2901 The Lakes Way, Bungwahl is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 102857m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Situated on the shores of beautiful Smiths Lake, just over an hour north of Newcastle, is this one-of-a-kind property, offered for the very first time.
With the land extending up towards the mountains, the 11.1ha property (approx 27 acres) offers an enviable lifestyle with waterfront and ocean access just over the road, and roughly an equal mix of native wetlands and bush, abundant with birds and other wildlife.
The acreage features a fisherman's cottage by the water's edge blending with the natural surrounds yet offering a relaxed country feel combined with river views and ocean sounds. The home is completely livable, with water and NBN connected, however opportunities are endless here with the option to create your own stunning visionary masterpiece.
If living off the grid also appeals, see what this property has to offer!
Features include:
- Sprawling rural lifestyle opportunity set amongst the native bushland, just 30 minutes from Forster and just over an hour north of Newcastle
- 11.1 Hectares, NBN and plus additional tanks for water
- Cabin is set up for electricity to be connected
- Acres of cleared land with an existing cottage, plus huge shed, slightly elevated to capture the cool water breezes
- The cottage features raked ceilings, two bedrooms, main bathroom, open plan living and dining areas and fully enclosed balcony
- Sealed road access, approx. 2kms to Bungwahl for all your convenience needs
- Zoned RU2 rural landscape
Call 6554 7666 to talk to our sales team or arrange an inspection today.
**Disclaimer**
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
The size of Bungwahl is approximately 61.6 square kilometres. It has 2 parks covering nearly 35.1% of total area. The population of Bungwahl in 2011 was 253 people. By 2016 the population was 212 showing a population decline of 16.2% in the area during that time. The predominant age group in Bungwahl is 60-69 years. Households in Bungwahl are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bungwahl work in a trades occupation. In 2011, 73.9% of the homes in Bungwahl were owner-occupied compared with 70.2% in 2016.
Bungwahl has 234 properties. Over the last 5 years, Houses in Bungwahl have seen a 43.41% increase in median value. As at 31 July 2024:
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