Mallabula NSW 2319

Property Details: • Type: Duplex

• Bedrooms: 3 • Bathrooms: 2

Description: Completed in 2023, this spectacular contemporary duplex showcases a superb high-end finish and offers an exceptional opportunity to secure a quality home just 300 metres from the waterfront, parks and nature reserves of beautiful Port Stephens. Designed to impress, the residence features a spacious and practical air-conditioned open-plan layout enhanced by striking cathedral ceilings with exposed timber beams, creating a stunning sense of space and architectural character. At the heart of the home sits a beautifully appointed chef's kitchen, complete with stone benchtops, quality appliances, and a generous breakfast bar - perfectly positioned to connect seamlessly with the indoor living space and outdoor alfresco entertaining area. Accommodation includes three generously sized bedrooms, all fitted with built-in wardrobes, while the luxurious master suite offers a private parents' retreat. This tranquil space features air conditioning, a large walk-through wardrobe, and an elegant oversized ensuite with double vanities and stylish contemporary finishes. Thoughtfully designed for modern living, the home delivers seamless flow throughout with light-filled interiors, a clever floorplan, and a tasteful coastal aesthetic that perfectly complements the relaxed lifestyle this sought-after location offers. Currently leased to Defence Housing Australia (DHA), the property presents an outstanding set-and-forget investment opportunity, providing secure income and professional management. Lease Details: • Current lease term: 2024 - 2030 • Option to extend for an additional 3 years • Current rental return: $650 per week Additional Features: • Double lock-up garage with internal access • Solar panel system for energy efficiency • Ceiling fans throughout • Fully fenced and secure backyard • Low-maintenance design ideal for investors Located just moments from the pristine waterways, parks, and coastal walking tracks that make Port Stephens one of the region's most desirable lifestyle destinations, this impressive residence combines modern luxury with the security of a long-term government lease. Every care has been taken to verify the accuracy of the information contained in this advertising copy but no warranty (either expressed or implied) is given by Raine & Horne or its agent as to the accuracy of the contents. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property.