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8 Bluewater Drive NAROOMA, NSW 2546

Bed Icon11 Bedrooms
Bath Icon8 Bathrooms
Car Icon9 Parking
Unimproved value:A$635,000 (2021-2022)Block size:1413
Bed Icon11 Bedrooms
Bath Icon8 Bathrooms
Car Icon9 Parking

Golfer's Lodge Narooma

The Golfers Lodge is in the middle of Narooma, overlooking the famous Narooma Golf Course with amazing ocean views.

Sited on a large 1,416sq m block (zoned R2 Residential) is a 3-story accommodation building plus a separate, second level residence at the rear. All have been upgraded over the last few years - buildings rendered and painted, roof re-sealed and apartments updated in all the accommodation areas.

Currently operated as an accommodation enterprise with a full walk-in walk out business and furnishings. Forward bookings, intellectual property and transfer of business name all included with the transition. Plus, there is the option to utilise a holiday business management company - currently in place.

Property incorporates a 4 bedroom, 2 bathroom Penthouse apartment, occupying the entire top floor – awesome views with excellent living spaces. Currently utilised as the owner/manager residence.

5 x 1-bedroom apartments, 3 of them are found on the mid-section of the building. The office /storage / laundry are also located on the same level. Downstairs is another 2 x 1 bedrooms.
Another 2-bedroom unit is found out the back (7th apartment) above a double auto lock up garage with workshop area / storage with an extra shower and toilet.
A BBQ and entertaining area is provided in the backyard.
Strong accommodation sales with the business running at approx. 85% capacity all year round.

Yearly sales Min. Gross of $225k with lots of room for improvements available, as the Upstairs Penthouse is currently used by existing Owners and its estimated income for that 4 bedroom Unit to be between $60-$80K per year.
Dual access from Bluewater Drive and Bay Lane offers flexibility with access. Carparking is available for all accommodation, including a double lock up garage, 3 carports and 4 open car spots.
Full Business figures available with a signed confidentially agreement.

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Inspections

Additional Features

  • Checkmark IconGarage
  • Checkmark IconOpen Spaces
  • Checkmark IconCarport
  • Checkmark IconWorkshop
  • Checkmark IconStudy
  • Checkmark IconSplit System Air Conditioning
  • Checkmark IconSecure Parking
  • Checkmark IconReverse Cycle Air Conditioning
  • Checkmark IconGarage with Remote
  • Checkmark IconPay-TV
  • Checkmark IconOutdoor Entertainment
  • Checkmark IconDishwasher
  • Checkmark IconDeck
  • Checkmark IconCourtyard
  • Checkmark IconBuilt-in Robes
  • Checkmark IconBroadband
  • Checkmark IconBalcony
  • Checkmark IconAir Conditioning

Information about this Block of Units

  • Listed on
  • Last updated
  • Property typeBlock of Units
  • Block size1413m² (approx)
  • Bedrooms11
  • Bathrooms8
  • Parking spaces9
  • Land valueA$635,000 (2021)
  • Stamp dutyA$216,202
  • RatesA$3,269
  • Land taxA$4,981 if rented
* Figures quoted above are approximate values based on available information.

Sales History for 8 Bluewater Drive NAROOMA, NSW 2546

The Blockofunits at 8 Bluewater Drive NAROOMA, NSW 2546 has been sold 1 time before, with the most recent sale being for $1,100,000 on 14 March 2008.

Sold DatePrice
A$1,100,000
Sold Date
PriceA$1,100,000
view full sales history for 8 Bluewater Drive

Local Neighbourhood

8 Bluewater Drive NAROOMA, NSW 2546 has 2 schools within 5 kilometres, with the closest being Narooma Public School.

DistanceSchoolAddress
0.16 kmNarooma Public School7 Montague St, Narooma 2546Pin Icon
2.12 kmNarooma High SchoolPrinces Hwy, Narooma 2546Pin Icon

About Narooma

8 Bluewater Drive is located within the suburb of Narooma, which has a population of 2,605, a median age of 57 and an average household density of 1.9 people.

  • 2605Population
  • 57Median Age
  • 1.9Avg. 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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