4/692-696 Beach Rd, Surf Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 2901m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
This single-level unit sounds like a fantastic investment opportunity! Having a reliable long-term tenant already in place certainly simplifies things for the new owner, providing a steady stream of income without the hassle of finding and managing tenants.
The unit's proximity to Wimbie Beach and Surf Beach makes it attractive to renters seeking a coastal lifestyle, while its practical layout and low-maintenance yard cater to a variety of tenants, from downsizers to small families or first-time buyers.
With essential amenities within walking distance and Batemans Bay's CBD just a short drive away, the location offers both convenience and potential for future growth in value. Plus, the added bonus of a lockup storage in the carport adds to the unit's appeal.
Overall, this seems like a straightforward investment opportunity with plenty of potential for a solid return and future appreciation in value.
Particulars:
Council rates: $2,589.16 p.a.
Strata Fees: $1,044 p.q.
Constructed: 1985
Features:
- Open plan kitchen & lounge
- Updated carpets & Electric upright stove and cooktop
- Dishwasher
- Built in robes in main bedroom
- Internal laundry
- Fully fenced rear courtyard
- Split system air conditioner
- Single covered carport with lock up storage
- Electric hot water
- Linen cupboard
- short distance to Surf Beach, Wimbie Beach, and local shopping centre - Sunshine Bay Public School 2.3km
The size of Surf Beach is approximately 4.4 square kilometres. There are 7 parks, covering nearly 5.9% of the total area. The population of Surf Beach in 2016 was 1874 people. By 2021 the population was 1934 showing a population growth of 3.2% in the area during that time. The predominant age group in Surf Beach is 60-69 years. Households in Surf Beach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Surf Beach work in a professional occupation.In 2021, 68.10% of the homes in Surf Beach were owner-occupied compared with 65.40% in 2016.
Surf Beach has 1,475 properties. Over the last 5 years, Houses in Surf Beach have seen a 43.01% increase in median value, while Units have seen a 26.73% increase. As at 31 May 2026:
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