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1/96 Waterman Street

Old Bar, NSW 2430, Australia
$515,000
2 bed 1 bath 1 car

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Area Price Guide
$484,100$545,900

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74
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$805,000
Area median
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-36%
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Yesterday
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About this property

Positioned moments from the heart of Old Bar, this well-maintained brick and tile duplex presents an outstanding opportunity for investors, first home buyers, and those seeking a relaxed coastal lifestyle. Offering comfort, convenience, and future potential, this charming property provides an affordable entry into one of the Mid North Coast's most sought-after, seaside communities. Renowned for its pristine beaches, welcoming community atmosphere, and laid-back lifestyle, Old Bar offers the perfect blend of coastal charm and everyday convenience. Enjoy morning walks along the shoreline, coffee at a local cafe, and easy access to shops, medical facilities, clubs, and parks, all while being only a short drive from Taree. It's easy to see why so many buyers are choosing to call Old Bar home. Inside, beautiful timber flooring flows throughout the home, creating a warm and inviting feel, while timber-framed windows add character and charm. The practical floor plan comprises two comfortable bedrooms, including a main bedroom complete with a built-in robe. The centrally located bathroom is tiled and features a shower, bathtub, vanity, and toilet, while the functional kitchen offers ample storage, a freestanding oven and cooktop. A tiled laundry with sink, internal access to the single lock-up garage, and direct outdoor access further enhance the home's practicality. Outside, a large, private, fully-fenced backyard provides plenty of room for children and pets to play, space for a thriving garden, or simply a peaceful setting to relax and enjoy the view of the beautiful reserve bordering the fence. Currently leased at $360 per week until 7 January 2027, the property offers a secure income stream from day one. With an estimated future rental return of approximately $480 per week, it also presents an excellent opportunity for investors to maximise their returns and capitalise on strong rental demand within the area. Combining low-maintenance living with lifestyle appeal and investment potential, this neat and tidy duplex is an opportunity ready to be snapped up. For more information or to arrange an inspection, contact Sacha Fraser on 0431 183 617 or Jade Hush on 0481 764 063. Disclaimer: All information provided has been sourced from relevant third-party providers. While we strive for accuracy, we do not guarantee its correctness and make no warranties regarding the information supplied. Interested parties are advised to conduct their own investigations.

Property Features

    View full listing on Domain

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    Repayment calculator

    $2,497/month
    $1,248 /fortnight
    Loan $412,000 at 6.10% over 30 years

    Upfront costs

    Deposit$103,000
    Stamp duty$14,937
    Conveyancing (est.)$2,000
    Total upfront$119,937
    Verify with NSW revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    2
    Bathrooms
    1
    Parking
    1
    Listed
    Yesterday

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