This property has many options for the purchaser. Investment, home plus income, or potential development withholding income (STCA). Located in a quiet street in popular Umina Beach, the property offers a neat 2-bedroom home plus an immaculate 2-bedroom granny flat on a large 740 sqm (approx.) block with 15m frontage.
Both properties are currently leased to excellent tenants with a combined rental income of $800 per week. Centrally located, it is only a 7 minute drive to Woy Woy rail station and shopping centre, and only 5 minutes to the town centre of Umina Beach with its array of shops, supermarkets, cafes and restaurants; as well as the sandy shores of the beach.
Zoned R1: suitable uses STCA include dwellings, dual occupancy, multi dwelling housing, residential flat buildings, child care, seniors housing and shop top housing.
The Owners’ Favourite Part: Dual income and large block
The front house offers:
- Two large bedrooms
- Main living area, plus a separate sunroom at rear
- Neat Kitchen and bathroom
- Timber floors throughout
- The rear yard is level in a north facing direction and fully fenced and private from the granny flat.
The rear home offers:
- 2 good sized bedrooms with built in robes
- Modern kitchen and bathroom
- Open plan living
- Large fully fenced private yard with own driveway and gate.
- Water tank
Particulars (all approx.):
- Block size 740m2 (approx.)
- Frontage: 15m2
- Currently leased for $800 per week