Unit 1/96 Waterman Street, Old Bar, NSW 2430

$515,000 - $560,000

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Published on Thursday, June 11, 2026 ( See property details for Unit 1/96 Waterman Street, Old Bar, NSW 2430)

$515,000 - $560,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A charming, low-maintenance duplex in Old Bar offering coastal lifestyle, investment potential, and a private backyard with scenic reserve views.

🏡 Property Highlights

  • Prime coastal location just moments from Old Bar's pristine beaches
  • Well-maintained brick and tile duplex offering low-maintenance living
  • Currently leased with a secure income stream until January 2027
  • Private, fully-fenced backyard with scenic reserve views
  • Potential for future rental growth to approximately $480 per week
  • Ideal for investors, first home buyers, and lifestyle seekers

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Single Storey
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Old Bar is renowned for its pristine beaches, welcoming community atmosphere, and relaxed coastal lifestyle. It offers easy access to shops, cafes, medical facilities, parks, and recreational activities, making it ideal for families, retirees, and investors seeking a vibrant seaside community. The area combines natural beauty with convenience, all within a short drive to Taree and other regional hubs.

What is the condition of the property and are there any recent renovations?
The property is well-maintained with original features such as timber flooring and timber-framed windows, offering a charming and functional living space with no recent major renovations noted.
What are the ongoing costs associated with this property?
Ongoing costs include council rates, water charges, and maintenance of the property and garden. Specific details should be confirmed with the current owner or agent.
Is the property suitable for pets?
Yes, the fully-fenced backyard makes it pet-friendly, providing a safe outdoor space for animals.
What are the zoning and planning restrictions for this property?
The property is situated in a residential zone within Old Bar, with no known restrictions affecting its current use. For detailed zoning information, consult the local council.
Are there any upcoming developments or planning activities in the area?
Current information does not indicate any major upcoming developments; however, prospective buyers should verify with local planning authorities.
Are there any hidden costs or upcoming maintenance issues not disclosed? Has the property been inspected for structural defects or pest issues? Are there any easements, covenants, or zoning restrictions affecting the property? Is the property located in a flood or bushfire-prone area? Are there any planned developments or construction nearby that could impact the property’s value or lifestyle? What are the strata or community management fees, if applicable? Are there any restrictions on pet ownership or outdoor modifications? Has the property been tested for asbestos or other hazardous materials? Are there any outstanding council or water rates? Is the current lease compliant with all rental regulations and what are the terms?

Unit 1/96 Waterman Street, Old Bar, NSW 2430 - More Details

$515,000 - $560,000

Positioned moments from the heart of Old Bar, this well-maintained
brick and tile duplex presents an outstanding opportunity for
investors, first home buyers, and those seeking a relaxed coastal
lifestyle. Offering comfort, convenience, and future potential, this
charming property provides an affordable entry into one of the Mid North Coast's most sought-after, seaside communities.

Renowned for its pristine beaches, welcoming community
atmosphere, and laid-back lifestyle, Old Bar offers the perfect blend
of coastal charm and everyday convenience. Enjoy morning walks
along the shoreline, coffee at a local cafe, and easy access to
shops, medical facilities, clubs, and parks, all while being only a
short drive from Taree. It's easy to see why so many buyers are
choosing to call Old Bar home.

Inside, beautiful timber flooring flows throughout the home, creating
a warm and inviting feel, while timber-framed windows add
character and charm. The practical floor plan comprises two
comfortable bedrooms, including a main bedroom complete with a
built-in robe.

The centrally located bathroom is tiled and features a shower,
bathtub, vanity, and toilet, while the functional kitchen offers ample
storage, a freestanding oven and cooktop. A tiled laundry with sink,
internal access to the single lock-up garage, and direct outdoor
access further enhance the home's practicality.

Outside, a large, private, fully-fenced backyard provides plenty of
room for children and pets to play, space for a thriving garden, or
simply a peaceful setting to relax and enjoy the view of the beautiful
reserve bordering the fence.

Currently leased at $360 per week until 7 January 2027, the
property offers a secure income stream from day one. With an
estimated future rental return of approximately $480 per week, it
also presents an excellent opportunity for investors to maximise
their returns and capitalise on strong rental demand within the area.

Combining low-maintenance living with lifestyle appeal and
investment potential, this neat and tidy duplex is an opportunity
ready to be snapped up.

For more information or to arrange an inspection, contact Sacha
Fraser on 0431 183 617 or Jade Hush on 0481 764 063.

Disclaimer: All information provided has been sourced from relevant third-party providers. While we strive for accuracy, we do not guarantee its correctness and make no warranties regarding the information supplied. Interested parties are advised to conduct their own investigations.




Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1

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