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House for Sale in Umina Beach, NSW57 Albion St

57 Albion Street, Umina Beach, NSW 2257
57 Albion StreetUmina Beach NSW 2257 AUS
-33.515790 151.320409
3 Beds
2 Baths
  • Land area 0.12 acres / 500 sqm

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Established Returns! House Plus Cabin

Property ID 1969741
This original two bedroom house plus detached cabin with rear lane access is set on a 500sqm block and located in an excellent, quiet Umina Beach location. Minutes to beaches, shops and all the essential conveniences the Peninsula has on offer, this property is brimming with potential !

Currently leased to reliable tenants (who are keen to stay), the property presents an established return of $530 per week.

In mostly original condition throughout, the property offers substantial upside for buyers wishing to add value. Ideal to renovate and transform into a character filled seaside home, or revamp the existing investment to amplify your returns.

Potential to retain the existing home and take advantage of a great location and rear lane access by adding a new two bedroom granny flat - now or later.

* 2 bedroom house features original kitchen and bathroom. Lounge room features original fireplace, high decorative ceilings and vintage combustion stove - a real show piece! There is a private, fenced rear yard and plenty of off street parking. Leased $330 per week.

* One bedroom studio cabin - rear lane access, double gates, generous courtyard. Fully self contained. Leased $200 per week.

Contact John Ienna 0421 202 383 or Liam McAuliffe 0432 448 154 to arrange a private inspection TODAY!