1 Ocean View DriveWamberal NSW 2260
Property Details for 1 Ocean View Dr, Wamberal
Last Listing description (March 2023)
Savills Hotels are pleased to present to market 1 Ocean View Drive, Wamberal. This premium offering sits on the edge of the famous Terrigal Beach and is also strategically located along the major thoroughfare of Sydney's central coast. This once in a lifetime acquisition spans across five (5) titles, and is suitable for any astute Hotel/Motel Owner and Owner Operator, and or developer.
Being one of Sydney's most desirable gateway locations, Terrigal is a coastal town in the Central Coast of New South Wales. Located just an hour drive from Sydney via the M1, Terrigal is the heart of the Central Coast LGA and is a well-known attractive holiday destination.
Key investment highlights:
- 32 self-contained and well-presented hotels rooms + Four (4) bedroom cottage
- Significant site area of 3,389sq m*
- Favourable R2 Low Density Residential zoning
- Ability to reconvert into a residential development scheme sitting on 5 lots
- Ideally positioned a short hour drive out of Sydney
The asset will be offered for sale via Private Treaty.
For further details on the offering, please contact the exclusive sales agents listed below.
*Approx.
Property History for 1 Ocean View Dr, Wamberal, NSW 2260
- 08 Nov 2022Listed for Sale Contact Agent
- 05 Mar 2004Sold for $5,449,793
- 30 Oct 1996Sold for $2,780,000
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About Wamberal 2260
The size of Wamberal is approximately 8.8 square kilometres. There are 17 parks, covering nearly 26.8% of the total area. The population of Wamberal in 2016 was 6550 people. By 2021 the population was 6991 showing a population growth of 6.7% in the area during that time. The predominant age group in Wamberal is 10-19 years. Households in Wamberal are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Wamberal work in a professional occupation.In 2021, 79.70% of the homes in Wamberal were owner-occupied compared with 79.20% in 2016.
Wamberal has 3,030 properties. Over the last 5 years, Houses in Wamberal have seen a 10.96% increase in median value, while Units have seen a 18.86% increase. As at 31 August 2026:
- The median value for Houses in Wamberal is $1,651,322 while the median value for Units is $1,075,186.
- Houses have a median rent of $850 while Units have a median rent of $750.
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