FOR SALE
$990,000

392 George Bass Drive
Malua Bay NSW 2536

Bedrooms: 6
Bathrooms: 3
Car spaces: -
Land area: 582m2
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2 homes in 1!

Double brick with suspended concrete slab on a 582 sqm block, this spacious 3-4 bedroom house with large living area, generous dining kitchen has the added bonus of a 2 bedroom unit underneath that is separately metered and would be perfect to rent out and have a passive income coming in on it.
It would also be great for extended family or even teens that you want out of your space but not too far away, or even running your own business from it as it is in a great location with exposure to passing traffic on George Bass Drive. Would suit a accountant, hair salon, masseuse/ beautician, (STCA). In fact, the current owner runs a successful lawn mowing business which he has had for many years that he is willing to sell as well, so you could literally move in with your own job ready to go.
From the upstairs house you can see a decent water view and enjoy it from your large verandah area. You have a totally enclosed yard that is big enough to keep kids or dogs in but small enough to not stress about maintaining.
There's a lot here on offer, call for an inspection and see what all the fuss is about.

Property Details for 392 George Bass Dr, Malua Bay

392 George Bass Dr, Malua Bay is a 6 bedroom, 3 bathroom House. The property has a land size of 582m2. The place is currently for sale with LJ Hooker Malua Bay.

Building Type
House
Land Size
582m2

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About Malua Bay 2536

The size of Malua Bay is approximately 12 square kilometres. It has 1 park covering nearly 2.7% of total area. The population of Malua Bay in 2011 was 1,804 people. By 2016 the population was 1,931 showing a population growth of 7.0% in the area during that time. The predominant age group in Malua Bay is 60-69 years. Households in Malua Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Malua Bay work in a professional occupation. In 2011, 74.5% of the homes in Malua Bay were owner-occupied compared with 75.2% in 2016.

Malua Bay has 1,897 properties. Over the last 5 years, Houses in Malua Bay have seen a 68.84% increase in median value, while Units have seen a -2.91% decrease. As at 30 November 2024:

  • The median value for Houses in Malua Bay is $935,765 while the median value for Units is $441,767.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 32 properties listed for sale, and 4 properties listed for rent in Malua bay on OnTheHouse. According to CoreLogic's data, 85 properties were sold in the past 12 months in Malua bay.

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Karen Herrick
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LJ Hooker Malua Bay
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