23 Moana Street, Woy Woy NSW 2256

Dual-living layout with studio | Walk-to-station position | Multi-income versatility | Renovated and ready The property’s competitive strength lies in its configured separation of living zones across two levels plus a self-contained studio, which is rare in this pocket of Woy Woy and directly supports multi-generational households or dual-income rental strategies. For a buyer, this means immediate flexibility: one family occupying the main residence while the studio and lower level generate independent rental streams, or a single owner using the extra space for guests or home business. The 10-minute flat walk to the train station and local amenities reinforces tenant demand and owner convenience, making this house best suited to investors seeking yield without vacancy risk, or families who want privacy under one roof. The primary risk is the variation in recorded bed and bath counts, which may complicate financing or valuation if a lender or appraiser uses the lower figure; a buyer should verify the current configuration against council records before exchange. The recent January 2026 sale at $1,095,000–$1,170,000 suggests the market has already repriced this property upward, so the buyer is paying for proven income capacity rather than upside from under-valuation. Opportunity lies in the ability to hold the studio as a short-term rental, boosting total return above the 5% yield suggested by prior rental data. Hold this house as a long-term income asset, or occupy one wing and let the rest cover the mortgage.