OFF MARKET

138 Caves Beach Road
Caves Beach NSW 2281

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Floor area: 227m2
Land area: 601m2
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Property Details for 138 Caves Beach Rd, Caves Beach

138 Caves Beach Rd, Caves Beach is a 5 bedroom, 2 bathroom House with 3 parking spaces and was built in 1975. The property has a land size of 601m2 and floor size of 227m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
House
Year Built
1975
Floor Size
227m2
Land Size
601m2
Local Government
Lake Macquarie
Lot/Plan
59/DP17632

Last Listing description (September 2018)

We planned a February campaign because this idyllically located, very substantial holiday home residence was booked out over Christmas, New Year and for much of the summer holidays, so access has been tricky, BUT all you sun seekers and salt water junkies have gone weak at the knees over the location and beach view and have stormed us with offers, so much so that we have had to increase our original price range because multiple buyers offered the top of our range. The new top of the range of $1,150,000 has now also been exceeded with multiple buyers asking to be given the last opportunity to offer, to be fair to all, the owner has agreed to allow one more viewing opportunity this Saturday, 3rd February at 1-1.30pm, we will call for best and final offers to be submitted by email and on contract by 6pm on Wednesday, 7th February, we will ask you to note any special conditions that may apply to your offer and whether your offer is subject to a 5 business days cooling off period, we do have some buyers prepared to waive their cooling off period, who do not need to do pest and building inspections, nor wait for finance approval, so please bear that in mind when submitting your offer.

- Amazing weekender & long term knock down/re-build/extensive renovation opportunity

- Great corner position with 2 street frontages & with none of the view wasted on garaging
- - Both levels of the home boast views & generous open plan living off renovated kitchens
- The lower level is complete with 2 bedrooms, 1 bathroom & big enclosed outdoor living
- While upstairs is complete with 4 bedrooms, 2 bathrooms, 1 bathroom being an ensuite
- Both levels of the home have direct access to the backyard, inground pool & rear garage
- Both levels feature split system air conditioned open plan living for all season comfort
- Stroll across to patrolled sand & surf for a swim or walk as many times a day as you like
- Watch the waves roll in from the comfort of your own home from either upstairs or down
- A great weekender, accommodate lots of guests with bedrooms & bathrooms up/down
- Screaming potential, holiday here or rent it out until you're ready to renovate/ knock down
- Solidly built, a bit of cosmetic surgery will bring her to life, so don't miss this 1 off location

The level of enquiry on this property has been through the roof with more than a 1,000 enquiries and more than 30 serious contenders showing genuine interest in the property making this the hottest property in Caves Beach right now, but negotiations will close next Wednesday and the owner will sell, so don't let this true beach house escape you ......

Property History for 138 Caves Beach Rd, Caves Beach, NSW 2281

A timeline of how this property has performed in the market
Last Sold
$1,568,138
10 Feb 2018
  • 10 Feb 2018
    Sold for $1,568,138
  • 22 Dec 2017
    Listed for Sale BER $1,050,000-$1,150,000
  • 06 Apr 1999
    Sold for $374,000

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About Caves Beach 2281

The size of Caves Beach is approximately 2.6 square kilometres. It has 7 parks covering nearly 27.4% of total area. The population of Caves Beach in 2011 was 3,935 people. By 2016 the population was 4,053 showing a population growth of 3.0% in the area during that time. The predominant age group in Caves Beach is 50-59 years. Households in Caves Beach are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caves Beach work in a professional occupation. In 2011, 78% of the homes in Caves Beach were owner-occupied compared with 80.4% in 2016.

Caves Beach has 1,968 properties. Over the last 5 years, Houses in Caves Beach have seen a 73.19% increase in median value, while Units have seen a 61.24% increase. As at 31 October 2024:

  • The median value for Houses in Caves Beach is $1,217,118 while the median value for Units is $875,402.
  • Houses have a median rent of $788 while Units have a median rent of $550.
There are currently 33 properties listed for sale, and 3 properties listed for rent in Caves beach on OnTheHouse. According to CoreLogic's data, 79 properties were sold in the past 12 months in Caves beach.

Suburb Insights for Caves Beach 2281

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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.