SOLD
Sold on 03 May 2024 for $670,000

40 Macquarie Street
Bonnells Bay NSW 2264

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 815m2
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Ellejayne Realty
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Property Details for 40 Macquarie St, Bonnells Bay

40 Macquarie St, Bonnells Bay is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 815m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Bonnells Bay in the last 12 months.

Building Type
House
Year Built
1965
Floor Size
77m2
Land Size
815m2
Local Government
Lake Macquarie
Lot/Plan
13/17/DP1996

Last Listing description (May 2024)

** Private Inspections available upon request by contacting Ben Wrigley on 0409 652 160 **

Build over both blocks or utilise each block separately. The choice is yours!

Located on a reasonably level 809m2 block spread over two titles (Lot 12/17/1996 and Lot 13/17/1996) with a 20 metre frontage in a quiet street with views of Lake Macquarie, this home provides plenty of options for the buyer with an eye for potential.

Featuring a three-bedroom home on quality R2-zoned (Low Density Residential) land, opportunity awaits for investors, developers or savvy owner-occupiers who enjoy value and don’t mind a bit of hard work.

Architecturally designed concept plan for dual-occupancy (four-bedroom, three-bathroom) available upon request.

The dwelling features the following:

- Three-bedroom, one bathroom home
- Tidy kitchen with nice outlook over large yard
- Fully fenced yard and relatively level yard with detached gazebo
- Split-system air-conditioning

The property is within walking distance to the shores of Lake Macquarie, numerous lakeside reserves including Pendlebury Park with basketball court and children’s playground and only a short drive to Bonnells Bay Shopping Centre, Bonnells Bay boat ramp, Morisset CBD and the M1 Motorway.

Quality blocks with great zoning, great location and unlimited potential rarely become available. Register your interest with Ben Wrigley from Ellejayne Realty today!

Rental Appraisal: $520/week with the Ellejayne Investor Support and Property Management team

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.

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Property History for 40 Macquarie St, Bonnells Bay, NSW 2264

A timeline of how this property has performed in the market
Last Sold
$670,000
03 May 2024
Listed for Rent
$475/w
21 Aug 2023
  • 03 May 2024
    Sold for $670,000
  • 11 Mar 2024
    Listed for Sale UNDER CONTRACT
  • 07 Jul 2023
    Listed for Rent $475 / week
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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 1,954 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, 85 properties were sold in the past 12 months in Bonnells bay.

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