Ettalong Beach | St Huberts Island
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  • 163 Bourke Road, UMINA BEACH, NSW 2257
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163 Bourke Road, Umina Beach, NSW 2257

  • 6 Bed
  • 3 Bath
  • 3garages

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.

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avatar David Keenan
David Keenan
Principal | Licensee In Charge | Sales Consultant
avatar Sam Keenan
Sam Keenan
Sales Consultant

Got a property to sell? Contact us for a free Request Appraisal

Property Info:
  • Property ID: L20550266
  • Property Type:Block of Units
  • Carports:3
  • Land Area:785 sqm
We Know Your Area
R&H Suburb Profile: Umina Beach
R&H Suburb SummaryHouses
Number of sales243
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 SummaryUnits
Number of sales74
Average Price$860,031
Median Price$778,500
Median Rental Price$495 p.w.
Change in Rental Rate (5yr)25 %
Median Trend - $1,070,000
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