26 McMasters Road

Woy Woy NSW 2256

House

Currently for sale - view listing

Overview

DUAL-INCOME PROPERTY WITH HUGE UPSIDE

An exceptional opportunity to secure a substantial dual-income property in Woy Woy, combining strong immediate rental income with significant potential to add value over time. The property comprises a large 4-bedroom main residence in original condition, together with a near-new 2-bedroom granny flat already generating rental income. THE OPPORTUNITY 4-Bedroom Main Residence - Renovation Potential The spacious main residence presents an outstanding opportunity for buyers looking to renovate, modernise and add value. With solid bones and plenty of scope to improve, the home could be transformed into a substantial family residence or upgraded to maximise its rental appeal. Estimated rental value: $750 per week Near-New 2-Bedroom Granny Flat - Immediate Income The recently completed granny flat is finished to a contemporary standard and requires no immediate capital expenditure. It is currently leased to an excellent tenant who would like to remain long-term. Current rental income: $510 per week COMBINED RENTAL POTENTIAL $1,260+ per week That's approximately $65,500+ in potential gross annual rental income, providing strong holding income while you consider your plans for the main residence. WHY THIS PROPERTY STANDS OUT > Genuine dual-income property > Large 4-bedroom main residence > Near-new 2-bedroom granny flat > Current rental income of $510 per week from the granny flat, with estimated main-house rental of $750 per week > Significant renovation and value-add potential > No immediate capital expenditure required on the granny flat > Excellent opportunity for homeowners, investors or buyers looking for flexibility > Convenient access to Woy Woy Station and CBD > Close to Ettalong Beach, Umina Beach, schools, parks, shopping and local amenities A PROPERTY WITH OPTIONS Live in the main residence while receiving income from the granny flat, lease both dwellings as an investment, or renovate the main home and unlock its further potential. Properties offering two separate income streams, a near-new secondary dwelling and substantial value-add potential are tightly held and rarely become available in this format. Don't miss this rare opportunity to secure a property with genuine income and upside. Call now to arrange an inspection.