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Hi everyone
I sold 3 apartments in Wolli Creek, Rockdale and use the proceeds to buy 5 houses in Umina Beach/Woy Woy.
The price of 5 houses and rent are as following:
1. 2bed house at Woy Woy, $265K, renting $310
2. 2bed house at Woy Woy, $316K, big block, renting $290
3. 5 bed house at Umina Beach, $450K, renting $730
4. 4 bed house at Umina Beach, $385k, renting $500
5. 4 bed house at Umina Beach, $300k, renting $450
Umina Beach/Woy Woy is great potential suburb to invest. The house with cabin rent yields can be 8%
The price is undervaluedI have a decent apartment, 2 bedroom 1 bathroom 1 garage, total 120 sqm
Currently leased for 450 PW
3 minutes to Rockdale station
will be for sale $425,000contact me 0433 733 800 if interested
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