152 Railway Street, Woy Woy NSW 2256

4 bed plus granny flat | approved dual occupancy | flood overlay present | central walkable Woy Woy | commuter and investor demand This property is competitively positioned as a large, updated family home with an approved two-bedroom granny flat on a substantial 701 square metre parcel, making it a rare dual-occupancy offering in a central Woy Woy location within walking distance to the station, shops, and cafes. The configuration suits both multigenerational families seeking separate living spaces and investors targeting higher rental yield potential from two income streams, while the commuter-friendly position and size differentiate it from typical single-dwelling stock in the area. It best serves buyers who value flexibility, proximity to transport, and the capacity to offset holding costs through additional rental income. The flood overlay may affect insurance premiums and buyer perception, potentially influencing resale or development scrutiny, and the discrepancy in reported bedroom and bathroom numbers between sources should be clarified through inspection or title documents. The asking price range sits above a single-source automated estimate, so a buyer should weigh whether the approved granny flat and central location justify that premium relative to comparable properties without dual-occupancy approval.