FOR SALE
$1,650,000 Incl GST

2162 George Bass Drive
Tomakin NSW 2537

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2324m2
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Prime Riverfront Development Site - DA Approved for 22 units

Seize the chance to own a council-approved multi-dwelling development site in the highly sought-after coastal village of Tomakin. With approvals in place for 22 units, this exceptional property offers both a tranquil riverside location and proximity to pristine beaches, restaurants, golf course and IGA making it a prime opportunity for investors or developers looking to capitalize on the growing demand for coastal living. At least 8 of the units will boast stunning water frontage and views, enhancing the appeal and value of this unique development.
Key features:
- 2,324sqm comprised of 5 development lots.
- Council-approved for 22 residential units, ready to develop.
- Prime location on the serene shores of the Tomaga River.
- Water views available from a large percentage of the units.
- Coastal village lifestyle with nearby beaches, cafes, and recreational activities.
- Easy access to local amenities and surrounding areas, including Batemans Bay.
- Strong demand for riverside and coastal properties in the region.
- Potential for high returns in a rapidly growing market.
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Property Details for 2162 George Bass Dr, Tomakin

2162 George Bass Dr, Tomakin is a 0 bedroom, 0 bathroom House. The property has a land size of 2324m2. The place is currently for sale with McGrath Batemans Bay & Moruya.

Building Type
House
Land Size
2324m2

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About Tomakin 2537

The size of Tomakin is approximately 4 square kilometres. It has 1 park covering nearly 0.5% of total area. The population of Tomakin in 2011 was 890 people. By 2016 the population was 1,002 showing a population growth of 12.6% in the area during that time. The predominant age group in Tomakin is 60-69 years. Households in Tomakin are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tomakin work in a trades occupation. In 2011, 72.1% of the homes in Tomakin were owner-occupied compared with 75.3% in 2016.

Tomakin has 1,349 properties. Over the last 5 years, Houses in Tomakin have seen a 51.75% increase in median value, while Units have seen a 41.12% increase. As at 31 October 2024:

  • The median value for Houses in Tomakin is $919,520 while the median value for Units is $513,818.
  • Houses have a median rent of $615 while Units have a median rent of $500.
There are currently 13 properties listed for sale, and no properties listed for rent in Tomakin on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Tomakin.

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Luke Allan
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McGrath Batemans Bay & Moruya
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