73 Ridge St, Catalina is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 630m2 and floor size of 192m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 5 bedroom House sold in Catalina in the last 12 months.
Introducing an exceptional opportunity with a stunning outlook that combines steady rental income with potential for future growth.
With the current lease expiring in November 2023, simply move in for summer, or renew the lease with a steady income and reliable tenant.
This two-story home offers an ideal chance to secure a valuable property that promises both immediate returns and long-term profitability. With its strategic location and desirable features, this property is a wise choice for astute investors.
The lower level of this home features a garage and carport, ensuring ample parking space for tenants and their vehicles. Inside, you'll find a comfortable bedroom, a spacious rumpus room, and a dedicated office space. Additionally, a convenient laundry/bathroom combination adds further practicality to this level.
Ascend to the upper level, where three inviting bedrooms await. A well-appointed bathroom caters to the needs of the household. The heart of this home lies in the open plan kitchen, meals, and living area, providing a vibrant and inclusive space for everyday living. This area seamlessly connects to a covered rear deck, offering captivating water outlooks and scenic views, enhancing the overall appeal of the property.
Other Features unique to this property:
? Accessible from the rear deck, the fully fenced backyard provides a secure and private space for outdoor activities.
? Positioned in a sought-after area of Catalina, this investment property offers a strategic location that appeals to tenants and potential buyers alike.
? $570 per week rent until Nov 2023 - possibility to renew as an investment or move in and make it yours.
? 3.3 Km to Batemans Bay CBD.
? 3.1 Km to Club Catalina Golf & Country Club.
? 2.1 km to Batehaven retail precinct.
? 1.6 Km to Batemans Bay High School.
The size of Catalina is approximately 3.9 square kilometres. It has 7 parks covering nearly 23% of total area. The population of Catalina in 2011 was 2,380 people. By 2016 the population was 2,330 showing a population decline of 2.1% in the area during that time. The predominant age group in Catalina is 60-69 years. Households in Catalina are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Catalina work in a sales workers occupation. In 2011, 68.8% of the homes in Catalina were owner-occupied compared with 67.6% in 2016.
Catalina has 1,346 properties. Over the last 5 years, Houses in Catalina have seen a 49.92% increase in median value, while Units have seen a 44.49% increase. As at 31 October 2024:
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