22 Foam Street Surfside NSW 2536

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)