238 Ocean Beach Road Umina Beach, NSW 2257

Located centrally to all three major districts on the Peninsula, being Umina Beach, Ettalong Beach and Woy Woy, sees this exceptional top-end investment opportunity that is rarely seen to the market place.

Currently there are three separate rental returns in place, which are returning a combined very healthy weekly rental combined income of $1,135 per week.

Positioned on a corner block, the separate rental yields are from the following…

* 3 x BEDROOM HOUSE: Returns – $450:00 per week & includes water.
– Built-ins, reverse cycle air-conditioning, spacious living zone, and Is in Lease to APRIL 2021.

* 1 x BEDROOM SELF-CONTAINED SLEEP-OUT:Returns $300:00 per week & includes water.
– Reverse cycle air- conditioning, and is In Lease to JANUARY 2021.
– Easy managed grassed yard.

* 2 x BEDROOM COUNCIL APPROVED GRANNY FLAT: Returns $385:00 per week.
– Additional car space/entertaining area.
– Automatic entry gate.
– Reverse cycle air-conditioning, and atm is on a rolling Lease.

There are separate “electricity & water meters in place”,(House & Sleep-out are on the same water metre only) Making this a superb triple income high end investment, where all the hard work has already been completed to set up.
Or a reside in the house, with in-laws/teenagers in separate accomodation on the property?……Whilst still allowing for one or two of the dwellings to be rented separately?….
Or save one as a holiday home, and rent the others, the choice is yours!

* Approx. 4 mins by car to Umina Beach CBD.
* Approx. 5 minutes by car to Woy Woy Railway station.
* Approx. 5 mins by car to Ettalong Beach Ferry Terminal.
* Approx. 12 minutes by car to M1 Kariong Interchange to Sydney and Newcastle.
* Bus service/stop to all districts, only very short walk away.

Rental returns:
* House @ $450:00 per week.
* Sleep-out @ 300:00 per week.
* Granny flat @ 385:00 per week.
Total returns @ $1:135:00 per week.

Out-goings
* Council rates: Approx. $456:00 per quarter.
* Sewer/water: Approx. $276:00 per quarter.
Please Note:
If you are needing sell before purchasing, please call to book your Free no-obligation market opinion for your property, including after hours 7 days….Scott – Mob 0457 141 346.