FOR SALE
Price Guide $3,800,000

32 & 32a Ambrose Street
Carey Bay NSW 2283

Bedrooms: 6
Bathrooms: 3
Car spaces: 4
Land area: 1839m2
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Once in a lifetime waterfront opportunity - 2 homes, 2 titles, jetty & boatshed

A truly once-in-a-lifetime opportunity to own a stunning slice of waterfront paradise with this expansive 1839sqm dual property landholding. Nestled on prime road-to-waterfront land, these homes, on two separate titles, offer a unique blend of lifestyle and investment potential in a peaceful Lake Macquarie enclave.
Whether you're looking to bring the entire family together while preserving everyone's privacy, invest for the future, or tap into the lucrative holiday rental market, these properties are ready to fulfill your dreams. They are comfortably liveable as-is yet offer scope for modern updates to add instant value—giving you the flexibility to shape your ideal waterfront haven.
32 Ambrose Street
Set on 1284sqm of prime, level waterfront land, this solidly built three-bedroom, two-bathroom home offers uninterrupted views across the lake to Green Point. With 18m of lake frontage, a private jetty, and a boatshed, it's a water lover's paradise. The home features multiple living areas, an in-ground pool, solar panels, and excellent vehicle access with a double garage and carport.
32A Ambrose Street
This charming lakeside cottage, on a 555sqm parcel, is rich in character with period features like leadlight windows, ornate plaster ceilings, and timber floors. The three-bedroom home is elevated above a single garage and storage space, providing lake views from both the living room and the deck. It's an ideal set up for ageing parents, extended family or as an investment opportunity tapping into the lucrative Lake Macquarie tourism market.
About Carey Bay
Living in this lakeside enclave means enjoying a plethora of water activities like boating, fishing, and kayaking, right at your doorstep. Despite its tranquil setting, you're just 800m from Carey Bay shopping village and only a three-minute drive from the vibrant Toronto town centre, where you'll find all your daily essentials and a variety of waterside dining options.
- 7km/10mins to Fassifern Station, 27km/40mins to Newcastle
- 13 minute drive to the M1 and 80 minutes to the outskirts of Sydney at Wahroonga
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Property Details for 32 & 32a Ambrose St, Carey Bay

32 & 32a Ambrose St, Carey Bay is a 6 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 1839m2. The place is currently for sale with Avery Real Estate - TORONTO.

Building Type
House
Land Size
1839m2

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About Carey Bay 2283

The size of Carey Bay is approximately 0.5 square kilometres. It has 4 parks covering nearly 12% of total area. The population of Carey Bay in 2011 was 931 people. By 2016 the population was 903 showing a population decline of 3.0% in the area during that time. The predominant age group in Carey Bay is 60-69 years. Households in Carey Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carey Bay work in a professional occupation. In 2011, 68.3% of the homes in Carey Bay were owner-occupied compared with 69.3% in 2016.

Carey Bay has 523 properties. Over the last 5 years, Houses in Carey Bay have seen a 80.91% increase in median value, while Units have seen a 51.62% increase. As at 31 October 2024:

  • The median value for Houses in Carey Bay is $957,175 while the median value for Units is $836,857.
  • Houses have a median rent of $525 while Units have a median rent of $435.
There are currently 6 properties listed for sale, and 1 property listed for rent in Carey bay on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Carey bay.

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Leah Avery
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Craig Avery
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Avery Real Estate - TORONTO
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