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38 Wallace Street, Scotts Head NSW 2447

$1,250,000 - $1,275,000.

Search Band Search Visibility Band

$1.25M - $1.31M Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 2 Baths 2 Cars 629 m²

Listed: yesterday

Overview

Located in the charming seaside village of Scotts Head, this property seamlessly blends lifestyle and investment potential. Its prime location offers easy access to the beach, local clubs, shops, cafes, and eateries, making it an inviting destination for residents and guests alike.

This versatile home currently functions as a successful Bed & Breakfast, accommodating up to 12 guests and generating an estimated annual income of $45,000. This established cash flow adds considerable appeal for investors seeking an income-producing coastal asset with room for future growth and adaptations.

Beyond its investment credentials, the residence offers a flexible living arrangement ideal for families needing separate quarters for in-laws or extended family. This adaptability supports a range of lifestyles—from comfortable family living to hosting paying visitors, enhancing the property's utility and value.

Set on a roughly 629 square meter fully fenced land, the home features four bedrooms, two bathrooms, and two car parking spaces, along with desirable amenities like air conditioning, built-in robes, a rumpus room, courtyard, and outdoor entertaining areas. These features support both relaxed coastal living and effective property management for guests.

Overall, this property stands as a unique opportunity in a sought-after locale, inviting buyers to capitalize on its income potential and coastal lifestyle advantages, whether for personal use or investment purposes.

Local Market Insights

In Scotts Head, Quiet Listings observed 16 new houses entering the market over the last 30 days, up from 8 during the previous 30-day period, with an average advertised asking price of $1,133,500. The property type mix of listed properties is predominantly Houses at 53%, followed by land (47%). The most active agency for houses in the Scotts Head area is currently NAMBUCCA VALLEY PROPERTY, representing 31% of new listings, followed by McGrath Estate Agents with 31%. 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.