29 MacKenzie Avenue, Woy Woy

COUNCIL APPROVED DUAL OCCUPANCY

The ideal investment property presents itself here with a current dual income stream and long term tenants in place.

The main house has a layout that is a little unorthodox but can either be used as a two bedroom house with two living areas or a three bedroom house with one living area.
There are two bathrooms in the main dwelling (one recently renovated), an enclosed rear sun room area and single carport for parking.
The tenants have just signed a new 2 year lease at $400 per week with an increase to $420 per week scheduled in 2022.

The granny flat is fresh, modern and sleek and features its own access via the rear lane, two bedrooms, open plan living/ dining/ kitchen area, combined bathroom & laundry and its own carport.
This tenant has occupied since 2018 and is currently paying $380 per week.

Currently showing a combined rental income of $780 per week which is due to increase in 2022, the block size is a comfortable 544m (approx) and you are within a 5 minute drive to Woy Woy train station and about the same distance to Umina Beach.

Please be sure to check out the video walk through link on the page and please contact Ian Willis on 0421780513 for any other questions.
INSPECTIONS BY PRIVATE APPOINTMENT ONLY.