516 The Entrance Road, Bateau Bay is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 594m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 4 bedroom House sold in Bateau Bay in the last 12 months.
Already a dual income property with separate upstairs and downstairs accommodation, providing the investor an excellent rental return, currently returning $390 per week. Alternatively, utilize one dwelling as a haven for weekend visits to the beach, whilst enjoying income from the other to offset expenses. The zoning provides an opportunity for a dual occupancy under Wyong Shire Council Dual Occupancy Policy. Public transport at the door, & within an easy walk to local shops, a number of beaches, clubs.
The size of Bateau Bay is approximately 7.2 square kilometres. It has 29 parks covering nearly 23.2% of total area. The population of Bateau Bay in 2011 was 11,759 people. By 2016 the population was 12,155 showing a population growth of 3.4% in the area during that time. The predominant age group in Bateau Bay is 50-59 years. Households in Bateau Bay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bateau Bay work in a professional occupation. In 2011, 69.4% of the homes in Bateau Bay were owner-occupied compared with 70.2% in 2016.
Bateau Bay has 5,513 properties.
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