4/384-388 Beach Road
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About this property
A rare opportunity awaits those looking to invest in the beautiful South Coast while generating a double income to help subsidise their holidays! The unique yet highly functional floor plan offers incredible flexibility. It can be utilised as one large five-bedroom waterfront residence with a 4 car garage, or configured as two fully self-contained apartments currently returning a combined permanent rental income of $1,025 per week. Perfectly positioned on the waterfront at Caseys Beach, this property enjoys uninterrupted views that can never be built out. On a clear summer's day, the crystal-clear ocean waves are so close you'll feel as though you can reach out and touch them. Holiday let both and enjoy personal use during vacant periods - the prime waterfront position makes it highly attractive for Airbnb. The complex also features a lovely entertaining area and onsite pool for those days when you've had enough of the ocean. Alternatively, live in one and permanently lease the other, or secure a permanent income stream from both - the options are endless. Constructed to an exceptional standard, the property features double brick throughout with a concrete slab separating the two levels, allowing for easy and practical dual occupancy leasing. Opportunities like this - offering dual income potential on the waterfront at this price point - are incredibly rare. Don't delay your inspection. Secure an outstanding waterfront investment with strong rental returns while you can.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 1
- Listed
- 3 months ago
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Neighbourhood
Living in Batehaven
This 3-bedroom apartment in Batehaven, NSW 2536 sits within reach of public transport, local shops and nearby schools. It is listed 71% above the $700,000 median of 64 comparable apartmentswithin 5 km.
Schools near Batehaven
- St Bernard's Primary School, Batemans Bayprimary · K-6 · CoEd
- Sunshine Bay Public Schoolprimary · K-6 · CoEd
- Batemans Bay High Schoolsecondary · 7-12 · CoEd
What's nearby
- John St at Beach Rd (bus) — 56 m away
- Unnamed — 805 m away
- Corrigans Beach Reserve — 1.1 km away
- Keith and Mavis Smith Park — 2.3 km away
Batehaven at a glance
Full suburb profile- Population
- 1,911
- Median age
- 54
- Household income
- $1,128/wk
- Median rent
- $320/wk
- Median mortgage
- $1,365/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Batehaven price trend
Median sold · Unit 2 bed
Compound growth +4.1% / yr over 4 yrs
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Price history
Listing price changes
1 price change recorded for this property
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