59B Cyrus StreetHyams Beach NSW 2540
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.
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
- 13 Jan 2021Sold for $1,261,000
- 24 Mar 2020Listed for Sale Contact Agent
- 16 Jan 2003Sold 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.
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