OFF MARKET

16 Mclaughlin Street
Argenton NSW 2284

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 135m2
Land area: 2190m2
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Property Details for 16 Mclaughlin St, Argenton

16 Mclaughlin St, Argenton is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 2190m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in November 2001.

Building Type
House
Year Built
1970
Floor Size
135m2
Land Size
2190m2
Local Government
Lake Macquarie
Lot/Plan
2/DP507512

Last Listing description (February 2022)

Discreetly positioned, but only moments from all the action, this large parcel of land is begging for a development!

The zoning is currently a mixture of R2 and R3 with LMCC potentially looking to re-zone the entirety of the site to R3 being a result of its proximity the Glendale shopping centre.

The property offering is set over 2 titles, with 2 homes. The larger allotment is 2200sqm* and the smaller allotment is 600sqm*.

The homes are of an excellent condition and hold good value depending on your current and future strategy for the sites.

Conceptually; before councils announcement to re-zone the land, it was thought that the site had the potential for 12 units whist keeping one of the existing homes.

Terms are available, with an extended settlement possible depending on price and additional terms combined.

Expressions of Interest will close at 4pm 26th November 2021
Offers are to be submitted to alex@nextviewproperty.com.au

*Outline of images are indicative only
*Sizes are approximate only

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Property History for 16 Mclaughlin St, Argenton, NSW 2284

A timeline of how this property has performed in the market
Last Sold
$173,000
29 Nov 2001
  • 15 Oct 2021
    Listed for Sale Expressions of Interest - Guide from $1,750,000
  • 13 Mar 2017
    Sold
  • 29 Nov 2001
    Sold for $173,000
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About Argenton 2284

The size of Argenton is approximately 1.4 square kilometres. It has 6 parks covering nearly 43.6% of total area. The population of Argenton in 2011 was 1,370 people. By 2016 the population was 1,365 showing a population decline of 0.4% in the area during that time. The predominant age group in Argenton is 20-29 years. Households in Argenton are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Argenton work in a labourer occupation. In 2011, 63.6% of the homes in Argenton were owner-occupied compared with 60.9% in 2016.

Argenton has 683 properties. Over the last 5 years, Houses in Argenton have seen a 70.96% increase in median value, while Units have seen a 62.86% increase. As at 30 September 2024:

  • The median value for Houses in Argenton is $703,466 while the median value for Units is $575,178.
  • Houses have a median rent of $590 while Units have a median rent of $513.
There are currently 1 property listed for sale, and no properties listed for rent in Argenton on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Argenton.

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