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Overview
Welcome to 6 Myamba Parade, Surfside, where you can wake up to the soothing sound of the waves. This remarkable beachfront residence is situated just 22 meters from the shoreline, providing stunning water views from nearly every room on the upper level.
Set on a spacious, level 793sqm low-maintenance block with excellent side access for a boat, caravan, or additional vehicles, this versatile property offers exceptional lifestyle and investment potential. Registered with the Council in 1979 as a dwelling and relatives' flat, the home currently generates a combined permanent rental income of $805 per week, with the potential for increases.
Upstairs - Unit 2 (Beachfront Living with Views):
- Two bedrooms, one featuring a built-in robe and beautiful water views.
- Front and rear decks, ideal for relaxing with a glass of wine while enjoying the ocean waves.
- Light-filled open plan living area with glass sliding doors leading to the balcony.
- Functional kitchen and adjoining dining area.
- Bathroom and separate toilet.
- Currently tenanted on a month-to-month lease at $400 per week (Rental appraisal: $530-$550 per week).
Ground Floor - Unit 1:
- Two bedrooms.
- Comfortable living room.
- Kitchen.
- Single garage with direct internal access.
- External lockable laundry.
- Currently tenanted until 16/03/2027 at $405 per week (Rental appraisal: $480-$500 per week).
Investment Snapshot:
- Combined current rental: $805 per week.
- Council Rates: $4,698 per annum.
Holiday Let Appraisal (Entire Home):
- Peak Season: $3,430 per week.
- High Season: $2,870 per week.
- Mid Season: $2,380 per week.
- Low Season: $1,890 per week.
This property is perfect for astute investors seeking immediate income with tenants already in place or for those dreaming of their own beachfront escape. With some cosmetic upgrades, even stronger rental returns could be achieved.
Imagine family holidays spent here, with children and grandchildren playing on the beach, morning swims, and sunset walks along the shore. This is coastal living at its finest in an idyllic seaside setting.
Conveniently located just 500 meters from the local IGA, only a three-minute drive to the vibrant shopping, café, and marina precinct of Batemans Bay, approximately two hours from Canberra, and around 3.5 hours from Sydney. Do not miss this rare beachfront opportunity.
Note: A minimum of 48 hours' notice is required for all inspections as the property is currently tenanted.
Local Market Insights
In Surfside, Quiet Listings observed 40 new houses entering the market over the last 30 days, down from 57 during the previous 30-day period, with an average advertised asking price of $1,082,125. The property type mix of listed properties is predominantly Houses at 75%, followed by units (15%), and apartments (4%). The most active agency for houses in the Surfside area is currently My Agent, representing 35% of new listings, followed by LJ Hooker with 18%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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
Surfside NSW 2536