SOLD
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Sold on 29 Apr 2024 for $800,000

1575 Ocean Drive
Lake Cathie NSW 2445

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 607m2
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Property Details for 1575 Ocean Dr, Lake Cathie

1575 Ocean Dr, Lake Cathie is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 607m2. 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 Lake Cathie in the last 12 months.

Building Type
House
Land Size
607m2

Last Listing description (April 2024)

Brand new to the market, and the first time offered for sale, this unique home is 'truly enchanting' and is full of character, warmth, and charm!

From the moment you step inside, you will be taken by the vaulted ceilings and exposed timber beams, while the living areas are flooded with natural light!

The versatile floorplan offers different living configurations to suit your lifestyle!

Downstairs features a central living area with an oversized adjoining sunroom, that would be perfect for a pool table, or for entertaining family and friends. Two generous bedrooms and a conveniently located bathroom, plus separate dining and a large dedicated space for a home office and/or kids play room.

Follow the timber staircase to the the master suite, with its high ceilings, built in wardrobe, en-suite bathroom plus masses of built in storage and a study nook!. This room is like something from a story book!

The kitchen is at the heart of the home and features an oversized walk in pantry and breakfast bar.

The property has been maintained to a very high standard, offering single drive through garage with a separate workshop, undercover entertaining area, plus an additional hard top car parking space suitable for a caravan, boat or trailer! With its twin driveways and the convenience of a turning circle making parking and access a breeze!

The gardens are landscaped and well thought out, set on a low maintenance 613m2 block, complete with garden shed and a green house.

Other Features Include;
Reverse cycle Air Conditioning
Solar hot water
Ceiling Fans

Ideal location;
400 metres to Woolworths Shopping Complex & specialty stores
400 metres to Lake Cathie Tavern
900 metres to Middle Rock Beach

This is a property that must be viewed to be appreciated, and would also be perfectly suited as a holiday rental or AirBnB given its original features, story book character, and the location, being opposite the beach and walking distance to shops etc.

Rates: $2700 per annum (approx)
Rental Return: $550 - $570 per week (approx)

All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must rely on their own enquiries.

Property Code: 1855

Property History for 1575 Ocean Dr, Lake Cathie, NSW 2445

A timeline of how this property has performed in the market
Last Sold
$800,000
29 Apr 2024
  • 02 Apr 2024
    Sold for $800,000
  • 28 Feb 2024
    Listed for Sale $770,000 - $830,000
  • 08 Dec 2023
    Sold

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About Lake Cathie 2445

The size of Lake Cathie is approximately 18.4 square kilometres. It has 6 parks covering nearly 50.6% of total area. The population of Lake Cathie in 2011 was 2,997 people. By 2016 the population was 3,506 showing a population growth of 17.0% in the area during that time. The predominant age group in Lake Cathie is 60-69 years. Households in Lake Cathie are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lake Cathie work in a professional occupation. In 2011, 73.7% of the homes in Lake Cathie were owner-occupied compared with 78.2% in 2016.

Lake Cathie has 2,587 properties. Over the last 5 years, Houses in Lake Cathie have seen a 58.24% increase in median value, while Units have seen a 51.77% increase. As at 31 October 2024:

  • The median value for Houses in Lake Cathie is $949,088 while the median value for Units is $576,078.
  • Houses have a median rent of $690 while Units have a median rent of $495.
There are currently 37 properties listed for sale, and 3 properties listed for rent in Lake cathie on OnTheHouse. According to CoreLogic's data, 141 properties were sold in the past 12 months in Lake cathie.

Suburb Insights for Lake Cathie 2445

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Contact agent
Debbi Phillips
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Lake Cathie Bonny Hills Real Estate
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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.