Opportunity plus: home + granny flat

Opportunity knocks in the heart of Lake Cathie. Set in a prime, walk-to-everything location, this property offers a four-bedroom main residence plus an approved two-bedroom granny flat — a dual-income or extended family configuration with serious upside.

Yes, it needs work. The fundamentals are solid, the layout is versatile, and the potential is undeniable. With vision and a well-executed transformation, you can maximise rental returns and future capital growth in this laid-back coastal town.

Position is the key driver: stroll to the beach, shopping complex, tavern and lake, with Port Macquarie CBD and airport within 15-20 minutes drive and convenient access to the M1 for commuters.

Investors, builders and renovators — this is your value-add project. Start the plans, bring the toolbox, and unlock the return.

  • Main house with 4 bedrooms, 1 bathroom
  • Timber floors in lounge and hallway
  • Granny flat build in 2014 with 2 bedrooms, 1 bathroom. DA approved, with nominated address 1547A Ocean Drive, Lake Cathie.
  • Council rates: approximately $3,000 per annum
  • Block size: ~608m2.

AUCTION  28th March 2026 on-site at 1.30pm.

Contact Debbi or Susan for more information.

All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must rely on their own enquiries.

6 2 608 m2
Address 1547 & 1547a, Ocean Dr, Lake Cathie
Price AUCTION
Property Type Residential
Property ID 1978
Category House
Land Area 608 m2
Floor Area 116 m2

Auction

Saturday 28 March, 1:30 PM

Inspections

  Saturday 7 March 1:00 PM - 1:30 PM

  Wednesday 11 March 1:00 PM - 1:30 PM

  Saturday 14 March 1:00 PM - 1:30 PM

  Saturday 21 March 1:00 PM - 1:30 PM

  Saturday 28 March 1:00 PM - 1:30 PM

Agent Details

Debbi Phillips photo

Debbi Phillips

0435 677 256
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Susan de Jonge photo

Susan de Jonge

0410 938 691
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