2 West StreetBermagui NSW 2546
Property Details for 2 West St, Bermagui
2 West St, Bermagui is a 20 bedroom, 10 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 4923m2. While the property is not currently for sale or for rent, it was last sold in April 2008.
Last Listing description (April 2024)
Located in the idyllic coastal town of Bermagui on NSW's Sapphire Coast, this exceptional property is a sought-after destination for corporate, leisure, and family travelers alike. The Anchorage Bermagui, perched gracefully on the banks of the Bermagui River, has earned its reputation as one of the finest four-star accommodations in town. This magnificent waterfront property faces north, ensuring breathtaking coastal views that are synonymous with this renowned region.
Out of the 18 units in the apartment complex, a total of 10 units (specifically, numbers 7, 8, and 10 to 17) are available for purchase, while the remaining 6 units are currently leased through the business (available also if desired). These 10 units are thoughtfully designed with 2 bedrooms and 1 bathroom, offering self-contained comfort.
Currently, the property is under management, but there exists a promising opportunity for increased revenue by taking on the role of an owner-operator. The Bermagui region is known for its tightly-held real estate market along the New South Wales South Coast, making this an enticing prospect.
Beyond its accommodations, The Anchorage Bermagui stands out as a preferred choice for fishing clubs and private groups, owing to its practical amenities. These include ample parking for cars and boats, multiple hose-down stations, a walk-in freezer for bait and catch storage, as well as security lighting and CCTV for added peace of mind.
Notably, The Anchorage Bermagui has earned recognition through various accolades, including awards from TripAdvisor and Booking.com. In 2021, it was honored with the prestigious Travelers' Choice award from TripAdvisor, a testament to its status among the top 10 percent of hotels worldwide.
Property History for 2 West St, Bermagui, NSW 2546
- 27 Mar 2024Listed for Sale $3,500,000
- 23 Sep 2023Listed for Sale $4,150,000
- 25 Aug 2022Listed for Sale $4,400,000
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0About Bermagui 2546
The size of Bermagui is approximately 44.4 square kilometres. It has 11 parks covering nearly 54.4% of total area. The population of Bermagui in 2016 was 1536 people. By 2021 the population was 1865 showing a population growth of 21.4% in the area during that time. The predominant age group in Bermagui is 60-69 years. Households in Bermagui are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bermagui work in a trades occupation.In 2021, 74.70% of the homes in Bermagui were owner-occupied compared with 68.80% in 2016.
Bermagui has 1,658 properties. Over the last 5 years, Houses in Bermagui have seen a 39.21% increase in median value, while Units have seen a 36.52% increase. As at 30 April 2026:
- The median value for Houses in Bermagui is $983,146 while the median value for Units is $625,935.
- Houses have a median rent of $580 while Units have a median rent of $435.
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