16 Kolinda DriveOld Bar NSW 2430
Property Details for 16 Kolinda Dr, Old Bar
16 Kolinda Dr, Old Bar is a 4 bedroom, 3 bathroom AcreageSemi-rural with 2 parking spaces. The property has a land size of 1.7ha. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom AcreageSemi-rural sold in Old Bar in the last 12 months.
Last Listing description (April 2024)
Nestled within the prestigious enclave of Kolinda Drive in the highly sought-after Old Bar region, this well-established property is not just a home; it's an unparalleled investment and income-generating opportunity, boasting a generous 4.2 acres of level land.
This semi-rural haven unfolds to reveal a spacious dwelling perfectly suited for diverse living arrangements, ideal for accommodating separate or multi-generational families. Surrounded by lush, mature trees and gardens, the property sets the stage for a potential hobby farm or a bush retreat.
The main residence, constructed with brick and Colorbond, spans two levels and can effortlessly be transformed to facilitate independent living for two families or capitalize on the booming Airbnb market.
The home encompasses two living rooms, two dining areas, three bathrooms, a well-appointed kitchen, and a separate self-contained bar. Along with 4 bedrooms, providing a comfortable and private retreat.
Entertaining is a joy with two outdoor spaces, one of which overlooks the inviting in-ground pool. These areas are perfect for hosting gatherings or enjoying peaceful moments surrounded by the refreshing country air.
Adding to the property's allure is an original studo/games room at the rear, offering yet another possible income stream.
Benefiting from convenient proximity to the beautiful beaches of Old Bar, this unique parcel of land beckons you to embrace the ultimate acreage lifestyle or seize an exceptional investment opportunity. Don't miss your chance to own a slice of paradise and unlock the full potential of this extraordinary property.
Quick Guide:
- Prestigious Kolinda Drive location in sought-after Old Bar region.
- 4.2 acres of level land, offering unparalleled investment and income-generating potential.
- Versatile semi-rural property ideal for diverse living arrangements and multi-generational families.
- Surrounded by lush, mature trees and gardens, creating a potential hobby farm or bush retreat.
- Main residence, brick, and Colorbond construction, spans two levels for flexible living options.
- Airbnb potential with lower level featuring two living rooms, two dining areas, a well-appointed kitchen, and a self-contained bar.
- 4 private bedrooms on the upper level for a comfortable retreat.
- Two outdoor spaces for entertaining, one overlooking an inviting in-ground pool.
- Original cottage at the rear provides an additional income stream opportunity.
- Conveniently close to Old Bar beaches, presenting the ultimate acreage lifestyle or an exceptional investment opportunity.
# Currently Tenanted until 1/5/24 for $600p/w
Property History for 16 Kolinda Dr, Old Bar, NSW 2430
- 24 Apr 2024Sold for $1,215,000
- 19 Mar 2024Listed for Rent $600 / week
- 02 Feb 2024Listed for Sale New To Market
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About Old Bar 2430
The size of Old Bar is approximately 24.4 square kilometres. It has 11 parks covering nearly 26.6% of total area. The population of Old Bar in 2011 was 4,271 people. By 2016 the population was 4,415 showing a population growth of 3.4% in the area during that time. The predominant age group in Old Bar is 60-69 years. Households in Old Bar are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Old Bar work in a professional occupation. In 2011, 66.2% of the homes in Old Bar were owner-occupied compared with 67.8% in 2016.
Old Bar has 3,141 properties. Over the last 5 years, Houses in Old Bar have seen a 55.49% increase in median value, while Units have seen a 57.51% increase. As at 31 October 2024:
- The median value for Houses in Old Bar is $759,925 while the median value for Units is $486,224.
- Houses have a median rent of $580 while Units have a median rent of $450.
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