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Sold on 14 Mar 2025 - Price Unavailable

31 Old Bar Road
Old Bar NSW 2430

Bedrooms: 10
Bathrooms: 4
Car spaces: 4
Land area: 1220m2
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Property Details for 31 Old Bar Rd, Old Bar

31 Old Bar Rd, Old Bar is a 10 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 1220m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 10 bedroom BlockOfUnits sold in Old Bar in the last 12 months.

Building Type
BlockOfUnits
Land Size
1220m2

Last Listing description (March 2025)

A fantastic investment opportunity awaits at 31 Old Bar Road, Old Bar. This fully-occupied mixed-use building offers a blend of residential and commercial space all on one title, generating a strong annual income of approximately $120,828* with room for improvement.

Key Features:

- Four solid brick residential units, units 1 & 2 are 2 bedrooms, units 3 & 4 are 3 bedrooms, each with its own balcony and carport. Top floor units have ocean views.
- Two commercial shopfronts on the ground floor, both currently operating as hospitality venues and offering off street parking.
- The entire building is fully tenanted, ensuring immediate returns and strong tenancy history.
- Situated on a spacious 1,220 sqm* block with potential for further development.
- Historic DA approval for an extension (believed to be in perpetuity and plans available - we recommend buyers do their own due diligence to confirm), including an additional shopfront and first-floor residence.
- Zoned R1 - general residential

Location Highlights:
- Just 200m* from the vibrant town centre.
- Only 600m* to the beautiful Old Bar main beach – perfect for attracting tenants and customers
- Main street frontage offering great exopsure for commercial tenants.

This property offers the perfect combination of coastal living, rental income, and future development potential (subject to council approvals). Whether you're a savvy investor or looking for a prime mixed-use space, this property presents an exceptional opportunity in a sought-after seaside location.

For more information or to arrange an inspection, contact Adam Stevenson on 0409 607 967.

Disclaimer: All information contained therein is gathered from relevant third party sources.
We cannot guarantee or give any warranty about the information provided.
Interested parties must rely solely on their own enquiries.
*Approximate areas, distances, times

Property History for 31 Old Bar Rd, Old Bar, NSW 2430

A timeline of how this property has performed in the market
Last Sold
14 Mar 2025
Listed for Rent
24 Aug 2011
  • 14 Mar 2025
    Sold
  • 07 Feb 2025
    Listed for Sale Sold
  • 06 May 2011
    Listed for Rent - Price not available
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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 3,164 properties. Over the last 5 years, Houses in Old Bar have seen a 52.56% increase in median value, while Units have seen a 46.95% increase. As at 28 February 2025:

  • The median value for Houses in Old Bar is $772,498 while the median value for Units is $491,958.
  • Houses have a median rent of $590 while Units have a median rent of $450.
There are currently 68 properties listed for sale, and 15 properties listed for rent in Old bar on OnTheHouse. According to CoreLogic's data, 157 properties were sold in the past 12 months in Old bar.

What's around 31 Old Bar Rd, Old Bar

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Suburb Insights for Old Bar 2430

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Population 4,415

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Household Structure
Occupancy
Contact agent
Adam Stevenson
Show contact details
LJ Hooker Old Bar Beach
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