4 Farrell Road
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About this property
Opportunities like this are exceptionally rare. Positioned in one of East Bulli's most tightly held coastal pockets, this unique property presents a full unit block comprising five studio apartments on a generous 658m² (approx.) parcel of land offering immediate income with outstanding future potential. Perfect for investors looking to expand their portfolio, the property provides multiple income streams with established long-term tenancies already in place. Set on a sizeable and level allotment with minimal-maintenance grounds, it's an attractive, set-and-forget investment in a blue-chip beachside location. For those with a vision for the future, the site also presents exciting possibilities. Owner-occupiers or developers may consider a complete rebuild (STCA), creating the ultimate coastal residence just moments from the sand while maximising the block's prime position. Property Features Prime 658m² (approx.) parcel of land Entire unit block consisting of 5 studio apartments Multiple rental income streams with long-term tenants Low-maintenance grounds requiring minimal upkeep Level and accessible site with excellent future potential Ocean views from the front of the property Location & Lifestyle Set in a prized East Bulli address, the beach is only a flat 100m (approx.) stroll from your front door, where you can enjoy the pristine sands and sparkling waters of Bulli Beach. The location places you within easy walking distance of local favourites including Bulli Rockpool, Sandon Point, Bulli Surf Life Saving Club, reserves, parks, schools and the iconic Bulli Beach Café. Whether you're securing a rare multi-income investment or envisioning your dream coastal home, this exceptional offering captures the very best of the Bulli beach lifestyle.
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Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 5
- Bathrooms
- 2
- Parking
- 2
- Land Area
- 658m²
- Listed
- 1 week ago
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