38 Barnes Street

An exceptional opportunity to secure two income-producing residences on one title, this versatile property offers immediate returns with outstanding flexibility for investors, extended families or those seeking to live in one home while generating additional rental income. Positioned on a generous block in a convenient Warilla location, the property comprises a well-maintained three-bedroom home at the front, currently leased, along with a separately positioned two-bedroom granny flat at the rear. Privately accessed via a remote-controlled gate, the granny flat enjoys its own sense of space and independence, complete with a large carport and a substantial shed. Both residences are equipped with air conditioning for year-round comfort, while solar panels help reduce ongoing energy costs, adding further appeal for both owner-occupiers and investors. Offering dual income potential in a high-demand rental location, this is a rare opportunity to secure a property that combines strong returns with long-term versatility. Property Features - Three-bedroom home at the front of the property - Front residence currently leased, providing immediate rental income - Separate two-bedroom granny flat at the rear - Air conditioning to both the house and granny flat - Solar panel system to help reduce electricity costs - Private remote-controlled gate access to the granny flat - Large carport servicing the granny flat - Good-sized shed offering additional storage or workshop space - Two independent dwellings on one title - Ideal for investors, multi-generational families or owner-occupiers seeking additional income Lifestyle Location - Minutes to Warilla Beach and Lake Illawarra foreshore - Close to local schools, parks and sporting facilities - Short drive to Warilla Grove Shopping Centre - Easy access to cafés, restaurants and everyday amenities - Conveniently located near Shellharbour City Centre, Shellharbour Hospital and public transport - Approximately 90 minutes to Sydney via the M1 Motorway Whether you're looking to expand your investment portfolio or secure a flexible property with multiple income streams, this dual-occupancy opportunity offers immediate returns, modern conveniences and outstanding long-term potential in a sought-after coastal location.