OFF MARKET

121 Marmong Street
Marmong Point NSW 2284

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Floor area: 106m2
Land area: 1733m2
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Property Details for 121 Marmong St, Marmong Point

121 Marmong St, Marmong Point is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 1733m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1950
Floor Size
106m2
Land Size
1733m2
Local Government
Lake Macquarie
Lot/Plan
1/DP207496

Last Listing description (February 2022)

* Great opportunity with this beautiful near level & cleared approx 3447m2 block
* approximate 31.4m total frontage and zoned R2 Low Density
* 2 homes - potential for 3 separate rental incomes

* Currently returning $260.00 a week - Rent Potential $840.00
* Owner prefers to sell the 2 lots together but will consider separate sale to the right buyers
* Plenty of development opportunity subject to LMCC
* Short stroll to waterfront reserve parkland and water's edge
* Within minutes to cycle path, schools, and local shopping villages
* Floor Plans available on request
* Flexible inspection times available

Brilliant opportunity for any astute buyer to secure these 2 lots side by side - total block size of approximately 3447m2 and total road frontage of approximately 31.4m2, zoned R2 Low Density. The blocks currently consist of 2 homes set up to provide 3 separate incomes - great opportunity - an income whilst plans are being approved by LMCC. Owner prefers to sell properties together but will consider separate sales to the right buyers. Positioned in the beautiful lakeside suburb of Marmong Point within minutes to lakes edge, shopping centers, schools, parks, cycle track etc.

From all of us at Ray White Toronto/Lake Macquarie, we wish you every success in your search for your home. If you would like more detail on this home or to chat about one of the many other properties we have available please call or email us today.

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

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Property History for 121 Marmong St, Marmong Point, NSW 2284

A timeline of how this property has performed in the market
Last Sold
$800,000
24 Dec 2021
  • 24 Dec 2021
    Sold for $800,000
  • 30 Nov 2021
    Listed for Sale TENDER

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About Marmong Point 2284

The size of Marmong Point is approximately 0.9 square kilometres. It has 5 parks covering nearly 13.2% of total area. The population of Marmong Point in 2011 was 762 people. By 2016 the population was 759 showing a population decline of 0.4% in the area during that time. The predominant age group in Marmong Point is 50-59 years. Households in Marmong Point are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marmong Point work in a professional occupation. In 2011, 72.7% of the homes in Marmong Point were owner-occupied compared with 78% in 2016.

Marmong Point has 335 properties. Over the last 5 years, Houses in Marmong Point have seen a 63.87% increase in median value, while Units have seen a 52.85% increase. As at 31 October 2024:

  • The median value for Houses in Marmong Point is $911,224 while the median value for Units is $617,867.
  • Houses have a median rent of $568.
There are currently 1 property listed for sale, and no properties listed for rent in Marmong point on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Marmong point.

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