OFF MARKET

9 Museum Street
Eden NSW 2551

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 96m2
Land area: 675m2
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Property Details for 9 Museum St, Eden

9 Museum St, Eden is a 1 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 675m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
1950
Floor Size
96m2
Land Size
675m2
Local Government
Bega Valley
Lot/Plan
91/DP1104851

Last Listing description (April 2023)

UNDER OFFER!
Position is key in real estate terms and this property has that in spades. Potential is also a strong motivator for buyers with vision. Welcome to 9 Museum Street, a truly amazing 676.6m2 residential block featuring ocean views front and rear, R3 Medium Density zoning and sought after and rarely offered centre town convenience.

THE POTENTIAL:

R3 MEDIUM DENSITY ZONING opens the playbook wide for investors and developers. Currently occupying the land is an old Eden residence, a remnant of a bygone era that is now ready for demolition. A recent quote to demolish the building and restore the land to a blank canvas came in around $40,000 (copy available on request). This would then leave you with a magnificent site for a multi-dwelling development, ideal for a luxury duplex, townhouses or units (STCA). With established services on site, this is the perfect development site close to everything you need.

THE POSITION:
CENTRALLY LOCATED and offering ocean views from both the front and the rear, this block enjoys an outlook to parkland directly across the street and the start of the walkway to take you to the Snug Cove harbour precinct less than 500m walk away. A 400m stroll gets you to the magnificently restored Australasia Hotel for a catch up with friends, or a 250m walk to George Bass Park puts you at the waters edge for some rock fishing or snorkelling. It is also just 440m to the nearest playground, 580m to Eden Primary School, 800m to Shelly Beach, 1.2km to Aslings Beach, and 1.5km to Eden Cricket Ground and Eden Marine High School.

The site and position is so great you may prefer to just design and construct a blissful new family home with granny flat at the rear instead!

This is a future proof investment in a gorgeous seaside town that is on the rise with multiple developments in progress. Act now to anchor your claim to this rare in-town land title.

Contact Adam today to arrange a private inspection.

NOTE: Walkthrough and walk around videos of the structure are available by request.

Property Code: 506

Property History for 9 Museum St, Eden, NSW 2551

A timeline of how this property has performed in the market
Last Sold
$629,500
31 Mar 2023
  • 31 Mar 2023
    Sold for $629,500
  • 29 Oct 2022
    Listed for Sale $649,000

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About Eden 2551

The size of Eden is approximately 86.4 square kilometres. It has 21 parks covering nearly 85.4% of total area. The population of Eden in 2011 was 3,043 people. By 2016 the population was 3,153 showing a population growth of 3.6% in the area during that time. The predominant age group in Eden is 60-69 years. Households in Eden are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Eden work in a labourer occupation. In 2011, 60.6% of the homes in Eden were owner-occupied compared with 61.6% in 2016.

Eden has 2,327 properties. Over the last 5 years, Houses in Eden have seen a 63.63% increase in median value, while Units have seen a 53.49% increase. As at 30 September 2024:

  • The median value for Houses in Eden is $646,387 while the median value for Units is $420,646.
  • Houses have a median rent of $570 while Units have a median rent of $400.
There are currently 97 properties listed for sale, and 3 properties listed for rent in Eden on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Eden.

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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.