238 Ocean Beach Road Umina Beach, NSW 2257

Sold $976,000

PRIME INVESTMENT OPPORTUNITY - TRIPLE INCOME IN PLACE @ $1,135:00 per week!

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.

Property Features
  • House
  • 6 bed
  • 3 bath
  • 1 Parking Spaces
  • Carport
Scott Ford
Sales Executive
0457 141 346
One look at Scott Fords Testimonials from past clients, will ensure you have chosen the right man. With many years in the Peninsula Real Estate Industry, Scott’s referral network is strong and his work ethic stronger. Scott is an award winning agent, setting many street records around the Peninsula in recent years. His honest approach fits in well at Marc Matthews & Associates and his willingness to work hard for his vendors stands him out from younger competitors. Scott has an eye for detail and understands every step needs to be performed at 100% to achieve a successful results. An ‘Old School’ 7 days a week man, some of Scott’s best results have come outside of hours or on Sundays. When choosing your Selling Agent, it is important to select an agent who is passionate about their role. Scott is that choice. Always giving regular, honest feedback, you will be clear every step of the way, you will never have to chase him up. A people person at heart, great local Real Estate knowledge with a happy and personable approach. Scott has been involved in Charity fundraisers, along with our agency including: Breast Cancer Research, Black Dog and Motor Neurone Research. Scott has also been involved in committees for local Rugby League and Netball and was a handy player back in the day. If you want a hard worker with proven results, Scott ford is the man.
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