A Little Vision. A Lot of Potential... Home With Valuable Rear Lane Access

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331 Ocean Beach Road, Umina Beach NSW 2257

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$925k - $1.02M High Confidence Calculated based on strong search observations.

House 3 Beds 2 Baths 2 Cars 516 m²

Listed: yesterday

Overview

Located centrally in Umina Beach, this three-bedroom residence on a generous, level 516sqm block offers renovators and investors an enticing canvas with substantial potential for value addition and income generation. The property’s strategic design includes valuable rear lane access along with a pre-cleared, fenced section designated for a potential granny flat development, subject to council approval, facilitating dual-income possibilities.

The home benefits from high ceilings that enhance the sense of spaciousness and includes a separate dining area, supporting versatile living and entertaining arrangements. Parking is accommodated by a front carport complemented by a lock-up garage at the rear, catering to multiple vehicles or storage needs.

This property is particularly suitable for buyers looking for an affordable entry into the market with future-growth potential, conveniently positioned near local shops, public transport, and community amenities. The proximity to Lone Pine Plaza, a service station, a golf course, and the Woy Woy Train Station add practical lifestyle benefits, making this property a well-rounded opportunity within a sought-after coastal suburb.

Three-bedroom accommodation with practical layout
Two bathrooms
High ceilings promoting an airy interior
Separate dining room enhancing functional space
Level 516sqm block with rear lane access
Carport plus lock-up garage providing parking and security
Designated area cleared and fenced for potential granny flat (STCA)
Central location close to shops and transport

Overall, this home encourages creativity and investment flexibility, appealing to renovators, investors or those exploring additional income streams, allowing property owners to adapt and enhance the site according to their aspirations.

Local Market Insights

In Umina Beach, Quiet Listings observed 44 new houses entering the market over the last 30 days, up from 27 during the previous 30-day period, with an average advertised asking price of $1,880,114. The property type mix of listed properties is predominantly Houses at 74%, followed by villas (18%), and units (3%). The most active agency for houses in the Umina Beach area is currently Ray White, representing 39% of new listings, followed by Raine & Horne with 16%. 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.