123 Percy Davis Dr
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About this property
For investors seeking immediate dual income on a sizeable rural holding, this council-approved dual occupancy property just outside Moruya township delivers two separately leased 3-bedroom homes on 28 acres, with a combined rental return of $1,060 per week. The two residences are currently earning $530 per week each, and with tenants on periodic leases, the property can be sold with the flexibility of vacant possession if required. Set in a quiet primary production small lots zone, the property also includes three dams, two carports and substantial shedding, making it a practical income-producing asset with room to spread out. Residence 1 offers three bedrooms, a central bathroom, kitchen, lounge and dining area, along with reverse cycle air conditioning and a slow combustion wood heater for year-round comfort. Outside, the large 15m x 8.5m shed with concrete floor and adjoining carport provides exceptional storage and workspace. Residence 2 is equally well appointed, with three bedrooms, two bathrooms, kitchen, dining and lounge areas, reverse cycle air conditioning, a slow combustion wood heater, a carport and a reasonably sized shed, plus its own private outdoor barbecue area. Both homes enjoy separate driveways and private outdoor spaces, supporting tenant privacy and day-to-day convenience. Recent renovations to the roof, flooring and bathrooms have been completed, although they may not be reflected in the 2018 photos. Positioned just five minutes from Moruya's shopping centre and hospital, and within easy reach of Moruya Airport, pristine beaches and the river for fishing, swimming or boating, this is a rare chance to secure a strong-performing rural investment with genuine flexibility. Contact Sam on 0478 004 088 today for the full details, as properties offering this level of income and separation are tightly held. Property Code: 709
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 6
- Bathrooms
- 4
- Parking
- 10
- Land Area
- 11.66 ha
- Listed
- 3 months ago
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Neighbourhood
Living in Moruya
This 6-bedroom house in Moruya, NSW 2537 sits within reach of public transport, local shops and nearby schools. It is listed 58% above the $950,000 median of 24 comparable houseswithin 5 km.
Schools near Moruya
- Moruya Public Schoolprimary · K-6 · CoEd
- Moruya High Schoolsecondary · 7-12 · CoEd
What's nearby
- North Head Dr before Ford St (bus) — 4.9 km away
- Unnamed — 5.1 km away
- Russ Martin Moruya War Memorial Park — 5.3 km away
- Unnamed — 5.7 km away
- Apex Park — 5.7 km away
Moruya at a glance
Full suburb profile- Population
- 4,295
- Median age
- 52
- Household income
- $1,140/wk
- Median rent
- $300/wk
- Median mortgage
- $1,517/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Moruya price trend
Median sold · House 3 bed
Compound growth +1.5% / yr over 4 yrs
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1 price change recorded for this property
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