PROPERTY SUMMARY
PROPERTY DESCRIPTION
Properties offering genuine flexibility are becoming increasingly difficult to find, and opportunities like this are rarely available in the growing riverside township of Karuah.
Positioned on a substantial 1,961sqm parcel with sweeping water views towards Nelson Bay, 68 & 68A Holdom Road presents an exceptional opportunity to secure two completely separate residences on one title. Whether you’re looking to accommodate extended family, generate multiple income streams, operate a successful holiday accommodation, or simply enjoy an enviable lifestyle with room for boats, caravans and hobbies, this property delivers options that few others can match.
The original residence offers comfortable, established living with a secure long-term tenancy already in place, while the second residence is a stunning architecturally designed home completed in 2023, capturing elevated water views and providing modern luxury throughout. The result is a property that can work for your lifestyle today while continuing to provide income and flexibility well into the future.
House One – 68 Holdom Road. Currently leased at $525 per week (including water usage) until December 2026, the original home provides immediate rental income and features:
• Three generous bedrooms, all with built-in wardrobes, ceiling fans and carpet flooring
• Functional kitchen with excellent storage and preparation space
• Multiple living areas plus a separate formal dining room
• Combustion fireplace for year-round comfort
• Original bathroom with shower over bath and separate toilet
• Enclosed rear yard with covered patio and garden shed
• Large carport plus enclosed rear balcony
House Two – 68A Holdom Road
Completed in 2023, this beautifully designed residence has been thoughtfully positioned to maximise its elevated outlook across the water towards Nelson Bay. Designed for effortless entertaining and everyday comfort, it features:
• Spacious open plan living flowing seamlessly onto the entertaining balcony
• Modern kitchen with island bench, electric appliances, SMEG dishwasher and generous storage
• Expansive tiled balcony complete with pull-down blinds, BBQ water outlet and kitchen servery window
• Three spacious bedrooms with built-in wardrobes, ceiling fans and split system air conditioning
• Master suite with water views, balcony access and stylish ensuite featuring dual shower heads
• Flexible media room or optional fourth bedroom
• Contemporary family bathroom with bathtub
• Saltwater inground concrete swimming pool with paved entertaining surrounds
• Wheelchair accessible entry
• Double garage, attached carport and extensive under-house storage
For those needing space for vehicles, boats, machinery or a workshop, the property also boasts an impressive 15m x 8m insulated shed complete with dual electric roller doors, side access and an additional attached carport. Additional Features:
• Separate driveway access to each residence
• Individually metered power to both homes
• Town water plus rainwater servicing the toilets and laundry
• Excellent separation between the two dwellings
• Stunning elevated water views
• Large 1,961sqm block offering space, privacy and versatility
An Opportunity That Adapts To Your Future! Whether you’re seeking:
• Dual rental income
• Multigenerational living
• A home with guest accommodation
• Airbnb or holiday accommodation potential
• Space for a home business or extensive storage
• A lifestyle property close to Port Stephens
68 & 68A Holdom Road offers a level of flexibility that is rarely found in today’s market.
Adding even further appeal, an independent STRA appraisal estimates the modern residence at 68A Holdom Road could generate an estimated gross annual income of between $52,800 and $66,000 through short-term accommodation (buyers should make their own enquiries.*
Located just moments from the Karuah River, boat ramps, local shops and cafés, while remaining within comfortable reach of Newcastle, Raymond Terrace and the attractions of Port Stephens, this is a property that offers not only lifestyle, but long-term potential in one of the region’s emerging waterfront communities. Contact our team today to arrange your private inspection.
* Estimated gross annual revenue only. Figures are based on an independent STRA appraisal and are not guaranteed. Buyers should make their own enquiries and obtain independent financial advice.
DISCLAIMER: This advertisement contains information provided by third parties. While all care is taken to ensure otherwise, Dowling Property Medowie, does not make any representation as to the accuracy of any of the information contained in the advertisement, does not accept any responsibility or liability and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.
