OFF MARKET

38 Edna Drive
Tathra NSW 2550

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 71m2
Land area: 857m2
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Property Details for 38 Edna Dr, Tathra

38 Edna Dr, Tathra is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 857m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
1980
Floor Size
71m2
Land Size
857m2
Local Government
Bega Valley
Lot/Plan
125/DP239956

Last Listing description (September 2021)

Just a short 200 metre stroll to the beach you can now own a block of four residential units all on one title. Comprising a two-storey, three-bedroom, two-bathroom unit with a double lock up garage, plus, three single-level, two-bedroom, one-bathroom units with sunny private north-facing courtyards. The proximity and easy access to the beach guarantees this rock-solid investment as does the full brick construction of this property. With a current return approaching 5% you still have plenty of scope to consider a number of strategic options to profit from this unique property. These are not holiday rentals although that may be an option, currently permanently tenanted.

Exceptional beachside location close coffee shops and artisan bakery
Four full brick beachside units, all on one title, with off-street parking

Unit 4 has three bedrooms two bathrooms & a double lock-up garage
Unit 4 has been recently painted with a brand new floating floor installed
Units 1, 2 & 3 have two bedrooms one bathroom with sunny courtyards
Minor upgrades to 1, 2 & 3 to improve returns may be a strategic option
Amazing opportunity first time offered to the market in twenty-five years
Rates app. $8,160 Block app. 857 m2 with mains power water & sewer
Rental income $60,840.00 PA
We declare agents interest in the property.

Property History for 38 Edna Dr, Tathra, NSW 2550

A timeline of how this property has performed in the market
Last Sold
$1,320,000
07 Oct 2021
  • 07 Oct 2021
    Sold for $1,320,000
  • 29 Jul 2021
    Listed for Sale $1,200,000
  • 30 Nov 1996
    Sold for $300,000
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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 1,210 properties. Over the last 5 years, Houses in Tathra have seen a 56.71% increase in median value, while Units have seen a 86.36% increase. As at 31 August 2024:

  • The median value for Houses in Tathra is $813,651 while the median value for Units is $599,438.
  • Houses have a median rent of $595 while Units have a median rent of $460.
There are currently 14 properties listed for sale, and no properties listed for rent in Tathra on OnTheHouse. According to CoreLogic's data, 27 properties were sold in the past 12 months in Tathra.

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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.