SOLD
Sold on 31 Oct 2023 for $2,100,000

784 Pacific Highway
Marks Point NSW 2280

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3070m2
Land area: 3086m2
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Property Details for 784 Pacific Hwy, Marks Point

784 Pacific Hwy, Marks Point is a 0 bedroom, 0 bathroom House. The property has a land size of 3086m2 and floor size of 3070m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 0 bedroom House sold in Marks Point in the last 12 months.

Building Type
House
Floor Size
3070m2
Land Size
3086m2
Local Government
Lake Macquarie
Lot/Plan
52/DP538590

Last Listing description (May 2019)

Palms Lodge comprises a 16 unit motel with live in caretaker quarters, a 13 metre in ground pool, large barbecue area and parking for motor homes, boats and caravans. All rooms have been totally renovated and the motel re-opens to the public mid November. Palms Lodge provides the perfect opportunity for the owner/operator to live comfortably on site and maange the totally renovated motel whilst enjoying a great lifestyle in Lake Macquarie.
The subject property is located on the western side of the Pacific Highway, Marks Point. Situated just minutes from Lake Macquarie, the beach, shops and golf course, this is the ideal location.
The site is zoned Medium Density R3; a Development Application for 15 townhouses can be submitted to provide the purchaser with a ready-made option to redevelop the property (STCA).

For Sale - $2,500,000

Property History for 784 Pacific Hwy, Marks Point, NSW 2280

A timeline of how this property has performed in the market
Last Sold
$2,100,000
31 Oct 2023
Listed for Rent
$400/w
16 Jan 2016
  • 31 Oct 2023
    Sold for $2,100,000
  • 23 Oct 2019
    Listed for Sale $2,500,000 Neg.
  • 28 Apr 2016
    Listed for Sale $2,500,000
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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 1,012 properties.

    There are currently 6 properties listed for sale, and 3 properties listed for rent in Marks point on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Marks point.

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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.