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

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.

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 1,970 properties. Over the last 5 years, Houses in Bonnells Bay have seen a 55.71% increase in median value, while Units have seen a 40.21% increase. As at 30 November 2024:

  • The median value for Houses in Bonnells Bay is $899,126 while the median value for Units is $717,903.
  • Houses have a median rent of $580 while Units have a median rent of $528.
There are currently 17 properties listed for sale, and 5 properties listed for rent in Bonnells bay on OnTheHouse. According to CoreLogic's data, 91 properties were sold in the past 12 months in Bonnells bay.

Suburb Insights for Bonnells Bay 2264

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Matthew Wilson
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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.