FOR SALE
$2,999,999

125 Yeramba Road
Summerland Point NSW 2259

Bedrooms: 9
Bathrooms: 4
Car spaces: 5
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4 Hectares - Massive Family Home+ Second Dwelling - Mixed E3 & R2 Zoning with Development Potential

Benefiting from a mix of E3 and R2 residential zoning across approx 4 hectares, with local shops and the shores of Lake Macquarie just moments away, this incredible property offers the private semi rural lifestyle you've dreamed of in a lakeside setting.
Situated in a well maintained envelope within a larger bushland setting, the massive family homestead comprises seven bedrooms with oversize spaces throughout, including four bathrooms, multiple living areas, rumpus, huge queenslander room and triple garage. Adjacent to the main residence and accessible under cover via a four car carport, a neat two bedroom second dwelling features complimentary timber and brick highlights, its own combusion fire and looks out to the pool cabana area.
The mixed zoning offers the opportunity to explore a residential subdivision along the street frontage (subject to council approval) while retaining the current home & outbuildings, the ultimate best of both worlds scenario. Whether you're searching for a home with space to accommodate the largest of families, income potential via the second dwelling, the ultimate weekend getaway or an ideal format for holiday letting, this property does it all while providing scope to retain as is or explore and profit from the mixed zonings.
The options are many and varied yet it's clear that this property will serve your current and future needs. A true blue chip site with features that would individually be rare and exciting, combined its a once in a lifetime opportunity not to be missed!
• Approx 1 hr to wahroonga via M1
• Approx 50 mins to Newcastle via Pacific Hwy
• Surf beaches including Catherine Hill bay and Frazer Beach just a 10-15 minute drive
Outgoings:
Land Rates: Approx $2,790

Property Details for 125 Yeramba Rd, Summerland Point

125 Yeramba Rd, Summerland Point is a 9 bedroom, 4 bathroom House with 5 parking spaces. The place is currently for sale with Ray White Thompson Partners.

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About Summerland Point 2259

The size of Summerland Point is approximately 3.2 square kilometres. It has 8 parks covering nearly 11.7% of total area. The population of Summerland Point in 2011 was 2,358 people. By 2016 the population was 2,485 showing a population growth of 5.4% in the area during that time. The predominant age group in Summerland Point is 60-69 years. Households in Summerland Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Summerland Point work in a trades occupation. In 2011, 74.5% of the homes in Summerland Point were owner-occupied compared with 75.7% in 2016.

Summerland Point has 1,334 properties. Over the last 5 years, Houses in Summerland Point have seen a 58.47% increase in median value, while Units have seen a 48.99% increase. As at 30 November 2024:

  • The median value for Houses in Summerland Point is $791,873 while the median value for Units is $581,863.
  • Houses have a median rent of $550.
There are currently 11 properties listed for sale, and 1 property listed for rent in Summerland point on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Summerland point.

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Adam Hilder
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Ray White Thompson Partners
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