21 Montevideo ParadeNelson Bay NSW 2315
Property Details for 21 Montevideo Pde, Nelson Bay
21 Montevideo Pde, Nelson Bay is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1955. The property has a land size of 651m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (August 2023)
This is a unique opportunity to secure a great investment in a prime location.
Featuring a home & separate studio on the one large block which is just perfect for the extended family or families who want grandma or grandpa to live on site with them, or simply live in the studio whilst you renovate/or re-build your dream home. Both home & studio are currently under lease with income of $905 per week.
The lovely elevated sun filled home from the 60's has loads of potential with 2 bedrooms with built-ins, timber floor boards, open plan lounge with some water views to Tomaree headland, air conditioning and an immaculate original pink bathroom plus a single car garage.
At the rear of the property with its own side access is a modern brick single level spacious 1 bedroom studio with built-ins, 1 bath, own laundry, with split cycle air conditioning.
All set on a fully fenced 647 m2 block close to Shoal Bay beach, Nelson Bay RSL, Little Beach & its boat Ramp.
Every care has been taken to verify the accuracy of the information contained in this advertising copy but no warranty (either expressed or implied) is given by Raine & Horne or its agent as to the accuracy of the contents. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property.
Property History for 21 Montevideo Pde, Nelson Bay, NSW 2315
- 29 Jun 2023Sold for $1,000,000
- 06 Jun 2023Listed for Sale For Sale $980,000 - $1,070,000
- 13 Oct 2021Listed for Rent $440 / week
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0About 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 6,063 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.
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