1 Old Punt RoadNorth Batemans Bay NSW 2536
Property Details for 1 Old Punt Rd, North Batemans Bay
Last Listing description (May 2019)
Riverside Development Site Endless opportunities
Currently known as the Bay Waters motel, the site is a large 2.86 ha corner site that is improved with a 54 room hotel and resort facilities.
Although currently run as a hotel, the site provides enormous opportunity to capitalise on the location via full renovation of the existing facilities and/or redevelopment as:
healthcare hub;
retirement village; and/or
aged care facility.
In consideration of the strong retiree profile of the local area, Colliers International has identified that there is currently a distinct lack of modern allied healthcare amenities as well as new retirement village and/or aged care facilities within the local catchment area (outlined in Information Memorandum).
Location: 1 Old Punt Road, North Batemans Bay, NSW 2536
Clyde River frontage
Within 2km of commercial and retail hub
Within 3km of Batemans Bay hospital and medical hub
Expressions of Interest (EOI) Campaign: All EOIs are to be submitted before 4pm (UTC+11) - Friday 9th June, 2017.
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Property History for 1 Old Punt Rd, North Batemans Bay, NSW 2536
- 08 May 2017Listed for Sale Please contact agent
- 16 Mar 2011Sold for $1,650,000
- 26 Jun 1984Sold for $200,000
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0About North Batemans Bay 2536
The size of North Batemans Bay is approximately 5.3 square kilometres. It has 2 parks covering nearly 3.3% of total area. The population of North Batemans Bay in 2011 was 542 people. By 2016 the population was 567 showing a population growth of 4.6% in the area during that time. The predominant age group in North Batemans Bay is 60-69 years. Households in North Batemans Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Batemans Bay work in a trades occupation. In 2011, 66% of the homes in North Batemans Bay were owner-occupied compared with 66.7% in 2016.
North Batemans Bay has 599 properties. Over the last 5 years, Houses in North Batemans Bay have seen a 51.01% increase in median value, while Units have seen a 66.78% increase. As at 31 October 2024:
- The median value for Houses in North Batemans Bay is $759,996 while the median value for Units is $521,623.
- Houses have a median rent of $440 while Units have a median rent of $460.
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