8 Ocean View DriveWamberal NSW 2260
Property Details for 8 Ocean View Dr, Wamberal
8 Ocean View Dr, Wamberal is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 722m2 and floor size of 192m2. While the property is not currently for sale or for rent, it was last sold in January 2018.
Last Listing description (October 2018)
One of the most rare offerings along the prestigious beach side stretch of Wamberal/Terrigal. Located on the glistening Lagoon front with picturesque views this mixed use property offers a combination of two self-contained flats and a very popular restaurant (business not for sale). An outstanding opportunity for astute investors or future re-development opportunities.
- Restaurant currently operating under 10 year lease
- Prime location, easy building block, mixed opportunity
- Two x 2 bedroom flats currently leased, easy access to rear
- Scope to keep restaurant and build in rear of property (STCA)
- Very popular restaurant, consistent long term tenant
- Wide street frontage, deep block, direct waterfront
- All day sun, surrounded by prime real estate, desirable backdrop
- Across the road from the beach, level walk to sand
- Stroll to Terrigal center, cafes, restaurants, local bars
- Unlimited potential, quality tenant, 90 minutes to Sydney
Property History for 8 Ocean View Dr, Wamberal, NSW 2260
- 15 Jan 2018Sold for $1,800,000
- 06 Dec 2017Listed for Sale For Sale, Price guide on request
- 26 Sep 2006Sold for $1,320,000
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About Wamberal 2260
The size of Wamberal is approximately 8.8 square kilometres. It has 17 parks covering nearly 26.8% of total area. The population of Wamberal in 2011 was 6,298 people. By 2016 the population was 6,541 showing a population growth of 3.9% in the area during that time. The predominant age group in Wamberal is 40-49 years. Households in Wamberal are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wamberal work in a professional occupation. In 2011, 77.2% of the homes in Wamberal were owner-occupied compared with 79.2% in 2016.
Wamberal has 3,004 properties. Over the last 5 years, Houses in Wamberal have seen a 60.14% increase in median value, while Units have seen a 60.25% increase. As at 31 October 2024:
- The median value for Houses in Wamberal is $1,530,607 while the median value for Units is $1,025,974.
- Houses have a median rent of $800 while Units have a median rent of $600.
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