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Back 64 Ocean St
Off Market

64 Ocean St

Mollymook NSW 2539

1
1
198 m²
620 m²
Other
Last sold for $2,090,000
Ben PrydeBen Pryde, last sold this property on 02 October 2025 after 14 days on market.

Overview

Prime Coastal Investment with Development Potential

Just over 100 metres from the golden sands of Mollymook Beach, this blue-chip property presents a rare and exciting opportunity for savvy investors, developers, and land bankers alike. Currently home to the Mollymook Newsagency, the property is securely leased until December 2031 (including options), generating a passive income of $27,740.66 per annum. However, the real value lies in the land and the MU1 Mixed Use zoning - offering a canvas for future mixed-use or shop-top housing development (subject to council approval) in one of the South Coast's most sought-after beachside suburbs. Picture luxurious north facing apartments and with a commercial component. * North facing with ocean and beach views * Just 100m from Mollymook Beach * Zoned MU1 Mixed Use - supports both commercial & residential uses * 619.7m² block with dual street access * Approx. 200m² of floor area including shop front and old dwelling * 11m height limit - development potential (STCA) * Land value: $2,300,000 (Valuer General, as of 1 July 2024) Walk to Mollymook Golf Club, cafes, restaurants, beachside golf course & more. With a secure lease in place, this is a strategic acquisition for those looking to capitalise on future redevelopment potential in a tightly held coastal location.

Features

1 bedroom
1 bathroom
198 m² floor area
620 m² lot size
Other

Estimated Value

We need at least 3 similar 1 bedroom other properties sold in Mollymook over the last 12 months.

Property history for 64 Ocean St

2025
Sold
$2,090,000
02 Oct 2025 by Ben Pryde, of Raine & Horne Ulladulla
2017
Sold
$1,100,000
Private Sale/Treaty on 27 Jan 2017 by Mark Tooth, of Belle Property Glebe

Happy sellers in Mollymook

63%
63% of sellers in Mollymook reported that their sale price either exceeded or met their price expectations.

Mollymook stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Mollymook over the last 12 months.

Local market activity for 1 bedroom other properties in Mollymook

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mollymook

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Kate Wise

Kate Wise is an award winning recommended agent for Mollymook.  They have 6 local sales and collected 5 local reviews across the last 12 months.

  •   5   (388 reviews)
  •  5 Reviews in Mollymook
  •  6 Sales in Mollymook
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Craig Cooper

Sellers who recommend Craig Cooper have praised them for being clear communication, local expert, responsive, dedicated, honest, friendly and enthusiastic

  •   4.9   (349 reviews)
  •  4 Reviews in Mollymook
  •  5 Sales in Mollymook
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Jonathan Free

Jonathan Free is a recommended agent for Mollymook.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (4 reviews)
  •  2 Reviews in Mollymook
  •  3 Sales in Mollymook
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Paul McDonald

Sellers who recommend Paul McDonald have praised them for being clear communication, honest, pleasant, local expert, hard-working and responsive

  •   5   (44 reviews)
  •  2 Reviews in Mollymook
  •  1 Sale in Mollymook
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