OFF MARKET

74 The Esplanade
Cape Woolamai VIC 3925

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 662m2
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Property Details for 74 The Esplanade, Cape Woolamai

74 The Esplanade, Cape Woolamai is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2002. The property has a land size of 662m2. While the property is not currently for sale or for rent, it was last sold in July 2016.

Building Type
House
Year Built
2002
Land Size
662m2
Local Government
Bass Coast
Lot/Plan
1200/LP144257

Last Listing description (February 2017)

You can have best of both worlds as escaping to the country seaside has never been more appealing than when it comes to the pristine coastline of Cape Woolamai on the beautiful Phillip Island. Commanding a front row seat on the The Esplanade and orientated to North North-East, this captivating 4 bedroom, 2 bathroom home was carefully designed to take advantage of all of its natural surrounding views.
Entering the home you are welcomed into the large open plan living & dining room that adjoin the well-appointed kitchen all with polished wooden floorboards in a rich dark hue, where soaring ceilings and bold feature walls allow the feeling of space and light.
The generous kitchen features 2x 'Kleenmaid' side-by-side stainless-steel ovens, 900mm 5 burner gas cooktop with rangehood, 'LG' ss dishwasher, island bench with breakfast bar and convenient hide-away appliance cupboard. Being in the kitchen you still feel connected to everything with the dining area and the large family room close by (both serviced with reverse-cycle air-conditioning) and a view to the outdoor entertaining area so you can still be part of the conversation!

Temptation is working overtime when it comes to the master suite including a massive open plan bedroom with parents retreat with split-system air-con plus walk-in-robe and large ensuite with frameless shower and separate spa bath with views - all located on the top floor with windows cleverly positioned on all walls so it achieves both a tranquil tree view and multiple ocean sights.
A further three carpeted bedrooms all with built-in-robes are zoned downstairs, with one being a practical mezzanine design to allow for the ultimate in bunk beds or a private play area. All are serviced by the family bathroom with separate shower with detachable shower head and separate bath.
Whether entertaining for a party or just the family, you can do it in style either on the downstairs outdoor deck with feature BBQ gazebo (boasting posts from the old San Remo bridge) and surrounding manicured gardens (with irrigation system) or enjoy the water views from the upstairs balcony.
Allocation for vehicles is well catered for with a remote over-sized double garage with internal access, plus a side gate to allow for boat, caravan and/or trailer access & storage perfect for when holiday making or ready for your next adventure.
They location is of the upmost importance and 74 The Esplanade is in a prime locale with Cleland Blight and Cape Woolamai surf beach literally across the road with lifesaving club also nearby (manned in the summer) - and don't worry about trekking sand back through the house as the property also has an outdoor shower. The general store is 2 streets away and the shopping precinct of Cowes and San Remo are only a 15 min approx drive away, and public transport is also close at hand.
A sensational executive permanent residence but with the bonus option of fantastic Holiday Rental yields with rates approximately:
- $3,500 for peak weeks (example for Grand Prix & Tough Mudder)
- $6,200 for 2 weeks in high season (Dec/Jan)
- $860 for 2 night stay in high season (Dec/Jan)
- $1,780 for Easter Weekend stay
- Off-peak @ $860 per weekend / $3,100 per week / $6,200 for 2 weeks
Other features of note: Built in 2002, surround sound in the downstairs living area, easy access from the oversized garage through to kitchen via the generous laundry to bring in the groceries, sewerage is connected, LPG gas bottle connectivity, large under-house storage and all on around 22sq of living!

Property History for 74 The Esplanade, Cape Woolamai, VIC 3925

A timeline of how this property has performed in the market
Last Sold
$870,000
02 Jul 2016
  • 02 Jul 2016
    Sold for $870,000
  • 16 May 2016
    Listed for Sale Offers over $870,000
  • 23 Dec 2014
    Sold for $437,500
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About Cape Woolamai 3925

The size of Cape Woolamai is approximately 6 square kilometres. It has 1 park covering nearly 69.5% of total area. The population of Cape Woolamai in 2011 was 1,549 people. By 2016 the population was 1,688 showing a population growth of 9.0% in the area during that time. The predominant age group in Cape Woolamai is 40-49 years. Households in Cape Woolamai are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cape Woolamai work in a trades occupation. In 2011, 76.8% of the homes in Cape Woolamai were owner-occupied compared with 75.2% in 2016.

Cape Woolamai has 1,985 properties. Over the last 5 years, Houses in Cape Woolamai have seen a 62.75% increase in median value, while Units have seen a 56.58% increase. As at 31 July 2024:

  • The median value for Houses in Cape Woolamai is $750,453 while the median value for Units is $606,419.
  • Houses have a median rent of $455 while Units have a median rent of $325.
There are currently 11 properties listed for sale, and 2 properties listed for rent in Cape woolamai on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Cape woolamai.

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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.