This is an excellent opportunity to secure a large 696m2 block offering dual street access and located in a quiet leafy setting.
Bursting with potential, you could build your dream home or construct a townhouse development (STCA). This is the perfect opportunity to live by the coast.
The block is gently sloping, surrounded by quality homes and is centrally located, just 5 minutes' drive from Nelson Bay CBD, Marina, Dutchman's beach, restaurants, cafes and local schools.
A rare investment opportunity.
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.
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 6,068 properties. Over the last 5 years, Houses in Nelson Bay have seen a 73.30% increase in median value, while Units have seen a 43.45% increase. As at 31 July 2024:
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