34 Montevideo Parade, Nelson Bay NSW 2315

Established 650m² lot in Nelson Bay | 3-bed house with rental yield potential | No overlays | Zoned residential This house presents a straightforward residential proposition on a substantial, level block in a settled coastal locale. Its core strength is the secure, low-maintenance landholding in a family-oriented catchment, served by essential utilities and fibre broadband. The configuration suits a long-term occupant seeking stability or an investor capitalizing on consistent, though not exceptional, rental demand from the school and local services. The absence of environmental overlays simplifies due diligence. The primary risk is the lack of recent sales evidence to anchor the listed price, requiring validation against current market movements. The estimated gross yield, while positive, is modest and sensitive to interest rate shifts. Proceed only if the price aligns with verified comparable sales from the last quarter. This property is best held as a long-term residence or a secondary, income-supporting holding, not for short-term gain. Its value is in its utility, not speculation.