598 The Ridge Road, Malua Bay is a 5 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 20200m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Set on 2.02 hectares of land, this property in the stunning location of Malua Bay is a rarely found asset. The double storey brick home provides both upper and lower level self-contained living options accompanied by internal access to the single garage downstairs plus a large double garage or storage shed added just recently.
The upstairs living area, kitchen, dining and family room have been smartly renovated to create spacious open plan living, fitted with Blackbutt timber floors throughout, with the original kitchen relocated downstairs. All bedrooms include mirrored built-in wardrobes with the addition of a walk-through robe and ensuite in the master bedroom upstairs.
Both outdoor living options to the rear overlook the surrounding vista and ocean glimpses from the front of the property. Majority of the boundary is fully fenced and gated, with the cleared paddock currently home to two donkeys. Two gated driveways from the top of the property allow access to both garages. Detailed list of features below:
? Three bedrooms upstairs with two bathrooms
? Two bedrooms downstairs with one bathroom and the laundry
? The main kitchen is fitted with stone benchtops and Bosch appliances including ceramic cooktop, wall oven, rangehood, built in microwave and a dishwasher
? A/C fitted in upstairs main living area
? Outdoor pergola with firepit adjoining the double garage
? DA approved for upstairs rear balcony extension 6m x 6m
? DA approved for an additional 12m x 10m shed with ensuite, earth moving already completed
? 100,000 litre in-ground water tank with new pump
? New septic system installed in 2020
? Mains power
? Electric fencing surrounding house with snake protection included
? 2.02 hectares of land (4.99 acres)
? Council rates are $1,535.20 per annum
? Only a five minute drive to Malua Bay beach, shops, restaurants and facilities
Ray White Group Auction and Information Event.
Auction the 25th of November 2023 from 5pm (if not sold prior) At The Ray White Batemans Bay Auction House in rooms 2a-4a Orient Street, Batemans Bay.
The size of Malua Bay is approximately 12 square kilometres. It has 1 park covering nearly 2.7% of total area. The population of Malua Bay in 2011 was 1,804 people. By 2016 the population was 1,931 showing a population growth of 7.0% in the area during that time. The predominant age group in Malua Bay is 60-69 years. Households in Malua Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Malua Bay work in a professional occupation. In 2011, 74.5% of the homes in Malua Bay were owner-occupied compared with 75.2% in 2016.
Malua Bay has 1,897 properties. Over the last 5 years, Houses in Malua Bay have seen a 68.84% increase in median value, while Units have seen a -2.91% decrease. As at 30 November 2024:
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