OFF MARKET

5 Harmon Drive
Cooranbong NSW 2265

Bedrooms: 8
Bathrooms: 7
Car spaces: 1
Land area: 868m2
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Last updated 16 Dec 2024
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Property Details for 5 Harmon Dr, Cooranbong

5 Harmon Dr, Cooranbong is a 8 bedroom, 7 bathroom House with 1 parking spaces. The property has a land size of 868m2. While the property is not currently for sale or for rent, it was last sold in December 2006.

Building Type
House
Land Size
868m2
Local Government
Lake Macquarie
Lot/Plan
8/DP246011

Last Listing description (December 2024)

** Strictly by private appointment - Contact Ben Wrigley on 0409 652 160 to secure your time to view this amazing estate **This amazing property offers a unique opportunity to savvy buyers who know a good thing when they see it. Set on an elevated 868m2 block, this property has been completely renovated to extremely high standard throughout with a myriad of options available to a large demographic of buyers. Of interest to multi-generational families is the flexible floorplan allowing for stylish, independent living for multiple families whilst still allowing for incoming-producing opportunities. Of interest to savvy investors is the five independent suites with loyal, bed and breakfast clientele, 90% occupancy rate and a lucrative yield that ensures an outstanding investment opportunity. Further details and breakdowns available by request.UPSTAIRS- Three impressive bedrooms, all appointed with ensuites, sizeable built-in robes, air-conditioning and ceilings fans. Huge master bedroom featuring large, built-in four-door, mirrored robes and luxury ensuite with double vanity, linen cupboard, bath and shower. Pantry and additional Butlers Pantry, washing machine and clothes dryer. TVs in all bedrooms, lounge and kitchen. Large double-door refrigerator/freezer, dishwasher. Sapphire Suite (downstairs two-bedrooms, one-bathroom) air-conditioning in main living area. Laundry with washing machine and clothes dryer. Large double-door refrigerator/freezer. - Two impressive bedrooms, both appointed with sizeable built-in robes. - High-quality kitchen with 40mm stone benchtops and quality finishes, outstanding bathroom with double vanity. Large open plan living/dining area, TV and air conditioning. - $140/night bed and breakfast. Hamptons Suite (downstairs) - One large and impressive bedroom, appointed with sizeable built-in robes, as well as floor-to-ceiling storage cupboards, plantation shutters, ceiling fan. - Stylish Hampton kitchen with 40mm stone benchtops and quality finishes, outstanding bathroom with washing machine, large linen cupboard and large open plan living area, 3 TVs - $140/night bed and breakfast Burgundy Suite (downstairs one-bedroom, one-bathroom, separate powder room) - Stylish kitchen with 40mm stone benchtops and quality finishes, handy office nook and large open plan living area. - One bed-sitter suite, (open plan living area) appointed with queen bed, air-conditioning, lounge, TV, ensuite-style bathroom and powder room. - Stylish kitchen with 40mm stone benchtops and quality finishes, handy office nook and under stair wardrobe. - $130/night bed and breakfast Gardenia Cottage (Stand alone separate Unit)Gardenia Cottage is situated at the rear of the property. Built from timber crafted and imported from Estonia it is a visitor's peaceful haven. It is a bed-sitter, containing a king bed, wardrobe, wall cupboards, sink, stone benchtop, washing machine, reverse cycle air-conditioning, TV, dining table and bathroom. All windows and doors are double glazed and boast European openings. Complete with three freshwater tanks at the rear of the building, its own hot water system and TV aerial. - $130/night bed and breakfastPermanent Rental Appraisal: (Four units on ground level only) Approx $73,200 per annum Four ground level units plus the second-storey all rented for investment, Approx $99,600 per annum Air BnB/Bed and Breakfast on four ground level units: Approx $178,000 per annum @ 90% occupancy or approx. $135,000 @ 70% occupancy rate Being close to Cooranbong Pony Club grounds arena/round yard, eventing paddocks, canteen and toilet facilities, acclaimed Awaba Mountain Bike Track, Cedar Mill Entertainment Grounds (under construction), the brand-new Cooranbong Sporting Precinct and Avondale University and less than a 10-minute drive to the M1 Freeway, thriving Morisset CBD and central to both Sydney and Newcastle ensure the brilliant views are only matched by the brilliant convenience for this home.Unique opportunities like this very rarely become available. Contact Ben to secure your private inspection now.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.

Property History for 5 Harmon Dr, Cooranbong, NSW 2265

A timeline of how this property has performed in the market
Last Sold
$380,000
14 Dec 2006
  • 04 Dec 2024
    Listed for Sale Not Disclosed
  • 14 Dec 2006
    Sold for $380,000
  • 09 Nov 2004
    Sold for $360,000
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About Cooranbong 2265

The size of Cooranbong is approximately 70.4 square kilometres. It has 12 parks covering nearly 14% of total area. The population of Cooranbong in 2011 was 5,029 people. By 2016 the population was 5,459 showing a population growth of 8.6% in the area during that time. The predominant age group in Cooranbong is 20-29 years. Households in Cooranbong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cooranbong work in a professional occupation. In 2011, 67.8% of the homes in Cooranbong were owner-occupied compared with 70% in 2016.

Cooranbong has 3,825 properties. Over the last 5 years, Houses in Cooranbong have seen a 67.64% increase in median value, while Units have seen a 45.48% increase. As at 30 November 2024:

  • The median value for Houses in Cooranbong is $905,359 while the median value for Units is $549,900.
  • Houses have a median rent of $640 while Units have a median rent of $375.
There are currently 26 properties listed for sale, and 15 properties listed for rent in Cooranbong on OnTheHouse. According to CoreLogic's data, 205 properties were sold in the past 12 months in Cooranbong.

Suburb Insights for Cooranbong 2265

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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.