23 Lorikeet Way
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About this property
This brandnew dualresidence presents a rare opportunity to secure a highquality property offering both strong income potential and outstanding lifestyle flexibility in a tightly held coastal setting. The main threebedroom residence is estimated to achieve $650$680 per week, while the fully selfcontained onebedroom secondary dwelling is expected to return $380$400 per week, delivering a combined potential income of approximately $1,030$1,080 per week. Beyond its investment appeal, the thoughtfully designed dualresidence layout offers exceptional versatility. Live in the main home while generating supplementary income from the secondary dwelling, accommodate extended family with independence and privacy, or maximise returns through dual tenancies. This is a property designed to adapt to changing lifestyle needs over time. As a newly completed build, the property may offer access to depreciation benefits, including building writeoffs and eligible fixtures and fittings, which can enhance aftertax returns in the early years of ownership. Buyers are encouraged to seek independent advice to fully understand their individual position. With two separate dwellings, modern construction and broad tenant and buyer appeal, this is a lowmaintenance property with strong longterm fundamentals. Architectural Refinement with HighEnd Inclusions Beyond the numbers, the home showcases exceptional craftsmanship and considered design. Clean squareset finishes, premium vinyl plank flooring and multiple reversecycle splitsystem air conditioners provide comfort and durability throughout. A standout inclusion is the installation of custom Japaneseinspired Shoji screens, valued at approximately $9,000, introducing a refined architectural element while allowing flexible zoning of living spaces. These bespoke features elevate the property well beyond standard construction and reinforce its premium positioning. Main Residence Designed for Lifestyle and Function The main dwelling centres around a striking designer kitchen with waterfall stone benchtops, ideal for both everyday living and entertaining. Three beautifully appointed bathrooms feature floortoceiling tiling, creating a cohesive and contemporary finish. A dedicated builtin office captures uninterrupted golfcourse views, providing an inspiring workspace suited to remote professionals or homebased business use. A spacious double garage, complemented by additional offstreet parking, ensures practicality without compromise. Secondary Dwelling Independence, Privacy and Versatility The secondary onebedroom residence is fully selfcontained and thoughtfully designed for comfort and privacy. Featuring a lightfilled living area, modern finishes, vaulted ceiling and tranquil golfcourse outlook, it appeals to longterm tenants, shortterm stays or extended family living. This additional dwelling significantly enhances flexibility, supporting dualincome investment, multigenerational living or an owneroccupier seeking supplementary income. Lifestyle Location with LongTerm Appeal Positioned on the Mid North Coast between Taree and ForsterTuncurry, the location offers an ideal balance of lifestyle and convenience. Beaches, shopping, dining, schools, medical facilities and recreational amenities are all within easy reach, while the golf course sits quite literally at your back fence, an increasingly rare and desirable feature. A Rare and Flexible Offering With architectural detailing, premium inclusions, direct golfcourse positioning, dualliving capability and the benefit of a 7year builder's warranty, this property represents a compelling opportunity across multiple buyer categories. Whether you're investing for strong returns, seeking to offset your mortgage with additional income, accommodating extended family, or planning for flexible longterm living, this is a highquality Mid North Coast offering that stands apart in both design and income potential. DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 4
- Bathrooms
- 3
- Parking
- 4
- Land Area
- 1145 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Tallwoods Village
This 4-bedroom house in Tallwoods Village, NSW 2430 sits within reach of local amenities. It is listed 125% above the $499,000 median of 75 comparable houseswithin 5 km.
Tallwoods Village at a glance
Full suburb profile- Population
- 993
- Median age
- 60
- Household income
- $1,314/wk
- Median rent
- $400/wk
- Median mortgage
- $1,997/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Tallwoods Village price trend
Median sold · House 4 bed
Compound growth +0.6% / yr over 4 yrs
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1 price change recorded for this property
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