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2C Evans Street,
Bellingen

Beds

Baths

Cars

Two Long-Term Tenancies Now in Place with Combined Rental Income of over $78,000 per annum | Main residence: $985 per week | Cottage: $520 per week

Positioned in one of Bellingen's most sought-after pockets, this elevated residence now presents as a compelling income-producing asset, with two long-term tenants already secured and the property ready to be released to the market.

Blending the warmth and character of a private retreat with the confidence of strong, reliable rental income, the property offers investors a rare opportunity to acquire an established dual-income holding in a tightly held lifestyle location.

The main residence, leased at $985 per week, has 3 bedrooms, each with their one en-suite, generous living area and a single garage, plus a self contained unit, including kitchenette, living area, a generous bedroom (4th bedroom) and bathroom.

The very private second residence, currently leased at $520 per week, includes one generous bedroom, light filled living area plus a 3 bay carport.

Both residences delivering an annual return of over $78,000. A rare opportunity to secure a character-filled Bellingen property that delivers immediate income, long-term flexibility and strong investment fundamentals.

For investors, this is a genuine set-and-forget opportunity with strong weekly income, reduced vacancy risk and the benefit of established long-term tenancy arrangements from day one. For lifestyle-minded buyers, the property also offers future flexibility, with the ability to hold securely now and consider personal use, extended family accommodation or value-add opportunities over time.

Set among established gardens with mountain outlooks, peaceful privacy, generous living zones plus a separate and private cottage, the property balances lifestyle appeal with clear commercial logic. Its dual-income structure, walkable proximity to Bellingen's cafes, schools, markets and river swimming spots, and strong tenant appeal make it a highly attractive proposition in the current market.

Key investment highlights

Main residence currently leased at $985 per week to a long-term tenant.
Separate cottage currently leased at $520 per week to a long-term tenant.
Combined rental income of $1,505 per week, providing strong and reliable investor returns.
Now ready for market release, with income already secured and tenancy arrangements in place.
Separate cottage with independent power meter, ideal for secondary rental income or future extended family flexibility.
Strong investor-grade performance with dual-income appeal and reduced reliance on a single tenancy.
Three distinct living zones, supporting spacious family living, tenant comfort and future dual-living flexibility.
Elevated balconies with mountain outlooks, adding lifestyle value and strengthening long-term tenant desirability.
Resort-inspired gardens with established palms and pool, creating a private and appealing outdoor environment.
Solid brick construction with timeless character, supporting durable and low-maintenance ownership.
Wheelchair-accessible suite with ramp and en-suite, broadening occupancy appeal and lifestyle flexibility.
Walkable proximity to cafes, schools, markets and river swimming, supporting tenant retention and long-term demand.
Reduced operational intensity compared with short-stay or holiday-let models, offering fewer variables and more consistent income.
Improved lending appeal through established long-term lease income.
Scope to hold comfortably over the medium to long term without immediate renovation pressure.
Balanced appeal to investors, future owner-occupiers and lifestyle purchasers, creating strong resale flexibility over time.