FOR SALE
Price Guide $2,100,000

1 Edith Street
North Haven NSW 2443

Bedrooms: 12
Bathrooms: 7
Car spaces: 6
Land area: 1320m2
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Forecast $98,000 inc g pa INVESTMENT UNITS

Rare real estate. Just 200m from the beautiful Camden Haven River & 700m to the safe surf beach at North Haven. The complex is neighbouring a caf� & take away shop (reopening soon) & opposite a grassy riverside park with play equipment, picnic tables & facilities.
Previously operated as holiday apartments, with the cabana & sparkling in ground pool for guests' use.
Currently flats are let to permanent tenants & showing excellent income last year of $1,690 per week ($87,880 pa) Predicting $1,900 per week ($98,000 pa)
On offer is a solid brick unit complex comprising 6 x 2-Bedroom flats. Three on ground level and three on the first-floor level. Each have good sized bedrooms (including built-in robes), a well-equipped kitchen, combined dining/living areas, and separate tiled bathroom. There is a communal laundry on the ground level. One open space car park for each flat. There is also an open space common area.
Adjoining the unit complex on the same title is an approx. 740m2 space that is privately fenced with an inground saltwater pool and an 80m2 Cabana style living space. There is a kitchen, bathroom and open plan recreation rooms. This area has numerous potential uses for future development. It could possibly be subdivided into 2 titles. (STCA)
Build a complying residence on the pool block (existing title � manager's residence for example)
This is the popular 'beach end' of North Haven, a fantastic holiday destination, desirable living for tenants & a great choice for a relaxed lifestyle of semi or full retirement. This is a unique piece of North Coast real estate. With no new multiple occupancy development permitted in North Haven this is rare real estate with strong current returns & great potential. What could you do with it?
PROPERTY FEATURES:
Each unit - Internal: 46 m2 (approx.)
Garage: None 6 open spaces
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Property Details for 1 Edith St, North Haven

1 Edith St, North Haven is a 12 bedroom, 7 bathroom BlockOfUnits with 6 parking spaces. The property has a land size of 1320m2. The place is currently for sale with LJ Hooker Laurieton.

Building Type
BlockOfUnits
Land Size
1320m2

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About North Haven 2443

The size of North Haven is approximately 5.9 square kilometres. It has 7 parks covering nearly 22.8% of total area. The population of North Haven in 2011 was 1,596 people. By 2016 the population was 1,682 showing a population growth of 5.4% in the area during that time. The predominant age group in North Haven is 60-69 years. Households in North Haven are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Haven work in a labourer occupation. In 2011, 68.4% of the homes in North Haven were owner-occupied compared with 63.9% in 2016.

North Haven has 1,105 properties. Over the last 5 years, Houses in North Haven have seen a 56.79% increase in median value, while Units have seen a 44.96% increase. As at 30 November 2024:

  • The median value for Houses in North Haven is $756,606 while the median value for Units is $570,622.
  • Houses have a median rent of $485 while Units have a median rent of $440.
There are currently 10 properties listed for sale, and no properties listed for rent in North haven on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in North haven.

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Wayne Heilman
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