SOLD
Sold on 08 Dec 2023 for $2,080,000

9A Bindaree Street
Greenwell Point NSW 2540

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 211m2
Land area: 18580m2
Sold By
Knight Frank Australia - Residential
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Property Details for 9a Bindaree St, Greenwell Point

9a Bindaree St, Greenwell Point is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1935. The property has a land size of 18580m2 and floor size of 211m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in Greenwell Point in the last 12 months.

Building Type
House
Year Built
1935
Floor Size
211m2
Land Size
18580m2
Local Government
Shoalhaven
Lot/Plan
3/DP1196876

Last Listing description (November 2023)

Set on one of the largest absolute-waterfront blocks in Greenwell Point and owned by the same family for over 50 years, this 4.5-acre land holding is a truly rare property bringing a wealth of opportunity for owner occupiers and astute investors alike.

Enjoying the ideal North aspect, bordered by the sheltered waters of Shaws Creek to the North and uninterrupted grassland to the West, this private sanctuary is cocooned in pristine natural beauty whilst providing all the amenity and convenience of its proximity to Greenwell Point village and the nearby beachside locale of Culburra Beach.


The property offers 85 metres of deep-water frontage with a 34.4m (112 ft) private jetty newly-installed in late-2022 to accommodate large boat moorings. Such a prized detail is perfectly catered to the Greenwell Point lifestyle renowned for fishing, boating, great seafood and a family-friendly atmosphere.

The superb lifestyle that waterfront living in Greenwell Point brings, is complemented by the myriad of nearby conveniences with Stockland Nowra Shopping Centre and Jervis Bay National Park only a short-drive away whilst the picturesque swimming, surfing and fishing spot that is Culburra Beach rounds out the lifestyle appeal of such a home.

Presenting an exceptional opportunity for the shrewd investor, the majority of the property is zoned RU1 Primary Production, with the south-most periphery zoned R1 General Residential. This creates the potential for eco-tourism and visitor accommodation (STCA) or an Airbnb letting to capitalise on the natural serenity, waterfront positioning and vastness of the level land parcel.

Additional features:
- Original 1932 homestead retained with 5 large bedrooms, multiple living spaces and open fireplace, all set less than 30 metres from your private waterfront and jetty.
- Secondary self-contained bedroom features separate entry, kitchenette and ensuite.
- Double garaging with separate carport
- Large covered verandah off of the living areas as well as a dedicated laundry
- Established gardens of rare Australian cedars, Norfolk Island pines, Jacarandas and assorted flowering plants complement the home, whilst multiple horse paddocks, shelters and a large farm shed add to the potential uses of the land.

Contact Nathan Berlyn for further information.

Property History for 9a Bindaree St, Greenwell Point, NSW 2540

A timeline of how this property has performed in the market
Last Sold
$2,080,000
08 Dec 2023
  • 08 Dec 2023
    Sold for $2,080,000
  • 02 May 2023
    Listed for Sale For Sale Contact Agent
  • 16 Jun 2021
    Listed for Sale 2,350,000
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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 908 properties. Over the last 5 years, Houses in Greenwell Point have seen a 49.30% increase in median value, while Units have seen a 33.58% increase. As at 30 September 2024:

  • The median value for Houses in Greenwell Point is $753,066 while the median value for Units is $489,179.
  • Houses have a median rent of $565.
There are currently 15 properties listed for sale, and 1 property listed for rent in Greenwell point on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Greenwell point.

Suburb Insights for Greenwell Point 2540

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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.