61 Gallipoli Avenue, Umina Beach NSW 2257

Dual occupancy with rear lane | Rare flat block in Umina | Flood overlay present | Suits multi-generational or yield-focused buyers 61 Gallipoli Avenue offers a strong buying case primarily through its dual-occupancy configuration on a level block with rear lane access,a rare combination in Umina Beach. The main residence is renovated and well-finished, but the granny flat is the structural advantage: it provides genuine separation and private outdoor space, making it suitable for extended family or as a dedicated income stream. For an owner-occupier, the granny flat can offset mortgage costs significantly, while an investor gains two rental incomes from a single land holding. The location is practical, with beach and station within five minutes, and the school catchment adds family appeal. This property competes not as a single home but as a small-scale residential income package. The flood overlay is the primary risk. It may affect insurance premiums and could narrow the buyer pool at resale, particularly for lenders with stricter flood-zone policies. Buyers should obtain a flood certificate and insurer quote before committing. The asking price range appears aspirational relative to the estimated value, suggesting negotiation room exists. There is no bushfire or heritage overlay, which simplifies compliance. The property is best held as a long-term dual-income holding, with the option to occupy one dwelling and rent the other,this structure gives the buyer flexibility without overexposure.