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2 Donald Avenue, Umina Beach, NSW, 2257

Umina Beach

SOLD

2 Donald Avenue, Umina Beach, NSW, 2257

Properties / Sold / New South Wales / Umina Beach

Development Potential

1. Property Summary

Property Type

Residential

Land Area

696 m² (*approx)

Selling Method

SOLD: $635,000

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2. Property Highlights

SUPER CHARGED INVESTMENT - BRICK HOME + DEVELOPMENT SITE !!

For Sale: $660,000 - $700,000

Get your money working for you with this Super Charged investment opportunity, offering both solid holding income plus the potential to redevelop now or later. Ideal for buyers looking value packed investment opportunity in one of the Country's best performing markets, just over 1 hour's commute to Sydney CBD via rail.

696m2 R1 Zoned land - suit 2 x villa/duplex redevelopment (STCA)
Approx 15 metre frontage
10 minutes walk to Ettalong Beach
Brick house plus detached studio - potential for excellent holding income whilst you plan to develop, or ideal as an ongoing passive investment

The brick veneer house is in reasonable condition throughout and would benefit from a basic cosmetic upgrade to increase rental income if desired. Features include:

One large bedroom with walk-in robe plus a second smaller bedroom
Air-conditioned, spacious living including separate lounge and dining areas
Original functional kitchen
Original functional bathroom
Separate laundry
Enclosed sun room for additional, year-round living

There is a fully self contained separate studio accommodation in the back yard which was previously leased. The studio could be included with the main house to increase rental returns as additional storage/teenage retreat. The studio is fully self contained with it's own bathroom and kitchenette.

There is ample off-street parking and storage with a detached single lock-up garage, shed and carport.

Remember to mention you found this property on DevelopmentReady