OFF MARKET

388 Beach Road
Batehaven NSW 2536

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2955m2
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Last updated 11 Nov 2024
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Property Details for 388 Beach Rd, Batehaven

388 Beach Rd, Batehaven is a 0 bedroom, 0 bathroom Unit and was built in 1980. The property has a land size of 2955m2.

Building Type
Unit
Year Built
1980
Land Size
2955m2
Local Government
Eurobodalla

Last Listing description (May 2019)

We are very pleased to offer the Management Rights and associated Real Estate of the Edgewater Gardens apartment complex, located in Batemans Bay, NSW and directly opposite Caseys Beach.
All apartments in the complex are in the Holiday letting pool, and the majority have been recently renovated.
The property enjoys a high return rate from guests who enjoy a relaxed Batemans Bay holiday in the lush and tropical surrounds of this beautiful resort.

There are no hours in the agreements and there is no requirement to live onsite.
The Manager s 3 bedroom townhouse is very large and has the office attached and on title.
Additionally, there is a beachfront one bedroom king apartment attached and on title and this has been holiday let but often used for family accommodation by the current owners.
It currently generates an additional income of about $12,000 per year but could easily be increased to $18,500 and this is not included in the current financials.

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Property History for 388 Beach Rd, Batehaven, NSW 2536

A timeline of how this property has performed in the market
  • 30 Sep 2018
    Listed for Sale $1,349,000

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About Batehaven 2536

The size of Batehaven is approximately 2.6 square kilometres. It has 6 parks covering nearly 6.8% of total area. The population of Batehaven in 2011 was 1,750 people. By 2016 the population was 1,788 showing a population growth of 2.2% in the area during that time. The predominant age group in Batehaven is 60-69 years. Households in Batehaven are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Batehaven work in a community and personal service occupation. In 2011, 59% of the homes in Batehaven were owner-occupied compared with 60% in 2016.

Batehaven has 1,708 properties. Over the last 5 years, Houses in Batehaven have seen a 45.54% increase in median value, while Units have seen a 57.55% increase. As at 31 October 2024:

  • The median value for Houses in Batehaven is $710,108 while the median value for Units is $469,959.
  • Houses have a median rent of $498 while Units have a median rent of $420.
There are currently 28 properties listed for sale, and 8 properties listed for rent in Batehaven on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Batehaven.

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