SOLD
Sold on 12 Apr 2024 for $1,400,000

6 Lentara Street
Fingal Bay NSW 2315

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 178m2
Land area: 698m2
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Property Details for 6 Lentara St, Fingal Bay

6 Lentara St, Fingal Bay is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 698m2 and floor size of 178m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Fingal Bay in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
178m2
Land Size
698m2
Local Government
Port Stephens
Lot/Plan
4/DP240953

Last Listing description (June 2024)

This incredible opportunity is not one to take lightly. Standing proudly in one of Fingal Bay's most sought-after streets is this 1980s double-brick and concrete building split into three separate units. Unmatched on the market for potential rental yield and location, this is an opportunity you won't want to let pass you by. Renovate, keep one for your own holiday visits, rent all three, or turn it into one large dwelling for the family.

LAND & LOCATION
Fingal Bay is one of the most pristine and unspoiled coastal hamlets on the East Coast. Boasting a world-class beach, iconic sand spit, island, and surrounded by National Park and Ocean. The land is just over 695m2, backs onto Tomaree National Park, and is only 350m to the golden sand of Fingal Bay Beach. 5min drive to Nelson Bay CBD, 40min to the Newcastle international airport, 1 hour to Newcastle CBD and 2.5hours to Sydney.

MAIN UNIT
Entering from the side formal entryway, you'll enter the main unit and its foyer. On the same level, there is a study/office area, large rumpus room, and internal access to the large double garage at the rear. Taking the stairs up, you'll find a bright, airy, and open-plan kitchen, dining, and living area. There are two bedrooms, a main bathroom, a store room, and a walk-in pantry. The main bedroom is towards the front with a walk-in robe and ensuite. The main bedroom and living area both flow out to the large tiled terrace at the front.

MIDDLE UNIT
Access to the middle unit is gained off the side ramp at ground level to the front balcony. The unit comprises an open-plan living and dining arrangement with an adjacent kitchen and internal laundry. There are two bedrooms, both with built-in robes and separated by the main bathroom in the middle.

LOWER STUDIO UNIT
On the lower left side of the dwelling is a private entry to the studio space. Enter an open space with an adjacent kitchen and external access to the bathroom behind. This space needs a little more than a spit-shine, but with a little effort, it could be a great little earner.

The potential here is huge. A large solid dwelling in a hot suburb with the potential for three income streams in a lovely tree-scape near the beach. The owner's directions are clear, and a sale on auction day is wanted. It has been a great long-term investment, but the time has come to pass the torch.

Contact our friendly sales team to receive your information pack, including the contract of sale, rental appraisals, holiday letting assessments, and building reports.

Property History for 6 Lentara St, Fingal Bay, NSW 2315

A timeline of how this property has performed in the market
Last Sold
$1,400,000
12 Apr 2024
Listed for Rent
$360/w
29 Aug 2012
  • 12 Apr 2024
    Sold for $1,400,000
  • 01 Dec 2023
    Listed for Sale AUCTION
  • 14 Aug 2012
    Listed for Rent $360 / week
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About Fingal Bay 2315

The size of Fingal Bay is approximately 9.7 square kilometres. It has 5 parks covering nearly 83.8% of total area. The population of Fingal Bay in 2011 was 1,502 people. By 2016 the population was 1,622 showing a population growth of 8.0% in the area during that time. The predominant age group in Fingal Bay is 60-69 years. Households in Fingal Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fingal Bay work in a trades occupation. In 2011, 58.5% of the homes in Fingal Bay were owner-occupied compared with 64% in 2016.

Fingal Bay has 1,382 properties. Over the last 5 years, Houses in Fingal Bay have seen a 48.09% increase in median value, while Units have seen a 70.36% increase. As at 30 November 2024:

  • The median value for Houses in Fingal Bay is $957,004 while the median value for Units is $812,858.
  • Houses have a median rent of $598 while Units have a median rent of $530.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Fingal bay on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Fingal bay.

Suburb Insights for Fingal Bay 2315

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Aramis Pincovai
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Tim Jurisic
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Ray White The Knaggs Group
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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.