SOLD
RECENT ADVICE
Sold on 02 Aug 2024 for $850,000

38/1A Tomaree Street
Nelson Bay NSW 2315

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 10994m2
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Property Details for 38/1a Tomaree St, Nelson Bay

38/1a Tomaree St, Nelson Bay is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 10994m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Unit sold in Nelson Bay in the last 12 months.

Building Type
Unit
Year Built
2006
Land Size
10994m2
Local Government
Port Stephens
Lot/Plan
38/SP77200

Last Listing description (August 2024)

Delightful Apartment currently leased through the Mantra as short stay holiday accommodation with the owners also blocking out time for personal stays!
FY 2022/23 total rent was $88799 (almost $31,000 in just December and January) Net to the owners was $38397, all furniture included.

Delight in the epitome of coastal luxury with this exquisite penthouse-level apartment at 38/1a Tomaree Street, Nelson Bay. Captivating panoramic views of Nelson Bay create the perfect backdrop to this meticulously designed three-bedroom retreat, which presents an unparalleled opportunity for discerning investors or those seeking a serene retirement or holiday haven.

Each of the three generously sized bedrooms benefits from built-in robes, while the master suite elevates the experience with a chic ensuite and seamless access to the expansive balcony, inviting you to wake up to breathtaking vistas every morning. The open-plan living and dining area is a testament to modern living, flowing elegantly onto the balcony which serves as an alfresco entertainer's dream.

The state-of-the-art kitchen doesn't fail to impress, boasting sleek stainless steel appliances, a central island bench, and sumptuous stone benchtops, catering to both casual meals and grand dinner parties with equal finesse.

Life in this premier complex is complemented by two secure car parking spaces, ducted air-conditioning for year-round comfort, and exclusive access to resort-style amenities including a sparkling pool and fully equipped gymnasium.

This property is a sanctuary of style and convenience, promising a lifestyle of ease and luxury. Whether you're an investor looking to attract high calibre tenants or a retiree searching for your slice of paradise, this sublime apartment at 38/1a Tomaree Street is the perfect place to call home.

Part of the Mantra complex with an opportunity to owner occupy or collect solid returns from the short term accommodation!

For more information or to arrange an inspection call Kale 0431 122 009

Disclaimer: Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the owner or agent. Information is gathered from sources we believe to be reliable; we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 38/1a Tomaree St, Nelson Bay, NSW 2315

A timeline of how this property has performed in the market
Last Sold
$850,000
02 Aug 2024
  • 02 Aug 2024
    Sold for $850,000
  • 13 Mar 2024
    Listed for Sale Price Guide $850,000
  • 06 Sep 2018
    Listed for Sale Not Disclosed
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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 6,061 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 76 properties listed for sale, and 7 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.

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Disclaimer
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.