1/5 Winnunga StreetPambula Beach NSW 2549
Property Details for 1/5 Winnunga St, Pambula Beach
1/5 Winnunga St, Pambula Beach is a 2 bedroom, 2 bathroom Unit and was built in 1988. The property has a land size of 715m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (July 2022)
There's nothing like the sound of the ocean! It's a magic roar that can soothe the soul, a rhythmic lullaby sung by Mother Nature. And at 1/5 Winnunga St in the dress circle of Pambula Beach, the sound of the sea will become the soundtrack to your days. What's more, the panoramic vista of crystal ocean and golden sands are yours to own as well. This is the quintessential beachside townhouse and it's perfectly priced for those looking to enter the exclusive Pambula Beach market.
This two bedroom, two bathroom brick duplex presents as a neat and classy property, just as it is. While it's very difficult to take your eyes from the stunning view, the discerning buyer will recognise this as a solid property with great potential it requires little maintenance, has great bones and some charming features. Savvy investors will see the scope on this one!
The front deck is private and gloriously sunny while the yards both front and back are small, easily cared for and flourishing with natives. The 'ground floor' comprises kitchen, living and dining with the adjoining deck becoming another room to the home and the perfect place to bask in the beauty of the ocean views. Upstairs beds one and two offer magnificent views with the master also have a WIR and ensuite.
Currently, 1/5 Winnunga St is operating as a lucrative holiday rental. With little effort, strong returns are possible and those seeking a holiday home that can pay for itself should add this to their inspection list. Sold with furniture included, there's literally nothing to do but enjoy the return on investment!
Downsizers will also appreciate this tidy property. 1/5 Winnunga St offers just enough space for comfort without the expansive extras that require work, cleaning and maintenance! An easy, low care property means that your time can be spent enjoying
the pristine surf beach that's just minutes from your door. The incredible Pambula River Mouth is also close by, offering a more sheltered bay for swimming and some great opportunities for fishing!
Pambula Beach is a hidden gem just 10 minutes drive from Merimbula and 5 minutes from historic Pambula Village. It is surrounded by National Park and the ocean offering a lovely combination of wilderness, wildlife and beautiful beaches. There are endless opportunities for swimming, surfing, walking, biking, fishing, kayaking and whale-watching.
From Pambula Beach, a 4 km walking/bike track leads into the Village where you can reward yourself with something delicious from Wild Rye Bakery & Caf. Pambula Village also offers specialty shopping from boutique fashion through to custom hand-shaped surfboards. The amazing Panboola Wetlands deliver a unique and enriching experience a natural wetland sanctuary right in town! You can stroll on through the wetlands and end up at Oaklands Barn where there will be a pint of your preferred beverage waiting for you at Longstocking Brewery! Of course with Merimbula, Eden, Bega and Tathra all within twenty minutes (or less) drive, there are plenty of restaurants, shopping centres, medical services and golf courses nearby. The Merimbula Airport offers reliable services so those wishing to FIFO or welcome guests from afar can easily do so.
What a way to enter the PB market! And what an incredible view! Private, peaceful and picturesque. Put this one at the top of your list!
* Reverse cycle A/C
* Owners corporation currently allows pets
* Holiday Rental Income $24,000 per annum approx
Property History for 1/5 Winnunga St, Pambula Beach, NSW 2549
- 04 Jul 2022Sold for $850,000
- 04 May 2022Listed for Sale $899,000
- 17 Jul 2018Sold for $540,000
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About Pambula Beach 2549
The size of Pambula Beach is approximately 6.5 square kilometres. It has 1 park covering nearly 56.2% of total area. The population of Pambula Beach in 2011 was 665 people. By 2016 the population was 667 showing a population growth of 0.3% in the area during that time. The predominant age group in Pambula Beach is 60-69 years. Households in Pambula Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pambula Beach work in a managers occupation. In 2011, 75.5% of the homes in Pambula Beach were owner-occupied compared with 75.5% in 2016.
Pambula Beach has 533 properties. Over the last 5 years, Houses in Pambula Beach have seen a 70.39% increase in median value, while Units have seen a 45.47% increase. As at 31 October 2024:
- The median value for Houses in Pambula Beach is $856,162 while the median value for Units is $624,751.
- Houses have a median rent of $625 while Units have a median rent of $315.
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