* Approx 860m2 level beach-side land - rear plus side lane access
* 3 x 2 bedroom established double brick units
* Combined estimated market rent $900 per week
* Approx 400 metres to West Street - cafes, retail and major supermarkets
* Steps to the beach
* 10 minutes drive to Woy Woy Railway
* Just over 1 hour drive to Sydney
* R2 zoned low density (single dwelling)
Once in a lifetime opportunity to purchase a large block of level, beach-side land. Steps to pristine beach and a short walk to thriving shopping precinct, this is an absolutely mouth watering opportunity to acquire something unique and special in an unbeatable location.
Situated on the land is an established double brick complex of 3 x 2 bedroom units. Each unit is separately metered for electricity and comprises of;
Unit 1 - 2 bedroom unit, partially renovated including updated kitchen. Leased $300 per week
Unit 2 - 2 bedroom unit in original condition, fenced courtyard. Vacant, but would lease for approx $290 per week
Unit 3 - 2 bedroom unit in original condition, lock-up garage and large fenced yard. Leased $310 per week
An amazing investment with plenty of scope to grow an income stream.
An equally impressive opportunity to knock down and rebuild your dream home now or in the future with the potential for excellent holding income.
Being sold as a Deceased Estate, the property has been a long term prized family asset and was utilised for many years as holiday accommodation.
Council Rates: $3040.71 pa
Water Rates: $684.16 pa
Call John Ienna now to schedule your inspection 0421 202 383.
LOOKING TO BUY BUT NEED TO SELL FIRST? There are many options available to make this transition possible. The team at Ray White Umina Beach are here to assist and make this transition as simple and stress free as possible. Contact us to find out more.
Disclaimer: We have obtained all information herein from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
