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Back 159 Bourke Road
Off Market

159 Bourke Road

Umina Beach NSW 2257

12
6
6
1561.9 m²
Block of units
Last sold for $2,925,000
Ty ReynoldsTy Reynolds, last sold this property on 15 April 2026 after 48 days on market.

Overview

SIX INCOME-PRODUCING UNITS | DUAL TITLE | COMBINED LANDHOLDING AVAILABLE

159-161 Bourke Road presents a rare opportunity to acquire six (6) well-leased two-bedroom units across two titles, on 1,561.9 sqm of R1 General Residential zoned land - offering investors strong holding income with genuine long-term development upside. This property is available individually or as part of a combined acquisition with the adjoining property at 163 Bourke Road, Umina Beach (also for sale). Together, the two sites form a substantial 2,352.3 sqm landholding generating approximately $187,700 gross rental income per annum across 9 tenanted units - a compelling proposition for developers and land bankers (STCA). Investment Highlights: · Six (6) x 2-bedroom units with 6 garages, across two titles · Four renovated units and two in original condition · All units currently leased · Approx. $133,900 gross rental income per annum · Approx. $11,000 statutory outgoings per annum (net approx. $122,900 pa) · R1 General Residential zoning - 1,561.9 sqm · Highly desirable location close to shops, transport and local amenities · Significant development opportunity (STCA) · Combined landholding of 2,352.3 sqm available - see 163 Bourke Road There is a clear significant opportunity to uplift the return through renovations. The substantial landholding and R1 zoning further enhance the long-term redevelopment potential (Subject to Council Approval). Opportunities combining scale, income security, and development potential are rarely brought to market. Contact us today for a full list of photos and 360 degree walk through of units in the complex. IM available upon request. Please contact Ty Reynolds 0498 880 826 or Andrew Quilkey 0421 200 330 about this amazing opportunity.

Features

12 bedrooms
6 bathrooms
6 carspaces
6 garage spaces
1561.9 m² lot size
Block of units

Estimated Value

We need at least 3 similar 12 bedroom block of units sold in Umina Beach over the last 12 months.

Property history for 159 Bourke Road

2026
Sold
$2,925,000
15 Apr 2026 by Ty Reynolds, of Wilsons Estate Agency

Happy sellers in Umina Beach

89%
89% of sellers in Umina Beach reported that their sale price either exceeded or met their price expectations.

Umina Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 42 reviews in Umina Beach over the last 12 months.

Local market activity for 12 bedroom block of units in Umina Beach

Nearby agents

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Anthony McVicker

Sellers who recommend Anthony McVicker have praised them for being local expert, clear communication, responsive, honest, supportive, reliable and friendly

  •   4.9   (331 reviews)
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Luke Schoonbeek

Sellers who recommend Luke Schoonbeek have praised them for being local expert, clear communication, friendly, honest, stress-free process, responsive and supportive

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Kieran Walpole

Sellers who recommend Kieran Walpole have praised them for being local expert, clear communication, responsive, dedicated, detail-oriented, reliable and pleasant

  •   5   (89 reviews)
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Scott Wilson

Scott Wilson is a recommended agent for Umina Beach.  They have 4 local sales and collected 6 local reviews across the last 12 months.

  •   4.8   (170 reviews)
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  •  4 Sales in Umina Beach
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