If you're looking to secure your first home, this appealing three-bedroom split-level duplex presents a fantastic opportunity in a convenient coastal location. Alternatively, for the savvy investor, this is a great chance to add a quality property to your portfolio.
Already tenanted with a weekly return of $550, the property offers an established rental arrangement from day one, making it an attractive option for investors seeking a property with an existing tenant.
Featuring a practical split-level design, three bedrooms and two bathrooms, the home combines comfortable living with generous outdoor space. The large secure backyard provides plenty of room for children, pets or entertaining, while the alfresco area offers the perfect indoor/outdoor vibe to enjoy your morning coffee or unwind.
Conveniently located close to local schools and just a five-minute drive to beautiful beaches, this property combines everyday convenience with the relaxed appeal of coastal living.
For investors, the existing tenancy provides an immediate rental opportunity, subject to the current lease arrangements. For first home buyers, this is an opportunity to secure a home in a desirable coastal location, with the potential to move in when the tenancy permits.
Offering space, practicality and lifestyle appeal, this versatile duplex is an opportunity not to be missed.
Whether you're investing for the future or taking your first step into the property market, this property is well worth your inspection!
Property features include:
• Three well-sized bedrooms.
• Two bathrooms.
• Split-level design with a functional layout.
• Single lock-up garage.
• Large secure backyard with plenty of outdoor space.
• Small alfresco area for outdoor relaxation.
• Close to local schools.
• Just a five-minute drive to beautiful beaches.
• Already tenanted, presenting an appealing opportunity for investors.
• An opportunity for both investors and first home buyers.
Additional information:
• Fantastic existing tenant paying $550 per week on a fixed term lease until April 2027.
• No strata fees.
• Council rates $1,867.79 per annum.
Don't miss your chance to secure this versatile property - enquire today Dawn Mason on 0424 847 522 or Rach Zerbes on 0400 769 581 at Ray White Ulladulla.
Disclaimer: All information contained herewith is provided by third parties. We have obtained this information from sources we believe to be reliable, however we cannot guarantee its accuracy. Interested parties should make their own enquiries. Tenants belongings have been digitally removed.
Features
3 bedrooms
2 bathrooms
directions_car2 carspaces
1 open car space
directions_car1 garage space
121 m² floor area
crop_free431 m² lot size
cottageDuplex Semi-Detached
Property history for 38B Red Gum Drive
2026
Rented
Undisclosed
Leased on 12 Apr 2026 by Ray White Ulladulla
2025
Sold
Undisclosed
30 Jan 2025 by Kate Wise, of Ray White Ulladulla
2023
Rented
Undisclosed
Leased on 17 Aug 2023 by One Agency Elite Property Group | Ulladulla
Happy sellers in Ulladulla
78%
sentiment_satisfied
78% of sellers in Ulladulla reported that their sale price either exceeded or met their price expectations.
Ulladulla stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 26 reviews in Ulladulla over the last 12 months.
Local market activity for 3 bedroom duplex semi-detached properties in Ulladulla
Sold
For Sale
For Rent
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