OFF MARKET

59B Cyrus Street
Hyams Beach NSW 2540

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 107m2
Land area: 162m2
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Property Details for 59b Cyrus St, Hyams Beach

59b Cyrus St, Hyams Beach is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 162m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
House
Year Built
1920
Floor Size
107m2
Land Size
162m2
Local Government
Shoalhaven
Lot/Plan
4/DP285458

Last Listing description (January 2021)

The Green Whalers Cottage is one of four whaler's cottages located in the heart of Hyams Beach. This unique cluster of cottages is located at 59 Cyrus Street and each has its own torrens title, with a very small portion of community title that encompasses the shared driveway and visitor parking.

All of the cottages are architecturally consistent and tie in aesthetically with the 7 Hyams Beach Seaside Cottages next door - making for a highly sought after pocket of Hyams - by owners and guests! This ensures that the holiday rental income potential of these cottages is always high.

The Green Whalers has 2 bedrooms and a 'dressing room' that is currently used as a third bedroom, giving a queen, queen, double configuration. Both bedrooms and the dressing room are upstairs. The property has 2 bathrooms - one upstairs, one downstairs.

There is an open plan kitchen, dining and living area downstairs - complete with fire place. The living area has plenty of natural light and adjoining front and rear timber decks. The upstairs bedrooms have ocean facing windows and a full width Juliet balcony.

One car space is on title, and the rear deck has a small storage shed.

The location of this property is perfect - very central to the Hyams Beach Cafe and the beaches, yet set back about 50 meres from the street.

Holiday rental income has been circa $42,000 of late, with a range of $35,000 - $50,000 over the past 5 years. The property is currently managed by the owners.

Subject to negotiation, the Green Whaler's Cottage may be sold fully furnished and equipped.

Annual rates are circa $2,700 per annum and the VGA land value is $358,000.

Community title costs are circa $275 per quarter of which this lot pays 20% or circa $55 per quarter.

Inspection is by appointment only. Please call Craig McIntosh on 0455 544 228.

Property History for 59b Cyrus St, Hyams Beach, NSW 2540

A timeline of how this property has performed in the market
Last Sold
$1,261,000
13 Jan 2021
  • 13 Jan 2021
    Sold for $1,261,000
  • 24 Mar 2020
    Listed for Sale Contact Agent
  • 16 Jan 2003
    Sold for $560,000
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About Hyams Beach 2540

The size of Hyams Beach is approximately 5.2 square kilometres. It has 2 parks. The population of Hyams Beach in 2011 was 290 people. By 2016 the population was 111 showing a population decline of 61.7% in the area during that time. The predominant age group in Hyams Beach is 70-79 years. Households in Hyams Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hyams Beach work in a professional occupation. In 2011, 77.3% of the homes in Hyams Beach were owner-occupied compared with 94.1% in 2016.

Hyams Beach has 270 properties. Over the last 5 years, Houses in Hyams Beach have seen a 73.14% increase in median value, while Units have seen a 64.66% increase. As at 31 October 2024:

  • The median value for Houses in Hyams Beach is $1,237,283 while the median value for Units is $1,084,335.
There are currently 1 property listed for sale, and no properties listed for rent in Hyams beach on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Hyams beach.

Suburb Insights for Hyams Beach 2540

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.