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Sold on 21 Oct 2024 for $1,130,000

2/103 Sandy Point Road
Corlette NSW 2315

Bedrooms: 7
Bathrooms: 3
Car spaces: 4
Floor area: 65m2
Land area: 626m2
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Property Details for 2/103 Sandy Point Rd, Corlette

2/103 Sandy Point Rd, Corlette is a 7 bedroom, 3 bathroom Unit with 4 parking spaces and was built in 1994. The property has a land size of 626m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 7 bedroom Unit sold in Corlette in the last 12 months.

Building Type
Unit
Year Built
1994
Floor Size
65m2
Land Size
626m2
Local Government
Port Stephens
Lot/Plan
2/SP45815

Last Listing description (December 2024)

Located a short level stroll to the beach and the Anchorage Marina is this unique investment opportunity.

On 626m2 of land these two separate residences offer 7 bedrooms in total.

We will do our best to explain it but view the floor plans they will help greatly.

1/103 is the residence at the front of the block it features 5 bedrooms, 2 bathrooms and 2 kitchens. The property is currently rented as a whole but upstairs and downstairs do have separate entry and no internal stairs. Downstairs has been recently renovated with a new kitchen and bathroom.

2/103 is the second residence at the rear of the block, it is a 2 storey 2 bedrooms home with generous living space and private courtyard.
There is car parking for 2 vehicles for each unit on the property as well.

Currently generating a weekly rental income of $1,210per week.

This is a set and forget investment opportunity - An opportunity to secure a great block close to the beach and collect the rent while you explore the opportunities and plan your next move.... Is it the Dream home? Maybe a Duplex?

Secure your future.

All information contained herein is gathered from sources we consider to be reliable. However, we, LJ Hooker Nelson Bay cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing. View our privacy policy here - https://www.ljhooker.com.au/legals/privacy-policy

Property History for 2/103 Sandy Point Rd, Corlette, NSW 2315

A timeline of how this property has performed in the market
Last Sold
$1,130,000
21 Oct 2024
Listed for Rent
$350/w
16 Mar 2021
  • 21 Oct 2024
    Sold for $1,130,000
  • 02 Jul 2024
    Listed for Sale Sold
  • 08 Mar 2021
    Listed for Rent $367 / week
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About Corlette 2315

The size of Corlette is approximately 3 square kilometres. It has 20 parks covering nearly 21.2% of total area. The population of Corlette in 2011 was 4,640 people. By 2016 the population was 5,349 showing a population growth of 15.3% in the area during that time. The predominant age group in Corlette is 60-69 years. Households in Corlette are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Corlette work in a professional occupation. In 2011, 71.1% of the homes in Corlette were owner-occupied compared with 74.8% in 2016.

Corlette has 2,864 properties. Over the last 5 years, Houses in Corlette have seen a 54.20% increase in median value, while Units have seen a 54.70% increase. As at 30 November 2024:

  • The median value for Houses in Corlette is $1,038,218 while the median value for Units is $767,425.
  • Houses have a median rent of $670 while Units have a median rent of $600.
There are currently 26 properties listed for sale, and 3 properties listed for rent in Corlette on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in Corlette.

What's around 2/103 Sandy Point Rd, Corlette

2/103 Sandy Point Rd, Corlette is in the school catchment zone for Tomaree High School and Tomaree Public School.

Nearby Schools
Comparable Properties
Tomaree High School
1.59km
Salamander Bay 2317
IN CATCHMENTSecondaryGovernment7 - 12Combined1159 Enrolled
Tomaree Public School
1.71km
Salamander Bay 2317
IN CATCHMENTPrimaryGovernmentP - 6Combined359 Enrolled
St Philip's Christian College - Port Stephens
1.86km
Salamander Bay 2317
CombinedNon-GovernmentP - 12Combined734 Enrolled
St Michael's Primary School
2.87km
Nelson Bay 2315
PrimaryNon-GovernmentP - 6Combined788 Enrolled
St Michael's Primary School
2.87km
Nelson Bay 2315
PrimaryNon-GovernmentP - 6Combined738 Enrolled
Soldiers Point Public School
4.15km
Soldiers Point 2317
PrimaryGovernmentP - 6Combined344 Enrolled
Alesco Senior College - Tomaree Campus
4.42km
Nelson Bay 2315
SpecialNon-GovernmentCombined Enrolled
Anna Bay Public School
6.16km
Anna Bay 2316
PrimaryGovernmentP - 6Combined302 Enrolled
Shoal Bay Public School
6.3km
Shoal Bay 2315
PrimaryGovernmentP - 6Combined434 Enrolled
Tea Gardens Public School
7.71km
Tea Gardens 2324
PrimaryGovernmentP - 6Combined176 Enrolled

Suburb Insights for Corlette 2315

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Neighbourhood Insights
Age

Population 5,349

0-9

 

10%

10-19

 

12%

20-29

 

7%

30-39

 

9%

40-49

 

13%

50-59

 

13%

60-69

 

17%

70-79

 

14%

80-89

 

5%

90-99

 

2%

Household Structure
Occupancy
Contact agent
Jason Brennan
Show contact details
Sally Edwards
Show contact details
LJ Hooker Nelson Bay
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