51 Macquarie Rd, Fennell Bay is a 2 bedroom, 1 bathroom House and was built in 1935. The property has a land size of 899m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in June 2016.
Boasting a tranquil position moments from the shore of Lake Macquarie, this delightful two bedroom home has undergone a beautiful transformation but is still in need of a few final touches to complete its contemporary update and reward the new owners with a stylish yet easycare home. Resting on a deep 897sqm block, a major highlight of this property is the opportunity to develop the land at the rear (STCA) making this an instantly appealing purchase for developers, savvy investors or young and growing families seeking room to expand at a later date.
Solid weatherboard and iron boasting a partial contemporary makeover
Deep 897sqm block with huge scope for a subdivision at rear (STCA)
Two generously proportioned bedrooms updated in calming neutral tones
Two distinct living areas providing space and privacy for all
Light filled kitchen, largely completed but in need of a few finishing touches
Family bathroom located at the rear of the home
Lovely front porch makes an ideal location to sit and enjoy your morning coffee
Entire house has been re-pillared/stumped
Floors / most walls have been replaced
Restored roof, rewired throughout, solar panels, solar hot water and Foxtel dish
Appealing location within easy walking distance to the Lakes shore, parks and sporting fields
Ideally suited to astute developers looking to maximize opportunities in todays fast paced property market or young and growing families wanting to put their own stamp on a home with room to expand at a later date
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:
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