FOR SALE
$1,500,000

12 Panorama Drive
Tathra NSW 2550

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
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Steady Income Stream

2 Unit site with long term tenants in leases.
Both units are 2 bedroom, 1 bathroom, kitchen & living plus laundry.
The complex has 2 garages and a cement driveway to the street.
Great income & location.
Best news though for buyers is that one of the units has been completely renovated throughout, saving many thousands of dollars but more importantly time and that equals money.
Located only 3 street back from Tathra Beach and with just a little bit of elevation giving you a sea view.
Brick building with little maintenance needed.

Property Details for 12 Panorama Dr, Tathra

12 Panorama Dr, Tathra is a 4 bedroom, 2 bathroom Unit with 4 parking spaces. The place is currently for sale with Elders Real Estate Tathra.

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Unit

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About Tathra 2550

The size of Tathra is approximately 21 square kilometres. It has 8 parks covering nearly 52.4% of total area. The population of Tathra in 2011 was 1,525 people. By 2016 the population was 1,677 showing a population growth of 10.0% in the area during that time. The predominant age group in Tathra is 60-69 years. Households in Tathra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tathra work in a professional occupation. In 2011, 63.5% of the homes in Tathra were owner-occupied compared with 66.6% in 2016.

Tathra has 1,203 properties. Over the last 5 years, Houses in Tathra have seen a 57.27% increase in median value, while Units have seen a 101.36% increase. As at 31 July 2024:

  • The median value for Houses in Tathra is $813,217 while the median value for Units is $650,300.
  • Houses have a median rent of $595 while Units have a median rent of $395.
There are currently 14 properties listed for sale, and 1 property listed for rent in Tathra on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Tathra.

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Greg Coman
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Elders Real Estate Tathra
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