11/12 Blanch St, Lemon Tree Passage is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1994. The property has a land size of 6132m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in March 2018.
This top-quality single level unit is superbly located 300 metres from the waters of Port Stephens and only metres to local 'Koala Reserve'& popular walking trails. The property is currently occupied by superb tenants who are on a 'fixed-term' lease and would be happy to sign a further option for another 12 months. Current gross annual return is approximately $18,720. The unit features large combined lounge / dining / kitchen area; single garage (internal access & remote 'door-opener'); 3 bedrooms (with built-ins); large bathroom; laundry (with 2nd toilet) and level fenced & very nicely landscaped courtyard (including a 'pergola-style' paved BBQ area. Includes separate air conditioning units in the lounge area & main bedroom); stainless steel appliances; good floor coverings & terrific presentation throughout. Terrific opportunity to buy into the investor market at a highly competitive price in this strong market. Only a short stroll to the Bowling Club & other local amenities. Inspections are highly recommended.
The size of Lemon Tree Passage is approximately 3.2 square kilometres. It has 17 parks covering nearly 20.5% of total area. The population of Lemon Tree Passage in 2011 was 2,547 people. By 2016 the population was 2,600 showing a population growth of 2.1% in the area during that time. The predominant age group in Lemon Tree Passage is 60-69 years. Households in Lemon Tree Passage are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lemon Tree Passage work in a trades occupation. In 2011, 66.2% of the homes in Lemon Tree Passage were owner-occupied compared with 68.9% in 2016.
Lemon Tree Passage has 1,554 properties. Over the last 5 years, Houses in Lemon Tree Passage have seen a 50.64% increase in median value, while Units have seen a 76.58% increase. As at 28 February 2025:
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