OFF MARKET

15 West Street
Greenwell Point NSW 2540

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 29763m2
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Property Details for 15 West St, Greenwell Point

Building Type
Land
Land Size
29763m2
Local Government
Shoalhaven
Lot/Plan
7/DP518904

Last Listing description (September 2024)

Seize the rare opportunity to own a prestigious piece of waterfront land in the highly sought-after Greenwell Point. This expansive property spans approximately 29,758 square meters of prime, level land, zoned SP3 Tourism, offering a wealth of potential for development & subdivision (STCA). Its strategic location is just a short drive from the vibrant town of Nowra, providing both convenience and a serene retreat.

The property is currently occupied with a freestanding residence, caravans and relocatable homes ideal for short- or long-term accommodation, catering to various needs and preferences. Well-maintained amenities such as bathroom facilities, showers and inviting picnic area and a substantial jetty, perfect for docking boats and enjoying waterfront activities.

Greenwell Point itself is renowned for its stunning, crystal-clear beaches and excellent surf conditions. The area is also famous for its thriving oyster farms, picturesque picnic spots, and family-friendly parks, making it a delightful destination for both residents and visitors. Whether you're looking to develop a commercial tourism venture or create a tranquil waterfront sanctuary, this property offers unparalleled potential in a beautiful, high-demand location.

The Local's Point of view!
- Charming Pelican population which draws thousands of visitors every year
- Family hotspots which as the wide waterfront pathways perfect for children
- Famous Picturesque beaches including Crookhaven, Culburra, & Seven-mile beach
- A Variety of family activities including Shoalhaven Zoo & Adventure world, Burra Bike & Boarding adventures, Boomers on Tour.
- Approximately a 19-minute commute to Norwa's town center & shopping precinct.
- Surrounded by Several famous oyster farms including Jim's wild Oysters, Kingtide Oysters & Goodnight Oysters

Property History for 15 West St, Greenwell Point, NSW 2540

A timeline of how this property has performed in the market
Last Sold
14 Feb 2010
  • 11 Sep 2024
    Listed for Sale On Site & Online (Unless Sold Prior)
  • 14 Feb 2010
    Sold
  • 14 Feb 2010
    Sold
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About Greenwell Point 2540

The size of Greenwell Point is approximately 2.7 square kilometres. It has 3 parks covering nearly 3.2% of total area. The population of Greenwell Point in 2011 was 1,198 people. By 2016 the population was 1,206 showing a population growth of 0.7% in the area during that time. The predominant age group in Greenwell Point is 60-69 years. Households in Greenwell Point are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Greenwell Point work in a trades occupation. In 2011, 75.1% of the homes in Greenwell Point were owner-occupied compared with 75.7% in 2016.

Greenwell Point has 911 properties. Over the last 5 years, Houses in Greenwell Point have seen a 51.21% increase in median value, while Units have seen a 56.81% increase. As at 31 August 2024:

  • The median value for Houses in Greenwell Point is $753,845 while the median value for Units is $557,410.
  • Houses have a median rent of $580.
There are currently 10 properties listed for sale, and 2 properties listed for rent in Greenwell point on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Greenwell point.

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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.