Woolgoolga 31 Crabbe Street

The property is now leased to a quality ongoing tenant at $800 per week and with the recent price reduction it makes it the perfect opportunity to buy now and secure it for future potential options and capital growth.

Just look at the list of current inclusions and the future potential options it offers, now with the approved Sub division and recent price adjustment, the timing is ideal to capitalise on this opportunity.

Current Inclusions
DA approval for a 2-lot subdivision. Comprising of a 921m2 block with the existing residence and an 806m2 block that includes a 9x9m shed.Well laid out and spacious home with 4 bedrooms, 2 bathrooms, double garage (with mud room), 2 living areas and 240m2 of internal living space.Currently leased at $800 per week.2 Powered sheds, One 6m x 6.1m, the second 9.1m x 9.4m.Centrally located in the vibrant coastal village that is Woolgoolga, under 500m to the local Woolworths and only minutes to the Woolgoolga Village centre and beautiful beaches.Current setup is ideal for a trades persons home business and storage facility, or there's plenty of room and direct road access for the caravan, boat, hobby cars, motorbikes, and more.

Future Potential Options (STCA)
Carry out subdivision and build a house on 2nd block, lease out 1 or both properties, or use them for family/ other varied dynamics.Carry out subdivision and sell 2nd block. Carry out subdivision and hold the block for future use or sale.Carry out subdivision and look at a duplex or house and granny flat scenario on the 2nd block for a larger income stream or other various uses.Hold the property as is for a spacious residential lifestyle, utilise the sheds for home businesses, storing of trade materials vehicles etc.

Land - 1727m2 (approx)
Rates - $3,122pa (approx)

Property Information

• Land area approx 1727sqm
• Floor area approx 240sqm

Property Features

• Air Conditioning
• Car Spaces 7