27 Lewis StreetOld Bar NSW 2430
Property Details for 27 Lewis St, Old Bar
27 Lewis St, Old Bar is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 1620m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (May 2026)
Positioned in a tightly held coastal pocket of Old Bar, this 1,620m landholding presents a rare opportunity to secure a multi-title site with immediate holding income and genuine development flexibility.
Comprising three separate titles, the property removes the time, cost, and uncertainty typically associated with subdivision, allowing purchasers to move directly into planning or staged development.
Existing Improvements & Income
- 1 x 3-bedroom unit
- 1 x 2-bedroom unit
- Single dwelling split into dual accommodation
- Suitable for dual income, extended family living, or short-term holding strategy
- Ability to generate income while development plans are finalised
This setup provides a practical holding position, allowing flexibility to retain income while unlocking the value of the additional titles.
Site Breakdown & Configuration
- Approx. 1,620m total landholding
- Three individual titles already registered
- Level and usable land with efficient development potential
- Flexibility to treat each lot as an independent asset
Development & Strategy Options (STCA)
- Develop across all three lots for maximum return
- Stage construction to manage risk and cash flow
- Build and sell individual dwellings into a strong coastal market
- Sell down one or more titles to reduce capital exposure
- Retain completed dwellings for ongoing rental income
- Landbank with holding income in place
Developer Advantages
- No subdivision required immediate project readiness
- Reduced approval risk and holding time
- Existing improvements provide income + flexibility
- Multiple exit strategies across three titles
- Suitable for builders, developers, and investors
Location & Market Fundamentals
- Established coastal township with consistent buyer demand
- Strong appeal to owner-occupiers, investors, and downsizers
- Limited supply of multi-title opportunities in established areas
- Close proximity to beach, local shops, and essential amenities
The Opportunity
This is a rare coastal offering combining three titles, existing income, and flexible development pathways allowing you to secure a site today while planning and executing future upside.
Contact us to obtain the full Information Memorandum, including title details, site configuration, and development considerations. Opportunities of this scale and flexibility are rarely available.
*Please note that while every effort has been made to accurately represent the features and amenities of the property described in this advert. Prospective buyers are encouraged to conduct their own inspections and assessments to verify the details provided. We do not guarantee the accuracy or completeness of the information presented herein.
Property History for 27 Lewis St, Old Bar, NSW 2430
- 03 Mar 2026Listed for Sale Contact Agent
- 27 Oct 2021Sold for $1,380,000
- 30 Sep 2021Listed for Sale Auction
Recent sales nearby
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0About Old Bar 2430
The size of Old Bar is approximately 24.4 square kilometres. There are 11 parks, covering nearly 26.6% of the 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 3,199 properties. Over the last 5 years, Houses in Old Bar have seen a 45.17% increase in median value, while Units have seen a 33.83% increase. As at 30 April 2026:
- The median value for Houses in Old Bar is $844,188 while the median value for Units is $518,262.
- Houses have a median rent of $620 while Units have a median rent of $490.
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