1621 Ocean DriveLake Cathie NSW 2445
Property Details for 1621 Ocean Dr, Lake Cathie
Last Listing description (March 2019)
'Ocean View Tourist Park' offers a rare opportunity to secure a magnificent, in town, ocean view development/business venture (Zone:2 (a1) Residential). Boasting a 2449m2 block with sweeping Ocean views under 100m to the local shops, (Woolworths, Cafe, Tavern, Bakery, Post Office etc) in one direction and the lake 100m in the other, this property is a landmark location in one of the biggest growth area's on the Mid North Coast.
The park consists of a recently renovated 3 bedroom manager's residence plus 14 self-contained cabins, a camp kitchen/games room with BBQ area & amenities with a coin operated laundry facility. The current owner's are a husband and wife team who have been running the park for 11 years and are now looking forward to retirement. The beauty of having a 'cabin only park' means that 2 people can manage the bookings for most of the year, with the occasional assistance of a casual cleaner during busy periods. They have always specialised in gearing the accommodation toward the seniors market and have many return clients who have been holidaying for many years. The park is well advertised via the park website which generates the majority of bookings, but having a monthly advert in the Seniors publication along with the word of mouth promotes the park wonderfully. Fantastic income figures are available on request.
If you have been looking for that 'sea change', a change of pace from the city, a job change before retirement, or a chance to have your own business now with a view to developing the site in the future? (STCA Zone: 2(a1) Residential) Then this could be it! Do not delay......Phone me today for more information.
DISCLAIMER: Whilst every care has been taken in respect of the information contained herein, no warranty is given as to its accuracy and prospective purchasers should make and rely on their own enquiries.
Property History for 1621 Ocean Dr, Lake Cathie, NSW 2445
- 25 May 2023Listed for Sale $3,800,000
- 25 Jan 2019Sold for $1,501,000
- 22 Dec 2017Listed for Sale Price Guide $1,500,000
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0About Lake Cathie 2445
The size of Lake Cathie is approximately 18.4 square kilometres. There are 6 parks, covering nearly 50.6% of the total area. The population of Lake Cathie in 2016 was 3494 people. By 2021 the population was 4296 showing a population growth of 23.0% in the area during that time. The predominant age group in Lake Cathie is 70-79 years. Households in Lake Cathie are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lake Cathie work in a professional occupation.In 2021, 78.90% of the homes in Lake Cathie were owner-occupied compared with 78.20% in 2016.
Lake Cathie has 2,688 properties. Over the last 5 years, Houses in Lake Cathie have seen a 23.43% increase in median value, while Units have seen a 32.12% increase. As at 31 August 2026:
- The median value for Houses in Lake Cathie is $1,030,476 while the median value for Units is $677,547.
- Houses have a median rent of $700 while Units have a median rent of $550.
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