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Sold on 13 Jun 2024 for $770,000

69 Chepana Street
Lake Cathie NSW 2445

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 113m2
Land area: 480m2
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Property Details for 69 Chepana St, Lake Cathie

69 Chepana St, Lake Cathie is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 480m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom House sold in Lake Cathie in the last 12 months.

Building Type
House
Floor Size
113m2
Land Size
480m2

Last Listing description (June 2024)

This immaculate cottage situated just across the road from the beach has so much potential, with beach access points in multiple locations along Chepana Street you can be walking on the beach and taking a swim in no time.

Featuring an immaculate 2 bedroom cottage with new kitchen and bathroom and spacious undercover patio area. It has the potential to be extended out front and still have a large frontage for a potential pool or fence for privacy and a courtyard. (STCA) You could potentially build a double storey home in front of the cottage providing a second income or housing for parents or teenagers.

If you're not ready to move in yet, you can start by renting out the cottage or using it as a holiday home. Later, you have the option to renovate, or even demolish the cottage and build your dream home. A double storey design could offer potential ocean glimpses.

Located in popular Chepana Street, a leisurely stroll to Woolworths Shopping precinct, Lake Cathie Family Tavern, offering great food and entertainment, Post Office, Pharmacy, Bakery, and public transport.
And a mere 20minute drive to the hub of Port Macquarie.

Standout features:

- Newly renovated kitchen and bathroom
- Spacious undercover patio area
- Carport for car or boat
- Da approval to extend front of existing cottage
- Popular Chepana Street location
- Short walk to all Lake Cathie amenities
- Close to beach access point

This property is priced to sell quickly, so don't delay it will not last long.

Property Details:
Council Rates: $2,970 pa
Land Size: 480sqm
Rental Potential: $450 to $500 per week

DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

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Property History for 69 Chepana St, Lake Cathie, NSW 2445

A timeline of how this property has performed in the market
Last Sold
$770,000
13 Jun 2024
Listed for Rent
$210/w
28 Apr 2009
  • 13 Jun 2024
    Sold for $770,000
  • 29 May 2024
    Listed for Sale $770,000
  • 02 Feb 2012
    Sold for $280,000
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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 2,594 properties. Over the last 5 years, Houses in Lake Cathie have seen a 49.24% increase in median value, while Units have seen a 61.63% increase. As at 30 November 2024:

  • The median value for Houses in Lake Cathie is $953,429 while the median value for Units is $607,323.
  • Houses have a median rent of $700 while Units have a median rent of $600.
There are currently 35 properties listed for sale, and 4 properties listed for rent in Lake cathie on OnTheHouse. According to CoreLogic's data, 134 properties were sold in the past 12 months in Lake cathie.

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Mary Catterall
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Lisa Dixon
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Elders Real Estate Camden Haven
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