SOLD
Sold on 30 Aug 2024 for $2,950,000

10/55 Magnus Street
Nelson Bay NSW 2315

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Land area: 1939m2
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Sold By
Raine & Horne Port Stephens
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Property Details for 10/55 Magnus St, Nelson Bay

10/55 Magnus St, Nelson Bay is a 5 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 2005. The property has a land size of 1939m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 5 bedroom Unit sold in Nelson Bay in the last 12 months.

Building Type
Unit
Year Built
2005
Land Size
1939m2
Local Government
Port Stephens
Lot/Plan
10/SP75527

Last Listing description (October 2024)

Maybe once in a decade does a unit in arguably the best & most recognised Luxury Apartment Complex in the whole of Port Stephens become available, now is your chance to own this incredible 5 bedroom apartment that is the size of a family home in the sky.

Situated on the 4th floor is this magnificent sub-penthouse, with the alfresco atrium as its stand out feature. Boasting 270 degree views of the water and CBD below, this apartment is spectacular in appearance and design, and is in a private and fully secured building, with ducted air conditioning, a lift & full intercom security system.

This amazing unit is truly huge with over 482m2 of living space, with 3 lounge areas, 3 bathrooms plus 2 powder rooms and a massive wrap around balcony with an undercover alfresco entertaining area, ideal for those New Years Eve parties to watch the fireworks over the Bay with the family.

Featuring 5 double sized bedrooms, with 2 of the bedrooms opening onto private balconies and have their own ensuites, the gourmet kitchen is designed for hosting large parties with a large walk-in pantry plus the bonus of a cool room. The panoramic water views by day are beautiful, by night time the lights of the CBD are simply stunning through the massive floor to ceiling windows .

The Magnus has an Internal heated swimming pool, a communal games room, car washing bay, plus a 3 car garage with storage.
All within the heart of the CBD with its vibrant cafes and restaurants, and only moments from the Marina and the Beach.

Only with a private inspection will you be able to grasp the sheer magnitude of this unit. Call Bonnie today on 0429 941 604.

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Property History for 10/55 Magnus St, Nelson Bay, NSW 2315

A timeline of how this property has performed in the market
Last Sold
$2,950,000
30 Aug 2024
  • 30 Aug 2024
    Sold for $2,950,000
  • 30 Jul 2024
    Listed for Sale Auction Unless sold prior
  • 30 Aug 2016
    Sold for $1,500,000
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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 6,077 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 80 properties listed for sale, and 13 properties listed for rent in Nelson bay on OnTheHouse. According to CoreLogic's data, 278 properties were sold in the past 12 months in Nelson bay.

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