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Perched on the Eastern Cliff faces of Tathra this new listing is one of just over 20 properties that are located along the famous Tathra Wharf & Kianinny Bay coastal walk.
At 1033 sq mts and Zoned Medium Density, it could be a unit site or a brilliant house site.
Extensive ocean views down the coast line.
Certainly the quieter part of town during the Christmas rush but still close enough to the town centre.
There is an older house at the very top of the block that we currently rent,
creating some income while the important decisions are made about what to build next.
Would you demolish and rebuild a dream home or build some units below and generate an income, could even be a mix of both.
Rental demand is very high as Tathra lacks units and some 2 bedroom units would see income of $450 to $500 a week in today's rental market.
Or build and resell, this location and outlook would generate high buyer demand as we are selling 40 year old units just around for well over $600k
The House at 17 BAY STREET TATHRA, NSW 2550 has been sold 1 time before, with the most recent sale being for $390,000 on 20 December 2004.
17 BAY STREET is located within the suburb of Tathra, which has a population of 1,675, a median age of 52 and an average household density of 2.1 people.