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2 Reservoir Street TATHRA, NSW 2550

Auction 14/08/2021Calculate Repayments
Bed Icon4 Bedrooms
Bath Icon3 Bathrooms
Car Icon2 Parking
Unimproved value:A$261,000 (2020)
Bed Icon4 Bedrooms
Bath Icon3 Bathrooms
Car Icon2 Parking

AUCTION - Rare Tathra Investment Property

It's nearly impossible to buy into Tathra now and rentals are so scarce... This property has it all!

The main residence has 3 bedrooms, 2 bathrooms and 2 living areas, is flooded with northern sun and boasts a fabulous, covered and enclosable outdoor entertaining deck overlooking the reserve.
In addition, there is the stylish 1 bedroom SC unit which has its own entrance and courtyard at street level.
Currently with permanent tenants, these areas could also become teenage retreats, home offices, AirBnB accommodation...the possibilities are many. With the addition of a large double lock up garage and rear access to the block, it's a winner.

Currently returning $760 per week ($39,520 gross pa) as a permanent rental, this property could earn you around 4-5% on your investment.
This excellently located property can be continued as a permanent rental option or ...
... imagine yourself living in the upstairs, sunny, 2 bedroom apartment, whilst earning an extra $400pw plus with the other rental options.
The large double garage/shed has drive through access for boats or caravans and there are also 2 x 5000L water tanks and 1.5kva solar system to offset costs...this property is really worth serious consideration and has been designed for low maintenance and running costs.

We have an enviable lifestyle here in Tathra; walking distance to beautiful Tathra Beach and Kianinny Bay; pristine National Parks, great cafes and restaurants, the iconic Tathra Pub, Golf, tennis, bowls and the famous Tathra Beach Mountain Bike Tracks . We also have a chemist, post office, 2 supermarkets, butcher, newsagent, Bike and Surf shop, retail, great op shop and a wonderful local primary school and preschool. There are also school buses for the huge range of other primary and high school options in the district.

Tathra living is the jewel of the Bega Valley; only 20 minutes to Bega CBD, Bega Regional Hospital and Merimbula and the Regional Airport, with all the best of coastal living.

With the current rental shortage, this property is a great entry opportunity into Tathra as an investor and/or owner occupier.

Open houses will be on 4 consecutive Saturdays on Saturday 17th July, 24th July, 31st July, 7th August and 14th August from 11am - 11.30am.
The property will be auctioned onsite on Saturday 14th August at 11.30am UNLESS SOLD PRIOR.
Genuine offers before auction will be considered.

Open house inspections will be subject to any and all relevant restrictions imposed by the State Government. We suggest buyers check with the various Government websites to ensure that attendance is possible.

Please contact us for an information package and for any questions regarding this great opportunity.

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Auction Details

Auction on

Inspections

2 Reservoir Street TATHRA, NSW 2550 has 2 current open for inspections scheduled, with the next inspection being Saturday August 7 from 11:00am.

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Additional Features

  • Checkmark IconEnsuite
  • Checkmark IconGarage
  • Checkmark IconLiving Areas

Information about this House

  • Listed on
  • Last updated
  • Property typeHouse
  • Bedrooms4
  • Bathrooms3
  • Parking spaces2
  • Land valueA$261,000 (2020)
  • RatesA$2,036
  • Land taxA$2,556 if rented
* Figures quoted above are approximate values based on available information.

Sales History for 2 Reservoir Street TATHRA, NSW 2550

The House at 2 Reservoir Street TATHRA, NSW 2550 has been sold 1 time before, with the most recent sale being for $260,000 on 10 September 2004.

Sold DatePrice
A$260,000
Sold Date
PriceA$260,000
view full sales history for 2 Reservoir Street

Local Neighbourhood

DistanceSchoolAddress
0.60 kmTathra Public SchoolBega St, Tathra 2550Pin Icon

About Tathra

2 Reservoir 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.

  • 1675Population
  • 52Median Age
  • 2.1Avg. Household Size
Median Sale Price

Household Composition

Established Families
Couples
Single Parent Families
Single
Group Household

Dwelling Types

Houses
Apartments
Semi-Detached
Other

Occupancy Types

Owned w/ Mortgage
Owned Outright
Rented Privately

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Tathra

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Far South Coast

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