SOLD
Sold on 12 Nov 2023 for $1

5 Bank Lane
Mcmahons Point NSW 2060

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 186m2
Land area: 159m2
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Property Details for 5 Bank Lane, Mcmahons Point

5 Bank Lane, Mcmahons Point is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1988. The property has a land size of 159m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Mcmahons Point in the last 12 months.

Building Type
House
Year Built
1988
Floor Size
186m2
Land Size
159m2
Local Government
North Sydney
Lot/Plan
2/DP707267

Last Listing description (June 2022)

A secluded Torrens-title oasis hidden within cosmopolitan McMahons Point, this masterfully renovated tri-level terrace house adjoins the sprawling grounds of Graythwaite House creating an idyllic outlook and instilling a sense of leafy privacy. Set along a charming, paved cul-de-sac, discover the endless convenience of this picturesque community-minded pocket.

Perfectly orientated, filtered northern light streams into the living room from the landscaped backyard. Surrounded by nature, the neighbouring treetops are home to native birdlife. Three sets of French doors open out to the north-facing rear courtyard with two more French doors opening to the front balcony. United by heated Travertine tiles, the expansive living area has been superbly appointed and is ideal for large scale entertaining.

Currently configured as a fourth bedroom with ensuite, the 29sqm top floor retreat is also versatile to utilise as a second living space or as a work from home studio. The master bedroom looks out to a wall of greenery through three large windows and incorporates two sets of built-in robes and an ensuite.

Explore the natural beauty of this idyllic harbourside enclave, stroll down to the foreshore walking trails around Sawmill Reserve, Balls Head Reserve and circling Lavender Bay. North Sydney and Waverton train stations are also within walking distance of this enviable address, travel into the city centre in a matter of minutes.

Innovative open-plan study station with storage and built-in desk
Stone countertops in the family sized kitchen, balcony amid the treetops
AEG induction cooktop, pyrolytic oven, steam oven and Bosch dishwasher
Ample breakfast bar seating, double sink with practical pull out mixer tap
Built-in robes in all bedrooms, master with ensuite and relaxing outlook
Upper level versatile as a second master, extra living area or home office
Three heated marble bathrooms, top floor bathroom with heated towel rail
Walk-in shower recesses and ceiling mounted shower heads, vast storage
LED strip lighting highlighting the architectural ceiling details, art display niches
Guest powder room, under-stair storage and a walk-in laundry room
Gas bayonets, ducted air-conditioning, glass balustrading on the stairs
Video intercom system, roofline storage.
Two lock-up garages plus storage, 24hr on-street parking on Bank Street
180m to local eateries on Union Street, 500m to Blues Point Road cafes
700m to Waverton Train Station, 800m to North Sydney Train Station
Surrounded by leading schools such as Shore, Wenona and Monte St Angelo

* All information contained herein is gathered from sources we consider to be reliable, however we cannot guarantee or give any warranty to the information provided.
Our recommended loan broker: https://www.loanmarket.com.au/matt-clayton

For more information or to arrange an inspection, please contact Ross Nesdale on 0452 030 872.

Property History for 5 Bank Lane, Mcmahons Point, NSW 2060

A timeline of how this property has performed in the market
Last Sold
$1
12 Nov 2023
  • 12 Nov 2023
    Sold for $1
  • 12 May 2022
    Sold for $3,860,000
  • 21 Apr 2022
    Listed for Sale Auction - Contact Agent
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About Mcmahons Point 2060

The size of Mcmahons Point is approximately 0.4 square kilometres. It has 9 parks covering nearly 12.5% of total area. The population of Mcmahons Point in 2011 was 2,344 people. By 2016 the population was 2,284 showing a population decline of 2.6% in the area during that time. The predominant age group in Mcmahons Point is 30-39 years. Households in Mcmahons Point are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mcmahons Point work in a professional occupation. In 2011, 45.8% of the homes in Mcmahons Point were owner-occupied compared with 45.7% in 2016.

Mcmahons Point has 1,794 properties. Over the last 5 years, Houses in Mcmahons Point have seen a 14.02% increase in median value, while Units have seen a 33.56% increase. As at 30 September 2024:

  • The median value for Houses in Mcmahons Point is $3,773,486 while the median value for Units is $1,623,318.
  • Houses have a median rent of $1,295 while Units have a median rent of $700.
There are currently 2 properties listed for sale, and 7 properties listed for rent in Mcmahons point on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Mcmahons 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.