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17 Karloo Road, Umina Beach NSW 2257

$1,500,000 - $1,600,000

Search Band Search Visibility Band

$1.5M - $1.58M Transparent Transparent Listing Based on an openly advertised listing price.

House 8 Beds 3 Baths 4 Cars 746 m²

Listed: 49 days ago

Updated: 10 days ago

Overview

This substantial property located in a quiet cul-de-sac of Umina Beach unfolds as a compelling opportunity for investors or extended families seeking flexibility and potential income. Positioned on a generous 746 square meter block, the site includes two separate residences that cater to multi-generational living or dual occupancy possibilities.

The main home is a robust five-bedroom brick structure complemented by a single bathroom, offering ample space for a large family. Alongside it, a fully self-contained three-bedroom granny flat with two bathrooms provides comfortable independence, ideal for tenants or relatives.

Each residence enjoys a private yard, ensuring personal space and privacy for occupants. Practicality is further enhanced by a tandem carport alongside two additional off-street parking spaces, accommodating multiple vehicles with ease.

The property is currently leased to reliable tenants generating a combined weekly return of $1,520, underlining its attractiveness as a solid income-generating asset. The location benefits from proximity to essential amenities, including a short walk to St John's Primary School and Brisbane Water Secondary College, as well as reasonable driving distances to local attractions such as the Everglades Country Club & Golf Course, Umina Beach, and Woy Woy CBD and Train Station.

Substantial dual-living offering flexibility for various living arrangements or investment income.
Separate yards maintain privacy and autonomy for each household.
Ample parking with tandem carport plus off-street spaces.
Convenient location near schools and recreational facilities supports lifestyle needs.
Currently leased, providing immediate rental income.

This property presents a rare find with its multi-residential setup and strong income potential, making it suitable for families requiring extra space or investors seeking a versatile and dependable asset in the Umina Beach area.

Local Market Insights

In Umina Beach, Quiet Listings observed 30 new houses entering the market over the last 30 days, up from 23 during the previous 30-day period, with an average advertised asking price of $1,870,833. The property type mix of listed properties is predominantly Houses at 61%, followed by villas (22%), and apartments (8%). The most active agency for houses in the Umina Beach area is currently Raine & Horne, representing 23% of new listings, followed by Ray White with 23%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.