Description

Positioned within the growing lakeside community of Morisset NSW. this full turnkey dual living house and land package presents a strategically structured investment opportunity designed to support both immediate rental performance and long-term capital growth.

Located within the Beauty Point Road precinct, the property sits on a 495m² allotment and features the well-designed Tuvalu dual living layout. The configuration comprises a 3-bedroom primary residence and a fully self-contained 2-bedroom secondary dwelling, offering two income streams under one title. This structure continues to be highly sought after by investors seeking improved cash flow, reduced vacancy exposure and diversified tenant demand.

The estimated combined rental return of $1,200–$1,250 per week equates to an approximate gross yield between 5.67% and 5.90%, positioning this opportunity competitively within the current NSW investment market. Dual occupancy properties in key growth corridors are increasingly favoured due to their ability to generate stronger returns compared to traditional single dwelling investments.

The total internal living area spans approximately 210m², comprising 142.5m² for the main residence and 67.5m² for the secondary dwelling. Both residences have been thoughtfully designed to maximise space, privacy and functionality. Each dwelling benefits from its own garage space (1 + 1), clearly defined living zones and practical layouts that support long-term tenant appeal.

Delivered as a genuine turnkey package, the inclusions have been selected to support low maintenance ownership and tenant retention, while minimising post-settlement capital outlay. Key features include:

20mm manufactured stone kitchen benchtops

Stainless steel kitchen appliances including dishwasher

Reverse cycle split-system air conditioning to living areas and master bedroom

Ceiling fans to bedrooms

Roller blinds throughout (excluding wet areas)

2550mm ceiling heights enhancing natural light and space

Tiled undercover alfresco area

Fully fenced, turfed and landscaped yard

Remote access garages

Approximately 1.8kW solar power system

Colorbond roof and quality external finishes

These inclusions provide investors with confidence that the property will be ready for immediate leasing upon completion, without the need for additional upgrades or improvements.

From a strategic location perspective, Morisset continues to attract attention due to its positioning between Newcastle and Sydney, with convenient rail and road connectivity. The suburb offers proximity to Lake Macquarie, local schools, shopping precincts and recreational amenities, supporting consistent tenant demand from families, professionals and downsizers. The broader Central Coast and Lower Hunter corridors are experiencing ongoing infrastructure investment and population growth, reinforcing the long-term fundamentals of the area.

Dual income properties also offer additional depreciation advantages for investors, particularly with brand new construction. The combination of building write-off allowances and plant and equipment depreciation can enhance after-tax returns, supporting stronger overall portfolio performance when structured appropriately.

With anticipated land registration scheduled for July 2026, this opportunity allows investors to secure today's pricing while planning strategically for settlement. The forward registration timeframe can assist with structured finance planning, portfolio sequencing and capital allocation.

For investors focused on strengthening cash flow, expanding portfolio scale and acquiring assets in growth-aligned NSW locations, this Morisset dual living package represents a well-considered acquisition opportunity. The combination of projected yield, modern turnkey delivery, depreciation benefits and location fundamentals positions this property as a strategic addition to a forward-focused investment portfolio.

If required, this description can be tailored specifically for your Blue Wave Property Strategies newsletter, listing portals or investor database to align with your brand positioning and marketing objectives.

For more information Contact Chris at 0434 449 455.