SOLD
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Sold on 03 Oct 2024 for $950,000

4 Argyle Street
Bonnells Bay NSW 2264

Bedrooms: 3
Bathrooms: 3
Car spaces: 4
Land area: 1005m2
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Property Details for 4 Argyle St, Bonnells Bay

4 Argyle St, Bonnells Bay is a 3 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 1005m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Bonnells Bay in the last 12 months.

Building Type
House
Land Size
1005m2
Local Government
Lake Macquarie
Lot/Plan
6/14/DP7495

Last Listing description (October 2024)

Nestled on one of Bonnells Bay's premier streets, 4 Argyle Street presents a rare opportunity for the astute buyer to secure a property with exceptional potential.

For Developers:
An ideal site for developers, this property features R3 Zoning and a gentle fall towards the street, minimising drainage concerns. Recent approvals for properties with similar lot sizes and zoning have allowed for the construction for up to 5 townhouses (subject to council approval), highlighting the strong development prospects in this sought-after location.

For Owner Occupiers:
Step into this bright, airy, and recently refurbished 3 bedroom home, set on over a quarter of an acre with a prevailing northern aspect. The home is complemented by a lush garden featuring mature Coastal Banksia, Jacaranda, and Frangipani trees, providing a peaceful retreat. Additional features include side access to the rear, a modern 7.5m x 6.9m detached machinery shed with an attached carport, and ample parking space for an RV, caravan, or boat.

For Investors:
A superb investment opportunity with 1,005m² of valuable R3 land in one of the peninsula's most desirable streets. While waiting for property values to rise, consider the potential to add a granny flat at the front (subject to council approval) to create a second income stream.

Whether you're a developer, owner-occupier, or investor, 4 Argyle Street, Bonnells Bay, offers a wealth of possibilities. Don't miss your chance to secure this versatile property in a prime location.

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Property History for 4 Argyle St, Bonnells Bay, NSW 2264

A timeline of how this property has performed in the market
Last Sold
$950,000
03 Oct 2024
  • 03 Oct 2024
    Sold for $950,000
  • 03 Sep 2024
    Listed for Sale $925,000 to $975,000
  • 28 May 2023
    Sold
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About 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 1,955 properties. Over the last 5 years, Houses in Bonnells Bay have seen a 55.64% increase in median value, while Units have seen a 36.55% increase. As at 31 October 2024:

  • The median value for Houses in Bonnells Bay is $886,680 while the median value for Units is $707,035.
  • Houses have a median rent of $585 while Units have a median rent of $525.
There are currently 17 properties listed for sale, and 3 properties listed for rent in Bonnells bay on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Bonnells bay.

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