SOLD
Sold on 25 Jun 2024 for $785,000

61 Lake Road
Balcolyn NSW 2264

Bedrooms: 1
Bathrooms: 1
Car spaces: 5
Land area: 1012m2
Sold By
Ellejayne Realty
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Property Details for 61 Lake Rd, Balcolyn

61 Lake Rd, Balcolyn is a 1 bedroom, 1 bathroom House with 5 parking spaces and was built in 1950. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom House sold in Balcolyn in the last 12 months.

Building Type
House
Year Built
1950
Land Size
1012m2
Local Government
Lake Macquarie
Lot/Plan
32/F/DP2458

Last Listing description (July 2024)

Located in peaceful Balcolyn, this renovated home and huge shed provides an outstanding opportunity for those seeking style, space and low maintenance living.

The fully insulated shed is constructed on a slab of Ultra-High-Performance Concrete (UHPC) graded to 32 MPa. The slab is 150mm thick overall, with a reinforced section of 300mm thickness where the hoist is installed. Sewage points are pre-integrated into the slab, requiring only a plumber to connect the water supply, enabling the shed to support a fully self-sufficient bathroom and kitchenette.

Designed to accommodate heavy machinery, the shed is equipped with pre-installed 16mm 4 core + earth cable ready to run three-phase power with additional data cabling, and separate hot water system (HWS) cabling all run through conduits underground, extending from the shed to the meter box, making the setup ready for official connection.

• Stylish kitchen with modern appeal

• Detached brick and tile “studio” with plumbing, power and outdoor entertaining area

• Quality landscaping keeping your huge quarter acre block low maintenance

• Carport with plenty of space for caravan, boat etc

• Large machinery shed which is fully insulated with car hoist and sewage points pre-existing painted concrete slab ready for a bathroom and kitchenette

Additional features: Perfect first home or investment, huge 1012m2 landscaped block, plenty of shed storage, modern flooring throughout, split-system air-conditioning, extremely neat and tidy.

Rental Appraisal: $540 to $560/week through the Ellejayne Property Management and Investor Support Team.

Being only a walk to shores of the world-renowned Lake Macquarie and only minutes away from Bonnells Bay shopping square, local schools both public and private the location of this property is only matched by it’s potential.

Spend the weekends checking out lakeside walks, boating on Lake Macquarie, enjoy a beer at The Bay Hotel or enjoy a day of fishing in Lake Macquarie.

Brought to you by Jayse Russo from Ellejayne Realty. Call for more information on this property or the beautiful suburb of Balcolyn.

DISCLAIMER
Ellejayne Realty have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 61 Lake Rd, Balcolyn, NSW 2264

A timeline of how this property has performed in the market
Last Sold
$785,000
25 Jun 2024
  • 25 Jun 2024
    Sold for $785,000
  • 04 Jun 2024
    Listed for Sale Not Disclosed
  • 24 Mar 2014
    Sold for $210,000
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About Balcolyn 2264

The size of Balcolyn is approximately 0.7 square kilometres. It has 6 parks covering nearly 17.3% of total area. The population of Balcolyn in 2011 was 818 people. By 2016 the population was 956 showing a population growth of 16.9% in the area during that time. The predominant age group in Balcolyn is 10-19 years. Households in Balcolyn are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balcolyn work in a trades occupation. In 2011, 79.5% of the homes in Balcolyn were owner-occupied compared with 75% in 2016.

Balcolyn has 482 properties. Over the last 5 years, Houses in Balcolyn have seen a 50.38% increase in median value. As at 30 November 2024:

  • The median value for Houses in Balcolyn is $939,109 while the median value for Units is $659,356.
  • Houses have a median rent of $640.
There are currently 3 properties listed for sale, and 1 property listed for rent in Balcolyn on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Balcolyn.

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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.