OFF MARKET

59 Marks Point Road
Marks Point NSW 2280

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 102m2
Land area: 384m2
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Property Details for 59 Marks Point Rd, Marks Point

59 Marks Point Rd, Marks Point is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 384m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in September 2003.

Building Type
House
Floor Size
102m2
Land Size
384m2
Local Government
Lake Macquarie
Lot/Plan
B/DP379797

Last Listing description (July 2018)

If you want to live close to the water and would really like an income at the same time then you need to look at this property. Offering the unique opportunity of a business that is currently tenanted at $270 per week for a 3 year term, as well as a 2 bedroom home to live in or rent for a potential return of $350 per week.
Included in the house:
- Formal lounge

- High ceilings throughout
- Kitchen renovated
- Linen press
- Bathroom renovated
- Main bedroom with built in robe
- Second bedroom
- Laundry freshly painted
- Instantaneous gas hot water
- 2nd toilet for shop
- Double garage
- Shop has one garage and house the other garage
If you are looking to enter into the market or looking for an investment then look no further. Located near to the lake, ocean, Belmont Golf Course, small shopping village, schools and public transport. Make it a priority to view. Potential rental return of $620 per week or rent the shop out and live in the 2 bedroom house. The options are endless with this property.

Property History for 59 Marks Point Rd, Marks Point, NSW 2280

A timeline of how this property has performed in the market
Last Sold
$320,000
23 Sep 2003
  • 19 Feb 2018
    Listed for Sale Price Guide $600,000 - $660,000
  • 23 Sep 2003
    Sold for $320,000
  • 23 Aug 1991
    Sold for $130,000

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About Marks Point 2280

The size of Marks Point is approximately 1.5 square kilometres. It has 6 parks covering nearly 18.8% of total area. The population of Marks Point in 2011 was 1,731 people. By 2016 the population was 1,814 showing a population growth of 4.8% in the area during that time. The predominant age group in Marks Point is 60-69 years. Households in Marks Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marks Point work in a professional occupation. In 2011, 53% of the homes in Marks Point were owner-occupied compared with 55% in 2016.

Marks Point has 1,005 properties. Over the last 5 years, Houses in Marks Point have seen a 66.23% increase in median value, while Units have seen a 57.68% increase. As at 31 October 2024:

  • The median value for Houses in Marks Point is $994,076 while the median value for Units is $606,478.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 7 properties listed for sale, and 1 property listed for rent in Marks point on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Marks point.

Suburb Insights for Marks Point 2280

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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.