SOLD
RECENT ADVICE
Sold on 12 Feb 2024 for $525,000

2/40 Magnus Street
Nelson Bay NSW 2315

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
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Property Details for 2/40 Magnus St, Nelson Bay

2/40 Magnus St, Nelson Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Nelson Bay in the last 12 months.

Building Type
Unit
Floor Size
59m2

Last Listing description (February 2024)

Welcome to your ideal coastal retreat! This centrally located 2-bedroom unit in Nelson Bay offers a perfect blend of convenience and tranquility.

Situated just a leisurely 350m stroll from the pristine Nelson Bay beach, this property ensures that sun, sand, and surf are never far from your doorstep. The Nelson Bay town centre is a mere 800m away, providing easy access to a vibrant hub of dining, shopping, and entertainment. Additionally, the renowned d'Albora Marina is within a 700m reach, offering a picturesque backdrop for your coastal lifestyle.

The unit's open-plan layout seamlessly merges the kitchen, dining, and living areas, creating a spacious and inviting atmosphere. Step into a culinary haven with a brand new kitchen in a contemporary design to elevate your cooking and dining experience. The bedrooms are thoughtfully designed with comfort in mind, featuring built-in wardrobes in both bedrooms. The interiors showcase a blend of modern living with a ceiling fans, and a combination of hybrid and carpet flooring.

Enjoy the views from the north-facing balcony, overlooking the adjacent leafy green parkland. This outdoor space is an ideal spot for relaxing with a morning coffee or unwinding in the evening sun.

The property boasts practical amenities, including an extended single lock-up garage with additional storage, ensuring ample space for your belongings.

Whether you're seeking an ideal holiday retreat or a savvy investment property, this unit offers a prime location with easy access to beaches, the town centre, and marina facilities. Don't miss the opportunity to make this coastal haven your own - a perfect place to call home or a strategic addition to your investment portfolio. Embrace the coastal lifestyle in Nelson Bay!

Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without a price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing. https://www.prd.com.au/portstephens/privacy-terms-conditions/

Property History for 2/40 Magnus St, Nelson Bay, NSW 2315

A timeline of how this property has performed in the market
Last Sold
$525,000
12 Feb 2024
Listed for Rent
$360/w
28 Feb 2020
  • 12 Feb 2024
    Sold for $525,000
  • 25 Jan 2024
    Listed for Sale Auction, if not sold prior
  • 29 Sep 2022
    Sold for $545,000
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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 6,060 properties. Over the last 5 years, Houses in Nelson Bay have seen a 63.78% increase in median value, while Units have seen a 69.78% increase. As at 31 October 2024:

  • The median value for Houses in Nelson Bay is $1,011,265 while the median value for Units is $725,965.
  • Houses have a median rent of $570 while Units have a median rent of $500.
There are currently 79 properties listed for sale, and 8 properties listed for rent in Nelson bay on OnTheHouse. According to CoreLogic's data, 262 properties were sold in the past 12 months in Nelson bay.

Suburb Insights for Nelson Bay 2315

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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.