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163 Bourke Road, Umina Beach, NSW 2257
- 6
- 3
- 3
Sold
Sold for $1,210,000 (Oct 29, 2022)
Block of Flats - Invest & Rest - No Strata Fees
Well this is something you don't see everyday, three x two bedroom self contained units being sold in one line, this is the perfect opportunity to add a great investment property to your portfolio!
This complex is set on a great sized block of approximately 785sqm, and has loads of potential for further development if you wanted to explore that avenue.
Set in a great location, you have the general store across the road ! We also have public transport only around the corner, with either Umina or Ettalong Beach only a short 5 minute drive away!
Each unit consists of 2 spacious sized bedrooms, an open plan living area, a full sized bathroom with large shower & a separate carport for each unit. They also have a shared laundry at the rear of the property.
This property also has outstanding tenants, each unit is kept extremely neat, tidy & well looked after. The current tenants are currently paying $300 per week each, giving you a gross return of $46,800.
A Building & Pest report is available
- Please call Ken Dyer, Leading Building & Pest Inspections on 0437 202 257
For Auction Pre-registration, contract and other useful documents, please find the following link https://vltre.co/rGi59o
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.
Got a property to sell? Contact us for a free Request Appraisal
- Property ID: L20550266
- Property Type:Block of Units
- Carports:3
- Land Area:785 sqm
R&H Suburb Summary | Houses |
---|---|
Number of sales | 243 |
Average Price | $1,116,124 |
Median Price | $1,070,000 |
Median Rental Price | $550 p.w. |
Change in Rental Rate (5yr) | 33 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 74 |
Average Price | $860,031 |
Median Price | $778,500 |
Median Rental Price | $495 p.w. |
Change in Rental Rate (5yr) | 25 % |