SOLD
RECENT ADVICE
Sold on 25 Sep 2024 for $900,000

52 Grand Parade
Bonnells Bay NSW 2264

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1379m2
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Property Details for 52 Grand Pde, Bonnells Bay

Building Type
Land
Land Size
1379m2
Local Government
Lake Macquarie
Lot/Plan
1/15/DP7495

Last Listing description (September 2024)

Located at 52 Grand Parade, Bonnells Bay is this property which is directly opposite the lake and surrounds nature, so bring your creative touch and some imagination. This rare opportunity offers prime development land on a corner block spanning 1,379 square meters, directly opposite a picturesque waterfront park reserve. Zoned R3 for medium-density residential use, this site is ideal for creating your dream home or developing complexes (STCA).

What's more, there is no rush to bring your dream to life and no time limit to build the land is registered and has a double easy road front access, so you will have ample time to plan and develop or build your forever home.

FEATURES

• Lot 1 approx - 56.5m + 74.7m frontage 48.9m deep block
• 1379 m² block
• Great for Investors or homeowners
• Easy-level building
• High demand and high growth area
• Land Bank or build in the rapidly growing Morisset area
• Solid investment alternative, suitable for immediate home
construction
• Minutes to the M1 Freeway, Morisset train station and main street
shopping and facilities.

Take advantage of this property's peaceful surroundings, outdoor play areas, and waterfront access. Don't wait any longer location is everything, the block is within easy access to local schools, Bonnells Bay Shopping Centre, Trinity Point Marina/Restaurant, Morisset CBD, Train Station, and 'Cedar Mill' a multi-million dollar concert venue with cafes and Restaurants. Don't miss your chance to secure this block! Our vendor said sell so act now and turn your dreams into reality.

Disclaimer: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the owner or agent. Information is gathered from sources we believe to be reliable; we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 52 Grand Pde, Bonnells Bay, NSW 2264

A timeline of how this property has performed in the market
Last Sold
$900,000
25 Sep 2024
  • 25 Sep 2024
    Sold for $900,000
  • 22 Aug 2024
    Listed for Sale AUCTION

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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 16 properties listed for sale, and 4 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.

Suburb Insights for Bonnells Bay 2264

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Contact agent
Robyn Harrison
Show contact details
Ray White Morisset
Preferred contact:
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.