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38b Red Gum Drive, Ulladulla, NSW 2539 For Sale
38b Red Gum Drive, Ulladulla, NSW 2539 38b Red Gum Drive, Ulladulla, NSW 2539-Image 38b Red Gum Drive, Ulladulla, NSW 2539-Image 38b Red Gum Drive, Ulladulla, NSW 2539-Image 38b Red Gum Drive, Ulladulla, NSW 2539-Image 38b Red Gum Drive, Ulladulla, NSW 2539-Image 38b Red Gum Drive, Ulladulla, NSW 2539-Image 38b Red Gum Drive, Ulladulla, NSW 2539-Image 38b Red Gum Drive, Ulladulla, NSW 2539-Image 38b Red Gum Drive, Ulladulla, NSW 2539-Image 38b Red Gum Drive, Ulladulla, NSW 2539-Image 38b Red Gum Drive, Ulladulla, NSW 2539-Image 38b Red Gum Drive, Ulladulla, NSW 2539-Image 38b Red Gum Drive, Ulladulla, NSW 2539-Image 38b Red Gum Drive, Ulladulla, NSW 2539-Image 38b Red Gum Drive, Ulladulla, NSW 2539-Image 38b Red Gum Drive, Ulladulla, NSW 2539-Image 38b Red Gum Drive, Ulladulla, NSW 2539-Image

38b Red Gum Drive, Ulladulla, NSW 2539

$740,000

Duplex Semi-detached
Type
3
Bedrooms
2
Bathrooms
2
Parkings
431 m²
Area

Published on Friday, October 23, 2026 ( See property details for 38b Red Gum Drive, Ulladulla, NSW 2539)

$740,000

Dawn Mason - Real Estate Agent - Ray White Ulladulla
Dawn Mason Licensed Real Estate Agent
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Rachel Zerbes - Real Estate Agent - Ray White Ulladulla
Rachel Zerbes Director of First Impressions
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  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile and well-located duplex in Ulladulla offering comfortable living, excellent investment potential, and coastal lifestyle appeal.

🏡 Property Highlights

  • Established rental income of $550 per week with a fixed lease until April 2027
  • Large secure backyard ideal for children, pets, or entertaining
  • Prime coastal location just five minutes from beautiful beaches
  • Practical split-level design with functional layout
  • Close to local schools, offering convenience for families
  • No strata fees, reducing ongoing costs

✨ Key Features

  • Split-level design
  • Three well-sized bedrooms
  • Two bathrooms
  • Single lock-up garage
  • Large secure backyard
  • Alfresco area
  • Close to local schools
  • Just a five-minute drive to beaches
  • Already tenanted with a fixed lease
  • No strata fees

Ulladulla is a vibrant coastal town renowned for its stunning beaches, relaxed lifestyle, and friendly community. The area offers excellent amenities, including local schools and shopping, making it ideal for families and investors alike. With easy access to nature and recreational activities, Ulladulla provides a perfect balance of convenience and leisure. The town’s growing popularity ensures strong future growth potential, making it a smart choice for property buyers. Enjoy the laid-back coastal vibe while being just minutes from essential services and outdoor adventures.

What is the current rental income and lease term?
The property is currently tenanted with a weekly rent of $550, under a fixed-term lease until April 2027.
Is the property suitable for first home buyers?
Yes, this duplex offers a practical layout and coastal location, making it an attractive option for first home buyers looking to enter the market.
What are the ongoing costs associated with the property?
The property has no strata fees, and council rates are approximately $1,867.79 per annum.
What features make this property appealing to investors?
The established rental income, prime location near beaches and schools, and low ongoing costs make this property an excellent investment opportunity.
Is there potential for future capital growth?
Yes, Ulladulla's growing popularity and coastal appeal suggest strong potential for future property value appreciation.
Are there any upcoming planning or development proposals in the area that could affect the property? Are there any restrictions or covenants on the property that could limit future renovations or extensions? Has the property been inspected for structural issues or pests? Are there any easements or zoning restrictions that could impact use or development? What are the flood or bushfire risks associated with this location? Are there any outstanding council or utility bills or compliance issues? Is the current lease compliant with all tenancy laws and regulations? Are there any planned infrastructure projects nearby that could cause noise or disruption? What are the terms of the existing lease, and are there any conditions that could change? Is the property suitable for pets, and are there any restrictions?

38b Red Gum Drive, Ulladulla, NSW 2539 - More Details

$740,000

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.
Type
Duplex Semi-detached
Bedrooms
3
Bathrooms
2
Parkings
2
Area
431 m²
Study
1
House Size
121 m²

Map & nearby places — 38b Red Gum Drive, Ulladulla, NSW 2539

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

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