2 Waterman StreetOld Bar NSW 2430
Property Details for 2 Waterman St, Old Bar
2 Waterman St, Old Bar is a 2 bedroom, 1 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 2 bedroom House sold in Old Bar in the last 12 months.
Last Listing description (June 2025)
PRIME COMMERCIAL OPPORTUNITY
Located in the heart of Old Bar, 2 Waterman Street is a rare offering combining commercial zoning (E1 - Local Centre), a charming two-bedroom weatherboard cottage, and a fantastic long-term tenant. This property is perfectly positioned to offer both immediate rental income and substantial development potential, making it an outstanding opportunity for savvy investors and business owners.
Key Features:
Land Size: 708sqm* of prime real estate, offering ample space for future development or expansion
Current Property: A cosy two-bedroom weatherboard cottage with a long-term tenant in place, ensuring an instant income stream
Location: Just 150m* to Coles, and only 700m* to the beautiful Main Beach of Old Bar
Development Potential: Ideal for a variety of commercial ventures such as retail, office space, cafe, or mixed-use development (subject to council approval)
Properties in this prime location with E1 - Local Centre zoning are extremely rare, offering unique potential for those with a vision for Old Bar’s future. Whether you're looking to expand your business or capitalize on the development potential, this property is a must-see.
If you're ready to invest in a highly sought-after location, contact us today to learn more about this rare opportunity!
Disclaimer: All information contained therein is gathered from relevant third party sources.
We cannot guarantee or give any warranty about the information provided.
Interested parties must rely solely on their own enquiries.
*Approximate areas, distances, times
Property History for 2 Waterman St, Old Bar, NSW 2430
- 02 Apr 2025Listed for Sale $750,000
- 04 Oct 2018Listed for Rent $280 wk
- 27 Oct 2017Listed for Rent $260 wk
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0About Old Bar 2430
The size of Old Bar is approximately 24.4 square kilometres. It has 11 parks covering nearly 26.6% of total area. The population of Old Bar in 2016 was 4389 people. By 2021 the population was 5126 showing a population growth of 16.8% in the area during that time. The predominant age group in Old Bar is 60-69 years. Households in Old Bar are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Old Bar work in a professional occupation.In 2021, 69.50% of the homes in Old Bar were owner-occupied compared with 67.80% in 2016.
Old Bar has 3,187 properties. Over the last 5 years, Houses in Old Bar have seen a 52.96% increase in median value, while Units have seen a 46.89% increase. As at 30 November 2025:
- The median value for Houses in Old Bar is $824,376 while the median value for Units is $536,715.
- Houses have a median rent of $600 while Units have a median rent of $465.
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