OFF MARKET

5A Reservoir Road
Ourimbah NSW 2258

Bedrooms: 9
Bathrooms: 5
Car spaces: 8
Floor area: 271m2
Land area: 10000m2
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Property Details for 5a Reservoir Rd, Ourimbah

Building Type
Commercial
Year Built
2000
Floor Size
271m2
Land Size
10000m2
Local Government
Central Coast
Lot/Plan
21/DP1014224

Last Listing description (April 2024)

An incredible dual occupancy offering set on 2.47 lush acres this unique property offers serious lifestyle benefits for those seeking peace, privacy and a sensational location. Two luxurious residences await, connected by an inspirational art studio with an incredible outlook and sharing a sparkling in ground swimming pool, spa and sandstone outdoor fire pit. Appropriately equipped with everything that you need to live self sufficiently, this property will suit a wide range of buyer scenarios including large and extended families and those seeking the opportunity to live the acreage life + achieve a significant rental income. Each residence is contemporary in design, beautifully appointed and embraced by landscaped gardens, surrounded by native Australian bush.

Features include:
- 2 large homes with separate 3 phase power and water storage tanks on 1 title

- The main residence offers a luxurious split level design. Beautifully appointed, capturing all afternoon sun with spectacular sunsets every evening, this residence offers 6 bedrooms, 3 bathrooms and a double lock up garage with internal access
- Second residence offers: 3 bedroom, 2 bathrooms, open plan kitchen lounge and dining with a separate living room and study nook, as well as a covered outdoor entertaining area and a double garage. This home is currently rented out returning $650 a week to tenants who are happy to stay on
- 2.47 acres of which 1 acre is cleared easy to maintain
- 9 bedrooms + 2 x study nooks, 5 bathrooms, 5 car spaces
- 8 kwt solar power to the main house (34 panels)
- Solar heated salt chlorinated swimming pool
- 4 person spa and sandstone outdoor fire pit
- Ducted reverse cycle air conditioner and ducted vacuum system in both homes
- For the keen gardener, the landscaped grounds are easily maintained and the vegetable garden has a 6m x 3m green house. There is a chook shed, and a 6m x 4m garden shed
- This property is fitted with an 8kwt solar system, over 90,000 litres of rain water storage and an environ-cycle sewerage system, a battery pack or power wall is all that is needed to class this home as totally self-sufficient if you are that way inclined

This sought after coastal location is less than 15 minutes to Terrigal Beach, conveniently located a few minutes from the motorway and nestled in-between Sydney and Newcastle, you could not ask for a better location to escape the rat race For further details or to arrange your inspection of this incredible property call Brian Milson today on 0411 381 220.

Property History for 5a Reservoir Rd, Ourimbah, NSW 2258

A timeline of how this property has performed in the market
Last Sold
$2,300,000
27 Oct 2023
Listed for Rent
$1.10k/w
28 May 2023
  • 27 Oct 2023
    Sold for $2,300,000
  • 21 Mar 2023
    Listed for Rent - Price not available
  • 30 Nov 2021
    Sold for $2,250,000
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About Ourimbah 2258

The size of Ourimbah is approximately 87.4 square kilometres. It has 17 parks covering nearly 104.1% of total area. The population of Ourimbah in 2011 was 4,161 people. By 2016 the population was 3,958 showing a population decline of 4.9% in the area during that time. The predominant age group in Ourimbah is 50-59 years. Households in Ourimbah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ourimbah work in a professional occupation. In 2011, 73.7% of the homes in Ourimbah were owner-occupied compared with 74.7% in 2016.

Ourimbah has 1,806 properties. Over the last 5 years, Houses in Ourimbah have seen a 64.30% increase in median value, while Units have seen a 55.85% increase. As at 30 September 2024:

  • The median value for Houses in Ourimbah is $1,076,342 while the median value for Units is $652,001.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 12 properties listed for sale, and no properties listed for rent in Ourimbah on OnTheHouse. According to CoreLogic's data, 77 properties were sold in the past 12 months in Ourimbah.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.