20 Eastbourne Terrace, Macleay Island
Listing data updated 12 June 2026
- Positioned just a short stroll from the ferry terminal and village hub, 20 Eastbourne Terrace presents a fantastic opportunity for investors seeking immediate income with rental increase potential, or extended families looking for flexible dual living. Set on a generous 1,012m² block, the property comprises of two modern residences, both two-bedrooms and one-bathroom, positioned one above the other. The elevated position captures pleasant water views and enjoys a genuine easy stroll to the ferry, cafés and main village hub....No need for an island car! The lower residence is currently tenanted and achieving $420 per week, providing instant income from settlement. The upper residence is vacant offering flexibility to either move straight in or re-lease the property, with potential to increase the rental return in the current market. Both residences feature light-filled open plan living, well-appointed kitchens and comfortable bedrooms with built-in wardrobes. Each level enjoys its own spacious balcony, where the water views (particularly from the upper level) can be appreciated. Designed with practicality in mind, the property benefits from individually metered electricity, making dual tenancy straightforward. Solar panels are installed, with the upper residence currently receiving the benefit of the solar rebate. Being a modern build, the home offers the comfort and efficiency of a newer property without the maintenance often associated with older homes. Additional features include a double garage, side access, ample storage and excellent flexibility. Whether you are seeking a smart investment with immediate dual rental income, a home where you can live in one and rent the other, or a property that comfortably accommodates extended family living, this well-positioned island property offers both opportunity and versatility. Contact Ebony to arrange your private inspection and ferry terminal pick-up. Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained here is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or mis-statements contained in this document. Prospective purchasers should make their own enquiries to verify the information contained here. Property Code: 3332
RealistIQ deal score
Neutral value signal
12
/100
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Market price guide is $131,000 above RealistIQ estimate
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- Status
- $799,000 - Dual Income, Walk to ferry & shops
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