FOR SALE
Auction if not sold prior

5/48-50 Magnus Street
Nelson Bay NSW 2315

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Auction Time
Fri 14 Feb 5:30 pm
Inspection Times
No upcoming inspections scheduled.
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Coastal Living, North Facing with Water Views

Discover the perfect coastal retreat where comfort, convenience, and breath-taking water views come together in this beautifully presented, 2-bedroom unit.
Perfectly situated in a prime location, this fully furnished apartment has been thoughtfully designed to impress. The heart of the unit features a spacious open-plan living area with light-coloured tiles throughout, creating a bright and airy atmosphere. Ceiling fans are installed throughout for added comfort. Large windows and sliding glass doors open onto a generously sized balcony, filling the living space with natural light and offering an uninterrupted view of the serene waterfront scenery. Whether it's a peaceful morning coffee or an evening with friends, this space offers the perfect setting for any occasion.
The kitchen is both functional and stylish, equipped with an electric cooktop, oven, microwave, and dishwasher, making it ideal for everyday cooking and entertaining. The open-plan layout ensures the kitchen, dining, and lounge areas flow seamlessly, providing a spacious and inviting atmosphere.
The two generously sized bedrooms feature built-in wardrobes and plenty of storage. The bathroom includes both a bath and shower, providing versatility and convenience for all your needs. Adding to the property's practicality is the inclusion of an internal laundry room, offering privacy and ease of use. With two secure car spaces, this unit also offers peace of mind in a highly sought-after location.
Ready for immediate enjoyment or investment, this turnkey property is ideal for investors, downsizers, or holidaymakers seeking a stress-free coastal escape.
Features -
- 2 spacious bedrooms with built-in wardrobes and ample storage
- 2 x single lock up garage
- Fully furnished, ready for you to move straight in or rent out
- Open-plan living area with light-coloured tiles and ceiling fans throughout
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Property Details for 5/48-50 Magnus St, Nelson Bay

5/48-50 Magnus St, Nelson Bay is a 2 bedroom, 1 bathroom Apartment with 2 parking spaces. The place is currently for sale with PRD Real Estate Port Stephens.

Building Type
Apartment

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About Nelson Bay 2315

The size of Nelson Bay is approximately 15.8 square kilometres. It has 24 parks covering nearly 56% of total area. The population of Nelson Bay in 2011 was 5,396 people. By 2016 the population was 5,811 showing a population growth of 7.7% in the area during that time. The predominant age group in Nelson Bay is 60-69 years. Households in Nelson Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nelson Bay work in a trades occupation. In 2011, 61.4% of the homes in Nelson Bay were owner-occupied compared with 63.6% in 2016.

Nelson Bay has 6,074 properties. Over the last 5 years, Houses in Nelson Bay have seen a 61.98% increase in median value, while Units have seen a 75.25% increase. As at 30 November 2024:

  • The median value for Houses in Nelson Bay is $1,019,970 while the median value for Units is $730,704.
  • Houses have a median rent of $555 while Units have a median rent of $500.
There are currently 73 properties listed for sale, and 13 properties listed for rent in Nelson bay on OnTheHouse. According to CoreLogic's data, 281 properties were sold in the past 12 months in Nelson bay.

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Dane Queenan
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Erin Sharp
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PRD Real Estate Port Stephens
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