OFF MARKET

285 Main Road
Fennell Bay NSW 2283

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 734m2
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Last updated 11 Nov 2024
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Property Details for 285 Main Rd, Fennell Bay

285 Main Rd, Fennell Bay is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 734m2. While the property is not currently for sale or for rent, it was last sold in July 1999.

Building Type
House
Land Size
734m2
Local Government
Lake Macquarie
Lot/Plan
1/DP224889

Last Listing description (October 2024)

Own a house and restaurant with the zoning for high rise apartments when your ready!

This property has a great load of upside with a nice House at the front an (Commercial Kitchen at the back) that is currently run as catering business! This back Commercial building would be perfect for restaurants, cafes or professional services.

The back commercial property has the following to be included in the sale,

-Combi oven
-Commercial dishwasher
-Walk in cool room
-Six burner gas stove and oven
-Instant hot water heater
- Commercial waste system
-Toilet and wash area
- 3m x 6m storeroom
- Large freezer
- Exhaust fan system

This property has been used by successful catering businesses and for many years and is the perfect spot to run your business from!

This front house has a (3) Bedroom house plus a generous sized back yard perfect for the family to play and entertain!

This property is Zoned E1 meaning you have the right to use either the house or Commercial kitchen for residential and commercial use without seeking commercial approval. This property also is Zoned for apartment buildings and has a past DA approved plans.

This property gives you that house and Commercial building that you wanted but also gives you the HUGE LONGTERM UPSIDE with being Zoned for unit buildings and being Zoned for running a business or residential uses.

This property has SO MUCH WOW FACTOR it is one that can't be missed!

Disclaimer:
All information contained in this listing is provided to Global Property by the third parties, and is intended as a guide only. No warranty is given as to it's accuracy and purchasers should rely on their own inquiries.

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Property History for 285 Main Rd, Fennell Bay, NSW 2283

A timeline of how this property has performed in the market
Last Sold
$110,000
26 Jul 1999
Listed for Rent
$450/w
18 Jul 2024
  • 02 Jul 2024
    Listed for Rent $450 / week
  • 22 Jan 2024
    Listed for Sale Not Disclosed
  • 07 Oct 2020
    Listed for Rent - Price not available
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About Fennell Bay 2283

The size of Fennell Bay is approximately 2.8 square kilometres. It has 5 parks covering nearly 2.6% of total area. The population of Fennell Bay in 2011 was 1,473 people. By 2016 the population was 1,610 showing a population growth of 9.3% in the area during that time. The predominant age group in Fennell Bay is 60-69 years. Households in Fennell Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fennell Bay work in a trades occupation. In 2011, 74.7% of the homes in Fennell Bay were owner-occupied compared with 77.3% in 2016.

Fennell Bay has 823 properties. Over the last 5 years, Houses in Fennell Bay have seen a 75.34% increase in median value, while Units have seen a 54.97% increase. As at 31 October 2024:

  • The median value for Houses in Fennell Bay is $744,679 while the median value for Units is $627,544.
  • Houses have a median rent of $560 while Units have a median rent of $480.
There are currently 7 properties listed for sale, and no properties listed for rent in Fennell bay on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Fennell bay.

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