SOLD
RECENT ADVICE
Sold on 13 Aug 2024 for $585,000

11B Park Road
Garden Suburb NSW 2289

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 520.3m2
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Property Details for 11b Park Rd, Garden Suburb

Building Type
Land
Land Size
520.3m2
Local Government
Lake Macquarie
Lot/Plan
2/DP1302693

Last Listing description (August 2024)

It's here! The rare opportunity to buy a 520m2 near level parcel of already cleared land in a quiet neighbourhood of a well loved, established family suburb.

Located near the end of a cul de sac lined with mature gum trees, with a rural feel, sit back and enjoy your escape from the everyday world. Encompassing views over bushland and Mount Sugarloaf only enhances the serene aspect of the property.

With DA approval for two townhouses already in place—investors and savvy homeowners, you're ready to go! There's plenty of versatility to either build and live in one residence and sell the other to recoup some building costs, or to create an ongoing income stream while enjoying appreciating property values (STCA).

Or, you may wish to build your dream home on this large block, making use of the wide street frontage of 22.6m (STCA). Your north facing backyard will be the perfect spot for relaxing and listening to the bellbirds chiming in the bush beyond, while a large deck plus a pool will provide a sun-drenched area for effortless entertaining. A north-facing aspect provides the perfect position for solar panels to generate green electricity, and a second storey design would maximise the majestic mountain views (STCA).

From this quiet location you are just a short drive away from the convenience of everyday shopping at Westfield Kotara and Charlestown Square. The nearby cafes, boutiques and waterfront of Warners Bay and the lush landscape of Blackbutt Reserve provide a great range of entertainment options. Closer to home, Campbell Reserve offers a tranquil area to walk your dog. Zoned for Garden Suburb Public School and Cardiff High School, with a childcare centre just around the corner, it is the perfect location for families. Commuters will appreciate the easy access to the inner-city bypass and Cardiff station.

Act now to build your dream, come and inspect today!

Features include:

- Large 520m2 block of land in a well-established and desirable family location.
- Street frontage of 22.6m.
- DA plans for two townhouses approved and ready to go or build your custom dream home (STCA).
- Located in a quiet, tree lined street.
- The north facing rear affords encompassing views of bushland and mountains.
- Centrally located to the major shopping centres at Kotara and Charlestown.
- Close to the entertainment and recreational areas of Warners Bay, Blackbutt Reserve and Campbell Reserve.

Disclaimer:
All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.

Property History for 11b Park Rd, Garden Suburb, NSW 2289

A timeline of how this property has performed in the market
Last Sold
$585,000
13 Aug 2024
  • 02 Aug 2024
    Sold for $585,000
  • 24 Jun 2024
    Listed for Sale Selling $560,000-$615,000

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About Garden Suburb 2289

The size of Garden Suburb is approximately 1.7 square kilometres. It has 2 parks covering nearly 3% of total area. The population of Garden Suburb in 2011 was 1,927 people. By 2016 the population was 1,921 showing a population decline of 0.3% in the area during that time. The predominant age group in Garden Suburb is 10-19 years. Households in Garden Suburb are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Garden Suburb work in a professional occupation. In 2011, 86.7% of the homes in Garden Suburb were owner-occupied compared with 88.5% in 2016.

Garden Suburb has 726 properties. Over the last 5 years, Houses in Garden Suburb have seen a 66.37% increase in median value, while Units have seen a 7.07% increase. As at 31 August 2024:

  • The median value for Houses in Garden Suburb is $1,015,756 while the median value for Units is $653,576.
  • Houses have a median rent of $635.
There are currently 1 property listed for sale, and no properties listed for rent in Garden suburb on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Garden suburb.

Suburb Insights for Garden Suburb 2289

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Contact agent
Diana Apostolovski
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Presence Newcastle, Lake Macquarie, Central Coast & Hunter
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.