OFF MARKET

2 Reservoir Street
Tathra NSW 2550

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 98m2
Land area: 595m2
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Property Details for 2 Reservoir St, Tathra

2 Reservoir St, Tathra is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 595m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
2005
Floor Size
98m2
Land Size
595m2
Local Government
Bega Valley
Lot/Plan
2/42/DP246658

Last Listing description (August 2021)

It's nearly impossible to buy into Tathra now and rentals are so scarce... This property has it all!

The main residence has 3 bedrooms, 2 bathrooms and 2 living areas, is flooded with northern sun and boasts a fabulous, covered and enclosable outdoor entertaining deck overlooking the reserve.
In addition, there is the stylish 1 bedroom SC unit which has its own entrance and courtyard at street level.

Currently with permanent tenants, these areas could also become teenage retreats, home offices, AirBnB accommodation...the possibilities are many. With the addition of a large double lock up garage and rear access to the block, it's a winner.

Currently returning $760 per week ($39,520 gross pa) as a permanent rental, this property could earn you around 4-5% on your investment.
This excellently located property can be continued as a permanent rental option or ...
... imagine yourself living in the upstairs, sunny, 2 bedroom apartment, whilst earning an extra $400pw plus with the other rental options.
The large double garage/shed has drive through access for boats or caravans and there are also 2 x 5000L water tanks and 1.5kva solar system to offset costs...this property is really worth serious consideration and has been designed for low maintenance and running costs.

We have an enviable lifestyle here in Tathra; walking distance to beautiful Tathra Beach and Kianinny Bay; pristine National Parks, great cafes and restaurants, the iconic Tathra Pub, Golf, tennis, bowls and the famous Tathra Beach Mountain Bike Tracks . We also have a chemist, post office, 2 supermarkets, butcher, newsagent, Bike and Surf shop, retail, great op shop and a wonderful local primary school and preschool. There are also school buses for the huge range of other primary and high school options in the district.

Tathra living is the jewel of the Bega Valley; only 20 minutes to Bega CBD, Bega Regional Hospital and Merimbula and the Regional Airport, with all the best of coastal living.

With the current rental shortage, this property is a great entry opportunity into Tathra as an investor and/or owner occupier.

Open houses will be on 4 consecutive Saturdays on Saturday 17th July, 24th July, 31st July, 7th August and 14th August from 11am - 11.30am.
The property will be auctioned onsite on Saturday 14th August at 11.30am UNLESS SOLD PRIOR.
Genuine offers before auction will be considered.

Open house inspections will be subject to any and all relevant restrictions imposed by the State Government. We suggest buyers check with the various Government websites to ensure that attendance is possible.

Please contact us for an information package and for any questions regarding this great opportunity.

Property History for 2 Reservoir St, Tathra, NSW 2550

A timeline of how this property has performed in the market
Last Sold
$850,000
14 Aug 2021
Listed for Rent
$280/w
18 May 2021
  • 14 Aug 2021
    Sold for $850,000
  • 08 Jul 2021
    Listed for Sale Contact Agent
  • 18 May 2021
    Listed for Rent $280 / week
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About Tathra 2550

The size of Tathra is approximately 21 square kilometres. It has 8 parks covering nearly 52.4% of total area. The population of Tathra in 2011 was 1,525 people. By 2016 the population was 1,677 showing a population growth of 10.0% in the area during that time. The predominant age group in Tathra is 60-69 years. Households in Tathra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tathra work in a professional occupation. In 2011, 63.5% of the homes in Tathra were owner-occupied compared with 66.6% in 2016.

Tathra has 1,212 properties. Over the last 5 years, Houses in Tathra have seen a 48.56% increase in median value, while Units have seen a 107.52% increase. As at 31 October 2024:

  • The median value for Houses in Tathra is $757,369 while the median value for Units is $665,991.
  • Houses have a median rent of $595 while Units have a median rent of $455.
There are currently 12 properties listed for sale, and no properties listed for rent in Tathra on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Tathra.

Suburb Insights for Tathra 2550

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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.