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12 Ryans Road, Umina Beach NSW 2257

$1,200,000

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$1.2M - $1.26M Transparent Transparent Listing Based on an openly advertised listing price.

House 5 Beds 2 Baths 1 Car

Listed: 11 hours ago

Overview

This distinctive dual-unit property at 12 Ryans Road caters effectively to the needs of investors and multigenerational families alike by offering two separate living spaces within the one large structure. The well-designed layout provides the flexibility to live comfortably in one unit while generating rental income from the other, a highly attractive proposition amid contemporary lifestyle demands.

The downstairs unit is tailored for practical family living, featuring three bedrooms each equipped with built-in wardrobes, a spacious living area that encourages comfortable socialising, a functional kitchen for everyday meal preparation, and the convenience of a single garage. This setup lends itself well to privacy and ease of access.

Upstairs, the second unit includes two bedrooms, an open-plan kitchen and living room, and a bathroom, all designed for privacy through separate access. This upper level would suit tenants or family members seeking a self-contained environment with independent facilities.

Additional appeal stems from the property's rear lane access, presenting opportunities to add value with potential granny flat development, subject to council approval. This development possibility enhances the investment case, allowing future expansion or adaptation as market needs evolve.

Overall, the property balances versatility with functionality, serving not only those who require housing solutions for larger or multi-generational households but also investors targeting steady dual-income streams with prospects for property growth. Its location in Umina Beach further contributes to desirability, situated within a community known for its coastal lifestyle.

Local Market Insights

In Umina Beach, Quiet Listings observed 41 new houses entering the market over the last 30 days, up from 25 during the previous 30-day period, with an average advertised asking price of $1,720,487. The property type mix of listed properties is predominantly Houses at 68%, followed by villas (21%), and apartments (6%). The most active agency for houses in the Umina Beach area is currently Ray White, representing 34% of new listings, followed by Raine & Horne with 20%. 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.