OFF MARKET

17 Yambo Street
Morisset NSW 2264

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Land area: 1012m2
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Property Details for 17 Yambo St, Morisset

17 Yambo St, Morisset is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Land Size
1012m2
Local Government
Lake Macquarie
Lot/Plan
19/8/DP758707

Last Listing description (June 2023)

Conveniently located in the high growth suburb of Morisset with easy access to/from the M1, all whilst set in the thriving City of Lake Macquarie; is this generous property with land size comprising of over 1000sqm.

Offering endless options for future development, with the added benefits of dual street access from Yambo Street and Lindon Lane.

The older 3 bedroom home could be freshened up to offer a reasonable return whilst development approvals are sought. The property is also with a detached shed and easy vehicle access to the entire block.

The ideal position is within a 5-10 minute walk into CBD facilities including retail and office precincts, train station, medical super clinic, banks, restaurants/cafes, local schools and sporting grounds. Also within a 5km radius to the Morisset Industrial Estate & Business Park, proposed Cedar Mill development site (planned concert venue with cafes and restaurants), the M1 Motorway and to the shores of Lake Macquarie on Morisset Peninsula where you can be treated with activities at popular Trinity Point Marina and 8 at Trinity Restaurant.

The MU1 Mixed Use Zone is intended to complement and enhance the activity of the local and regional centres, and to serve as a transition between the centre and surrounding residential zones. The preferred mix of land uses is either business or office premises, retail premises, or food and drink premises at street level, with office premises, shop-top housing or apartments above. Activity in the centre should be supported by development of community, recreational, educational, entertainment, tourist and open space facilities.

More information on development allowed within the MU1 Mixed Use zone can be found at https://www.lakemac.com.au/Development or by contacting Lake Macquarie City Council.

Please contact Natalie on 0424 639 821 for more details.

Property History for 17 Yambo St, Morisset, NSW 2264

A timeline of how this property has performed in the market
Last Sold
$900,000
09 Jun 2023
Listed for Rent
$480/w
05 Sep 2023
  • 24 Aug 2023
    Listed for Rent $480 / week
  • 09 Jun 2023
    Sold for $900,000
  • 24 May 2023
    Listed for Sale Price Guide: $850,000
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About Morisset 2264

The size of Morisset is approximately 26.9 square kilometres. It has 25 parks covering nearly 50.9% of total area. The population of Morisset in 2011 was 2,856 people. By 2016 the population was 3,237 showing a population growth of 13.3% in the area during that time. The predominant age group in Morisset is 70-79 years. Households in Morisset are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Morisset work in a professional occupation. In 2011, 69.5% of the homes in Morisset were owner-occupied compared with 63.2% in 2016.

Morisset has 2,885 properties.

    There are currently 30 properties listed for sale, and 10 properties listed for rent in Morisset on OnTheHouse. According to CoreLogic's data, 125 properties were sold in the past 12 months in Morisset.

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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.