OFF MARKET

55 Nethercote Street
Mollymook NSW 2539

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 123m2
Land area: 957m2
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Property Details for 55 Nethercote St, Mollymook

Building Type
Land
Year Built
2021
Floor Size
123m2
Land Size
957m2
Local Government
Shoalhaven
Lot/Plan
20/DP1243150

Last Listing description (August 2021)

Located in the new Summerfields Estate in Mollymook, this CDC approved duplex opportunity sits on 807.8sqm residential block and is situated in a North Aspect elevated position.

- No easements to the allotment maximises your building choices
- Central location, close to all the conveniences that Mollymook has to offer

- Within walking distance to beautiful Mollymook Beach
- A prime piece of real estate that is a rare find in this market
- To be auctioned through the online platform "Reso", closing Friday 30th July @ 1:30pm.

The site has a CDC approval for an architecturally designed duplex, with the following details:

- The development consists of 2 x 3 Bedrooms with Media/4th Bedroom Duplex's
- Each unit has an ensuite, open plan kitchen, dining and living areas, media room, outdoor entertaining terrace with stacker doors, secure car spaces an landscaped gardens.
-Through a clever design both homes boast natural light from all sides with the only intertenancy wall being adjoined to the garage.
- High outset of the rear of the property will allow plenty of under house storage

With a high demand for centrally located sites, this opportunity is ready to build and therefore reducing holding costs making it a very attractive investment opportunity

This listing is powered by RESO - Real Estate Sales Online is an online platform enabling you to view all property information and make an offer 24/7 online, anywhere, anytime and on any device. Final offers must be submitted through the RESO platform by 1.30pm Friday 30th July 2021. Message me for an SMS invite for instant access.

Plans available on request

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Property History for 55 Nethercote St, Mollymook, NSW 2539

A timeline of how this property has performed in the market
Last Sold
$350,000
06 Jul 2020
  • 16 Jul 2021
    Listed for Sale Expressions of Interest
  • 06 Jul 2020
    Sold for $350,000
  • 14 Oct 2019
    Listed for Sale $724,400
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About Mollymook 2539

The size of Mollymook is approximately 1.8 square kilometres. It has 8 parks covering nearly 25.4% of total area. The population of Mollymook in 2011 was 1,184 people. By 2016 the population was 1,068 showing a population decline of 9.8% in the area during that time. The predominant age group in Mollymook is 60-69 years. Households in Mollymook are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mollymook work in a professional occupation. In 2011, 76.8% of the homes in Mollymook were owner-occupied compared with 73.9% in 2016.

Mollymook has 1,226 properties. Over the last 5 years, Houses in Mollymook have seen a 77.67% increase in median value, while Units have seen a 72.83% increase. As at 31 August 2024:

  • The median value for Houses in Mollymook is $1,066,615 while the median value for Units is $692,235.
  • Houses have a median rent of $640 while Units have a median rent of $453.
There are currently 37 properties listed for sale, and 2 properties listed for rent in Mollymook on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Mollymook.

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