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Sold on 29 Mar 2024 for $3,650,000

50 Memorial Drive
Bar Beach NSW 2300

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 409m2
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Property Details for 50 Memorial Dr, Bar Beach

Building Type
Land
Land Size
409m2
Local Government
Newcastle
Lot/Plan
2/DP1240097

Last Listing description (March 2024)

All you need is a like-minded person who shares the dream of owning a 3-4 bedroom home on Memorial Drive in Bar Beach. This property has already been approved by the council for immediate construction.

Acknowledged as THE blue chip address in the spectacular coastal city of Newcastle, Memorial Drive is a truly exclusive street which offers beautiful vistas that are quite simply unrivalled. This premium parcel of land - the last on Memorial Drive - is your final opportunity to build an exemplary home with this iconic address - an address which ensures breathtaking views across this stunning city and the azure waters of the Pacific Ocean.

A well-positioned build would result in breathtaking cityscape and ocean views the likes of which cannot be repeated once this elevated corner block is sold. In addition to the spectacular views, this block is just a few minutes from the heart of this thriving coastal city and its many retail and dining and nightlife hubs and bustling harbour. Starting from scratch means there will be no compromising when it comes to building a sublime contemporary home with all of the design and lifestyle elements you desire. Alternatively, DA approval is already in place for two stunning, contemporary Torrens Title houses - each with three or four bedrooms, triple car garaging and workshops and underground cinemas.

Experience the pinnacle of coastal living just a couple of hours from the Sydney CBD and with the Newcastle airport – which flies to both domestic and international destinations – just half an hour away. Superbly positioned for optimum coastal lifestyle this land is the opportunity you have been searching for.

- Final block of land on stunning Memorial Drive
- Completely cleared – ready to build
- Generously sized, level, elevated plot of land
- CDC approval already in place for two large Torrens Title houses – both with 3 or 4 bedrooms, triple car garaging and underground cinemas
- Design and build an exceptional waterfront residence at this coveted address
- Corner block
- Five Qantas Business class chairs to complete your at home cinema also included
- Just up the road from the beach and Cooks Hill Surf Life Saving Club, 1.1 km to Dixon Park surf break and 2 km to Merewether Beach and baths
- 1 km to heart of Darby St dining and retail precinct, 1.6 km to Newcastle CBD
- 2 mins to Newcastle Grammar, 4 mins to the esteemed University of Newcastle
- 30 mins to Newcastle Airport, 2 hours by train or car to Sydney CBD

Disclaimer:
All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.

Property History for 50 Memorial Dr, Bar Beach, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$3,650,000
29 Mar 2024
  • 29 Mar 2024
    Sold for $3,650,000
  • 11 Aug 2023
    Listed for Sale Not Disclosed
  • 07 Nov 2022
    Listed for Sale Price Guide On Request
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About Bar Beach 2300

The size of Bar Beach is approximately 0.5 square kilometres. It has 4 parks covering nearly 33.2% of total area. The population of Bar Beach in 2011 was 1,124 people. By 2016 the population was 1,236 showing a population growth of 10.0% in the area during that time. The predominant age group in Bar Beach is 20-29 years. Households in Bar Beach are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bar Beach work in a professional occupation. In 2011, 40.4% of the homes in Bar Beach were owner-occupied compared with 50.7% in 2016.

Bar Beach has 716 properties.

    There are currently 1 property listed for sale, and no properties listed for rent in Bar beach on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Bar beach.

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    Contact agent
    Ryan Houston
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    Bree Atkinson
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    Presence Newcastle, Lake Macquarie, Central Coast & Hunter
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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.