79 Ridge St, Catalina is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Catalina in the last 12 months.
With a tenant in place you could purchase and keep the rent coming in from day one. This well priced solid 2-bedroom home might just be the one.
Ridge Street is a sought after and tightly held street in Catalina Heights, and homes rarely become available. This home is well positioned close to town and clubs, including the championship 27-hole Catalina Golf Club. Batehaven shops and Corrigan's Cove Beach are a leisurely walk away.
There is potential to add a second floor to add more room (as next door have already done) and as this home sits on top of the ridge, there would be some decent water views to be had. It is also a perfect low maintenance holiday home with room to leave the boat.
If you don't need it straight away leave the tenant there to help pay it off for you. For the investor this is an opportunity to start or add to their portfolio. Tenant is paying $410/week rent.
The Marina and regional boat ramp are close and handy as well and Surf Beach, Lilli Pilli and Malua Bay beaches are around 10 minutes' drive away.
So, give me a call to book your own private inspection and look over your possibilities.
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 1,350 properties. Over the last 5 years, Houses in Catalina have seen a 52.95% increase in median value, while Units have seen a 46.49% increase. As at 31 July 2024:
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