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Once-in-a-Lifetime Opportunity - Two Townhouses DUPLEX on One Title........ Just For Sale
Once-in-a-Lifetime Opportunity - Two Townhouses DUPLEX on One Title........ Just Once-in-a-Lifetime Opportunity - Two Townhouses DUPLEX on One Title........ Just

22 Foam Street, Surfside, NSW, 2536

Once-in-a-Lifetime Opportunity - Two Townhouses DUPLEX on One Title........ Just

Duplex Semi-detached
Type
4
Bedrooms
4
Bathrooms
2
Parkings

Last updated on Friday, April 03, 2026 ( See property details for 22 Foam Street, Surfside, NSW, 2536)

$1,000,000 - $1,050,000

Karen Van Der Stelt - Real Estate Agent - LJ Hooker - Batemans Bay
Karen Van Der Stelt Licensed Real Estate Agent / Auctioneer / Stock & Station Agent
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  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare dual-unit coastal property offering versatile living and income potential just minutes from the beach in Surfside, NSW.

🏡 Property Highlights

  • First time offered in 47 years, showcasing rare opportunity
  • Two self-contained units on one title with no strata fees
  • Prime coastal location just 275m from the beach
  • Fully renovated Unit 1 with modern comforts and water views
  • Long-term tenants in Unit 2 providing immediate income
  • Versatile options for living, holiday letting, or investment

✨ Key Features

  • Balcony
  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Security Screens / Gates
  • Single Storey
  • Waterfront / Views
  • Garage / Secure Parking
  • Ceiling Fans
  • Open-Plan Living

Surfside is a highly sought-after coastal suburb renowned for its pristine beaches, relaxed lifestyle, and convenient access to local shops, cafes, and schools. The area offers excellent walkability, stunning water views, and a strong community atmosphere. Its proximity to Batemans Bay makes it ideal for both holidaymakers and residents seeking a peaceful seaside retreat. With easy access to major transport routes, Surfside combines natural beauty with practical connectivity. This vibrant neighbourhood is perfect for families, investors, and those seeking a relaxed coastal lifestyle.

What are the current rental yields and potential income from this duplex?
The combined rental appraisal for both units ranges from $860 to $1,000 per week, with Unit 2 currently leased at $310 per week and Unit 1 estimated at $550-$600 per week, offering strong income potential.
Are there any planning or development restrictions on this property?
As the property comprises two units on one title with no strata, any future development or renovations should comply with local council regulations. It is advisable to consult with the council for specific planning restrictions.
What are the ongoing costs associated with owning this property?
Annual council rates are approximately $3,479, with water rates included in the rates. Maintenance costs will vary depending on renovations and upkeep of both units.
Is there any history of flooding or bushfire risk in this area?
The property is located in a coastal area with no known flood or bushfire risks; however, it is recommended to review local council maps and reports for detailed risk assessments.
What are the options for future renovations or extensions?
Both units offer scope for renovation and customization, particularly Unit 2, which retains its original character. Future extensions would need to adhere to local planning regulations and approvals.
Are there any hidden costs or upcoming maintenance issues not disclosed? Has the property been inspected for structural integrity or pest issues? Are there any zoning restrictions or easements affecting potential renovations? Is there any history of flooding, bushfire risk, or other environmental hazards? Are there any planned developments or construction projects nearby that could impact the property? What are the terms of the current lease in Unit 2, and is there potential for rent increase? Are there any restrictions or covenants on the property that could limit use or modifications? What are the total costs involved in transferring ownership, including stamp duty and legal fees? Is the property compliant with all local council regulations and building codes? Are there any ongoing strata or community fees, or is this a freehold title?

22 Foam Street, Surfside, NSW, 2536 - More Details

Once-in-a-Lifetime Opportunity - Two Townhouses DUPLEX on One Title........ Just

Opportunities like this are truly rare as hen's teeth. Offered to the market for the very first time in 47 years, this solid brick duplex was proudly built by the vendor and his father in 1978. A testament to quality craftsmanship, it has stood the test of time and presents an exceptional chance to secure two properties on one title (no strata and only one lot of rates). Perfectly positioned just 275m from the beach, 400m to the local IGA and takeaway, and 700m to Batemans Bay Primary School, this townhouse captures the essence of easy coastal living. Spend your mornings by the ocean and, after a swim, rinse off the sand downstairs before retreating to the comfort of your light-filled home. Unit 1 - Fully renovated throughout, Unit 1 offers modern comfort and flexibility for permanent living, holiday stays, or investment - 2 bedrooms plus a study (easily converted into a 3rd bedroom) - Top floor balcony with some water views and access from both bedrooms - Upstairs rumpus with reverse cycle A/C, downstairs living room with stunning wood fireplace - Rear balcony overlooking the generous grassed courtyard with side access - Freshly renovated upstairs bathroom and second bathroom downstairs - Separate laundry - Spacious updated kitchen and dining area - Undercover alfresco entry - Ceiling fans & security doors - Single lock-up garage - Currently vacant and used as the vendor's holiday home - 4 x Security cameras Rental appraisal: $550-$600/wk Holiday let appraisal: Peak Season - $2,940/wk High Season - $2,100/wk Mid Season - $1,750/wk Low Season - $1,400/wk Unit 2 - Unit 2 retains its original character with updates over the years and plenty of scope to renovate at your leisure - 2 bedrooms plus a study (or optional 3rd bedroom) - Top floor balcony with access from both bedrooms - Upstairs rumpus with reverse cycle A/C and rear balcony with some water views over the courtyard - Shared bathroom upstairs, additional bathroom and laundry downstairs with backyard access - Original kitchen with gas upright oven - Security door - Single lock-up garage - Currently tenanted to lovely long-term tenants (9 years) - Lease in place until 6/2/2026 at $310/wk (below market rent, but open for discussion) Why This Property? Two homes on one title (no strata fees) Walk-to-everything location - beach, shops, and school all within 700m Flexible options: live in one, rent the other; holiday let; or hold as a long-term investment First time offered in 47 years - opportunities like this are incredibly rare Only 5mins to Batemans Bay shopping and cafe precinct, marina and foreshore, 2hrs to Canberra and 3.5hrs to Sydney. Whether you're an astute investor, a family seeking a coastal home with income potential, or simply looking for a versatile lifestyle property, this unique duplex offers endless possibilities. Council rates: $3,479/yr (one water meter)
Type
Duplex Semi-detached
Bedrooms
4
Bathrooms
4
Parkings
2

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