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Overview
31 Bega Street, Tathra, NSW, 2550
This unique property opportunity in Tathra offers a comprehensive package that appeals to discerning buyers seeking a blend of development potential, income generation, and prime location.
The property benefits from advantageous zoning, allowing for significant further development possibilities. Currently, it generates a substantial weekly income of $930, derived from two separate dwellings. Both dwellings are rented to reliable tenants who are eager to continue their leases, providing a steady income stream that can assist with mortgage payments. For buyers preferring vacant possession, arrangements can be made as tenants will soon be on continuing leases, offering flexibility.
Location is a key highlight of this property. Situated on the main road into Tathra, it offers excellent accessibility and visibility, making it an attractive investment or family home. The block size is generous at 1,017 square meters, providing ample space for outdoor activities, landscaping, or future development. A notable feature is the improving ocean views as you move further down the block, enhancing the property's appeal and potential value.
The property comprises two dwellings, each contributing to the overall income and versatility of the site. This setup is ideal for investors seeking immediate returns or families desiring multi-generational living arrangements.
Additional features include five bedrooms and two bathrooms, accommodating larger families comfortably. The property also offers two open car spaces, catering to parking needs.
Overall, this property presents a rare combination of immediate income, development potential, and an enviable location with scenic views, making it a compelling choice for buyers looking to invest or settle in Tathra.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Tathra NSW 2550
Market Insights for Tathra NSW 2550
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