73 Ridge St, Catalina is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 630m2 and floor size of 192m2. While the property is not currently for sale or for rent, it was last sold in January 2024.
Introducing an exceptional opportunity with a stunning outlook that combines steady rental income with potential for future growth.
With the current lease expiring in November 2023, simply move in for summer, or renew the lease with a steady income and reliable tenant.
This two-story home offers an ideal chance to secure a valuable property that promises both immediate returns and long-term profitability. With its strategic location and desirable features, this property is a wise choice for astute investors.
The lower level of this home features a garage and carport, ensuring ample parking space for tenants and their vehicles. Inside, you'll find a comfortable bedroom, a spacious rumpus room, and a dedicated office space. Additionally, a convenient laundry/bathroom combination adds further practicality to this level.
Ascend to the upper level, where three inviting bedrooms await. A well-appointed bathroom caters to the needs of the household. The heart of this home lies in the open plan kitchen, meals, and living area, providing a vibrant and inclusive space for everyday living. This area seamlessly connects to a covered rear deck, offering captivating water outlooks and scenic views, enhancing the overall appeal of the property.
Other Features unique to this property:
? Accessible from the rear deck, the fully fenced backyard provides a secure and private space for outdoor activities.
? Positioned in a sought-after area of Catalina, this investment property offers a strategic location that appeals to tenants and potential buyers alike.
? $570 per week rent until Nov 2023 - possibility to renew as an investment or move in and make it yours.
? 3.3 Km to Batemans Bay CBD.
? 3.1 Km to Club Catalina Golf & Country Club.
? 2.1 km to Batehaven retail precinct.
? 1.6 Km to Batemans Bay High School.
The size of Catalina is approximately 3.9 square kilometres. There are 7 parks, covering nearly 23.0% of the total area. The population of Catalina in 2016 was 2334 people. By 2021 the population was 2522 showing a population growth of 8.0% in the area during that time. The predominant age group in Catalina is 60-69 years. Households in Catalina are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Catalina work in a trades occupation.In 2021, 70.00% of the homes in Catalina were owner-occupied compared with 67.60% in 2016.
Catalina has 1,353 properties. Over the last 5 years, Houses in Catalina have seen a 23.27% increase in median value, while Units have seen a 31.68% increase. As at 30 June 2026:
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