119 Ocean View Drive, Wamberal

House

Auction Guide $1,950,000

Price

5

Beds

2

Bath

1

Cars

Nestled in one of the most tightly held and highly sought-after locations, this charming modern 1950s coastal cottage offers the perfect blend of character and versatility. Located on a premium 538m² parcel just moments from the golden sands of Wamberal Beach, this property presents a rare opportunity for a wide range of buyers. Whether you're seeking dual income potential, a holiday retreat, or the perfect site to build your dream home, this blue-chip property delivers.

Main Cottage:
The main residence has been tastefully refreshed, retaining its original charm while showcasing a modern facelift. With three bedrooms off the living area, this cottage features an elevated east-facing backyard, capturing cooling sea breezes and sunlight all year round. The fully fenced, private urban-style courtyard adds to the home's appeal, creating a serene and stylish outdoor space.

Granny Flat:
Completely separate with its own private access, the freshly renovated granny flat is a standout feature. Thoughtfully upgraded, it offers endless possibilities for guest accommodation, extended family, or as a proven source of additional income.

Income Potential:
The current owners have achieved exceptional Airbnb success, generating a strong income during peak seasons while keeping the granny flat available throughout the year for family and friends. Financial records are available, and the Airbnb listing – fully booked this Christmas season – can be seamlessly transferred to the new owners.

This property is a rare find in a prime location, offering charm, flexibility, and untapped potential just a short stroll from Wamberal Beach. Don't miss the chance to make this beachside gem your own!

Map of the location

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119 Ocean View Drive Wamberal

Auction time

Sunday 2 March 2025
12:00am
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Specifications

$4,048.42 per year
$1,062.99 per year
538 m2
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