15 Creer StreetBonnells Bay NSW 2264
Property Details for 15 Creer St, Bonnells Bay
15 Creer St, Bonnells Bay is a 7 bedroom, 2 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 1429m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (August 2023)
Positioned in a highly sought after street, in close proximity to the lakes edge with water views from the sight, this R3 medium density residentially zoned parcel, offers the discerning investor the opportunity to develop within the zoning with an encouraging 20 metre frontage and an overall area of 1429 m2 spread across two titles.
Currently on site are two dwellings, the front dwelling is a four-bed, one-bathroom home with an open plan living area and a carport. The back dwelling is a cute three-bedroom cottage with a practical floor plan. It has a lazy veranda that catches the morning sun and offers views of the lake.
These homes will allow for many more years of rental return with potential of approx. $830 to $880 per week combined. This level of return will buy you time as you consider further developing the site or even allowing you to land bank the project until a moment in time when local values reach even greater heights. Offering a little something to all different style of investors and developers, we invite you attend our weekly open homes.
The convenience of being within walking distance to local shops with cafes, Coles etc, schools (public and private), the shores of Lake Macquarie, and a short drive to Morisset CBD and the M1 Motorway make it very appealing to all buyers seeking a central location between Sydney and Newcastle.
Call the team at Wilson Britten to arrange your inspection or further information on 4970 5545.
*Disclaimer: Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the owner or agent. While all care is taken to ensure otherwise, WilsonBritten Morisset does not make any representation as to the accuracy of any of the information contained in the advertisement, does not accept any responsibility or liability, and recommends that any client make their own investigations and enquiries. All images are indicative if the property only and Inspections are recommended.
Property History for 15 Creer St, Bonnells Bay, NSW 2264
- 05 Jul 2023Sold for $1,087,000
- 07 Jun 2023Listed for Sale New to Market
- 14 Aug 2019Listed for Rent $380 / week
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0About Bonnells Bay 2264
The size of Bonnells Bay is approximately 3.3 square kilometres. It has 12 parks covering nearly 10.6% of total area. The population of Bonnells Bay in 2011 was 3,119 people. By 2016 the population was 3,572 showing a population growth of 14.5% in the area during that time. The predominant age group in Bonnells Bay is 60-69 years. Households in Bonnells Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bonnells Bay work in a trades occupation. In 2011, 75.9% of the homes in Bonnells Bay were owner-occupied compared with 73.4% in 2016.
Bonnells Bay has 1,966 properties.
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