2 Donald Avenue, Umina Beach NSW 2257

Get your money working for you with this Super Charged investment opportunity, offering both solid holding income plus the potential to redevelop now or later. Ideal for buyers looking value packed investment opportunity in one of the Country's best performing markets, just over 1 hour's commute to Sydney CBD via rail.

* 696m2 R1 Zoned land - suit 2 x villa/duplex redevelopment (STCA)
* Approx 15 metre frontage
* 10 minutes walk to Ettalong Beach
* Brick house plus detached studio - potential for excellent holding income whilst you plan to develop, or ideal as an ongoing passive investment

The brick veneer house is in excellent condition throughout and has been recently refurbished including fresh paint, reverse cycle air-conditioning and floor coverings. It is ready to immediately occupy/lease out. Features include;

* One large bedroom with walk-in robe plus a second smaller bedroom
* Air-conditioned, spacious living including separate lounge and dining areas
* Original functional kitchen
* Original functional bathroom
* Separate laundry
* Enclosed sun room/third bedroom leading to rear yard

There is a fully self contained, separate studio in the back yard which was previously leased. The studio could be included with the main house to increase rental returns as additional storage/teenage retreat. The studio is fully self contained with it's own bathroom and kitchenette and separate electricity meter.

There is ample off-street parking and storage with a detached single lock-up garage (with a new roof), shed and carport.