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Block of Units

1 and 2/ 152 Paton Street Woy Woy, NSW 2256

Sold for $710,000 on 18 Nov 2016Floorplan
  • 5 Beds
  • 2 Baths
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1 and 2/ 152 Paton Street, Woy Woy, NSW 2256

Block of Units in Woy Woy

Desirable Duo

  • 5 Beds
  • 2 Baths

An outstanding investment or dual occupancy, offering two already strata titled houses for sale in one line, situated on a 557m2 R1 zoned lot within 10 minutes level walk to Woy Woy Railway. The property has huge additional scope for renovation and improvement to grow the income stream, so a great yield is on offer here plus outstanding capital growth prospects.

The options are endless:

  • Purchase, renovate and on-sell one or both
  • Live in one house, rent the other
  • Ideal long-term investment with flexible re-sale options down the track

The front, original dwelling features-

  • Three large bedrooms
  • Spacious open plan living with timber flooring and updated kitchen
  • Rear sun room/living area
  • Internal laundry
  • currently leased for $390 per week.

The rear, newer dwelling features-

  • Two bedrooms with built-in robes
  • Good sized, practically laid out lounge plus dining areas
  • Bidet in main bathroom, separate toilet room
  • Large internal laundry with additional storage, external access to yard
  • Currently leased $270 per week

So with a total current income of $660 per week, this is an excellent option to park your cash in real estate with plenty of untapped upside.

To find out more about this unique property, or to arrange an inspection, contact John Ienna now!

To view more properties, go to www.raywhiteuminabeach.com.au

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.

Bedrooms:

5

Bathrooms:

2