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Sold on 04 Dec 2024 for $500,000

1/118 Government Road
Nelson Bay NSW 2315

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
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Aspect Port Stephens
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Property Details for 1/118 Government Rd, Nelson Bay

1/118 Government Rd, Nelson Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Nelson Bay in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
78m2
Local Government
Port Stephens

Last Listing description (December 2024)

Occupying a prominent position right between the picturesque Dutchman's Beach & Bagnall Beach, this residence enjoys low maintenance living with walk to everywhere convenience?Welcome to 1 / 118 Government Road, Nelson Bay.

Full of character and featuring neutral interiors that create a soothing ambiance throughout. This residence offers outstanding potential to recreate and add your personal touch whilst the flexible floorpan & layout allows for multiple uses and family arrangements.

Enjoy year round sunshine from the northerly aspect whilst the light-filled kitchen and living areas provide an inviting atmosphere for both relaxation and indoor / outdoor entertainment.

Property Features Include:
- Two generously sized bedrooms with flexibility to reconfigure to add a third bedroom
- One renovated bathroom
- Light-filled kitchen with plenty of storage
- Spacious upstairs living area that could be used as a third bedroom
- Second living area / sunroom upstairs
- Lovely north facing water views from the top level
- Low maintenance outdoor entertaining area / back yard equipped with a spa bath
- Fully fenced yard
- Off-street parking for three vehicles
- Approx. 220m to Dutchman's Beach
- Approx. 240m to Bagnalls Beach
- Approx. 980m to Nelson Bay CBD

Immerse yourself into the coastal lifestyle, footsteps from pristine local beaches and the Nelson Bay CBD, ideal for the savvy buyer wanting to park the car and walk to all the necessities.

The Aspect Selling Team look forward to helping you on your property journey.

Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

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Property History for 1/118 Government Rd, Nelson Bay, NSW 2315

A timeline of how this property has performed in the market
Last Sold
$500,000
04 Dec 2024
Listed for Rent
$295/w
01 Nov 2018
  • 04 Dec 2024
    Sold for $500,000
  • 16 Oct 2024
    Listed for Sale GUIDE | $489K - $535K

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About Nelson Bay 2315

The size of Nelson Bay is approximately 15.8 square kilometres. It has 24 parks covering nearly 56% of total area. The population of Nelson Bay in 2011 was 5,396 people. By 2016 the population was 5,811 showing a population growth of 7.7% in the area during that time. The predominant age group in Nelson Bay is 60-69 years. Households in Nelson Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nelson Bay work in a trades occupation. In 2011, 61.4% of the homes in Nelson Bay were owner-occupied compared with 63.6% in 2016.

Nelson Bay has 6,074 properties. Over the last 5 years, Houses in Nelson Bay have seen a 61.98% increase in median value, while Units have seen a 75.25% increase. As at 30 November 2024:

  • The median value for Houses in Nelson Bay is $1,019,970 while the median value for Units is $730,704.
  • Houses have a median rent of $555 while Units have a median rent of $500.
There are currently 73 properties listed for sale, and 13 properties listed for rent in Nelson bay on OnTheHouse. According to CoreLogic's data, 281 properties were sold in the past 12 months in Nelson bay.

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