A tightly held Stockton asset offering immediate income of $1,510 per week with long-term upside, this multi-income property represents a rare coastal investment of genuine substance. Configured as four self-contained residences under one title , the property is secured by four individual leases, delivering diversified cash flow in a market defined by low vacancy and consistent demand.
The current configuration has been optimised for performance, providing a strong holding return while preserving flexibility for future enhancement. For investors, it offers scale, security and resilience. For developers, the underlying land component and layout present clear potential to explore improvement or redevelopment options (STCA) in a location where opportunities are increasingly limited. Rear lane access further enhances the asset’s flexibility, adding another layer of opportunity.
Set within one of Stockton’s most desirable coastal pockets, the property benefits from proximity to beaches, village amenities and direct ferry access to Newcastle CBD. This combination of lifestyle and connectivity continues to underpin strong tenant demand and long-term capital appeal.
Whether held as a high-performing income asset or strategically positioned for future value creation, this is a land-backed opportunity that speaks to sophisticated buyers seeking certainty today and optionality tomorrow.
Investment-grade. Location-led. Future-focused.
Outgoings:
Water rates – $2,756 p.a. approx.*
Council rates – $973.26 p.a. approx.*
This property is being sold under the Friendly Auction System.
An independent pest & building report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction.
Flexible deposit and settlement conditions are also available by negotiation with the agent if required.
Offers can also be made prior to auction and each offer will be assessed on its merits.
Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website.
Disclaimer:
All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.
