2 Dolphin Ave, Batemans Bay NSW 2536, Australia

Here it is all about location. Positioned on the waterside of Beach Road (a rare find in itself), this unique property is just a 600m flat stroll to the break wall, home to some of Batemans Bay’s best fishing, and from there it’s straight onto the sands of the beach. No car, no fuss, just beach days on demand.

Also located directly opposite the championship Catalina Golf Course and restaurants and surrounded by upcoming multi-million-dollar developments, the potential here is undeniable. The University of Wollongong campus, Batemans Bay Library, tennis courts, Marina, sporting fields, and function centres are immediately adjacent, while the town centre lies just 2km along the waterfront, a scenic and easy flat walk or cycle.

In this tightly held enclave known as Hanging Rock (just four streets of coveted real estate) sits a home that combines charm, character, and versatility. The main residence is a Cape Cod inspired home accessed from Dolphin Avenue and offers spacious high ceilings downstairs and unique pitched levels upstairs and a bright beachy feel throughout. The ground floor features open living, and the main bedroom with two-way bathroom. There is also the second living area via the sunroom, and generous outdoor entertaining. Upstairs, three further bedrooms and a bathroom provide plenty of space. This main home features wonderful long-term tenants already in place for immediate income, and they would love to stay on.

Adding extraordinary value is the freestanding double garage, accessed separately from Catlin Avenue, currently converted into a one-bedroom studio. With its own fenced yard and private, double gated entry, this versatile space has been everything from a yoga studio to a holiday escape, and an art studio with the potential to rent – or could simply provide dual incomes while you plan for future development.

Two street frontages, two dwellings, multiple options. Whether you’re seeking a lifestyle home with income, a land bank for future growth, or a property with genuine multi-use potential, this is a rare opportunity in one of the Bay’s most tightly held pockets.