FOR SALE
$1,350,000

1 Second Avenue
Erowal Bay NSW 2540

Bedrooms: 8
Bathrooms: 4
Car spaces: 2
Land area: 1012m2
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PRICE REDUCED!

This rare offering is situated in the highly sought after suburb of Erowal Bay, yet only a few minutes drive to the famous Hyams Beach.
This 2 storey brick and tile home has 3 totally self contained residences, all under current leases and also providing a healthy return.
Upstairs is residence 3, there are 4 bedrooms, all offering built-in robes, main bathroom, second bathroom within the laundry, single garage with remote access, open plan kitchen, huge living/dining room, and wait for it, step out onto either of the 2 undercover terraces and be blown away with the 180 degree water views of St George's Basin.
Venture back downstairs and you discover residences 1 and 2, both offer 2 bedrooms, bathroom, laundry, spacious living/dining area and an open plan kitchen.
Residence 1 has a single garage with remote and internal access, residence 2 has several car spaces.
This unique property rests on a generous 1012 sqm level block offering side access for the boat or caravan and even sufficient backyard space for future development (s.t.c.a.).
Only a short drive to beaches, Vincentia Market Place, and the town of Huskisson, with it's huge offering of restaurants, clubs, pubs, whale and dolphin cruises, fishing and many variety shops.
This one would suit the astute investor, holiday home, or ideal for the largest of families.
Please give Peter a call on 0402 267 411 to arrange a private inspection.

Property Details for 1 Second Ave, Erowal Bay

1 Second Ave, Erowal Bay is a 8 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 1012m2. The place is currently for sale with LJ Hooker Nowra.

Building Type
House
Land Size
1012m2

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About Erowal Bay 2540

The size of Erowal Bay is approximately 3.5 square kilometres. It has 2 parks covering nearly 61.6% of total area. The population of Erowal Bay in 2011 was 553 people. By 2016 the population was 623 showing a population growth of 12.7% in the area during that time. The predominant age group in Erowal Bay is 60-69 years. Households in Erowal Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Erowal Bay work in a trades occupation. In 2011, 77.3% of the homes in Erowal Bay were owner-occupied compared with 77.8% in 2016.

Erowal Bay has 513 properties. Over the last 5 years, Houses in Erowal Bay have seen a 59.33% increase in median value. As at 30 November 2024:

  • The median value for Houses in Erowal Bay is $686,571 while the median value for Units is $612,860.
  • Houses have a median rent of $570.
There are currently 7 properties listed for sale, and 1 property listed for rent in Erowal bay on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Erowal bay.

Suburb Insights for Erowal Bay 2540

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Peter Rapley
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LJ Hooker Nowra
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.