OFF MARKET

7/55 Magnus Street
Nelson Bay NSW 2315

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 385m2
Land area: 1939m2
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Property Details for 7/55 Magnus St, Nelson Bay

7/55 Magnus St, Nelson Bay is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 1939m2 and floor size of 385m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
Unit
Year Built
2005
Floor Size
385m2
Land Size
1939m2
Local Government
Port Stephens
Lot/Plan
7/SP75527

Last Listing description (March 2017)

Where Lifestyle and Convenience Combine!
The most prestigious residential apartment complex built on the fringe of Nelson Bay s CBD offering a convenient location with views of the Bay plus luxury, space and quality beyond compare.
When you view this apartment you will be amazed at the sheer size and quality plus the convenience of parking your car in the secure double garage and taking a leisurely stroll to cafes, restaurants, shops, marina and the waterfront.

Apartment 7 is located on the third floor with secure lift access and over 385sqm of floor space plus a north facing aspect and generous balconies to take in the views, sunshine and cool sea breezes.
The apartment offers a relaxed open plan style with floor to ceiling windows to enhance the views and optimise the natural sunlight, quality kitchen with marble bench tops and marble splashbacks is complimented by stainless steel Miele appliances, gas cooking and a walk in pantry.
The king sized main bedroom features a luxurious ensuite plus his & her s walk in robes and a private balcony. The second, third and fourth bedrooms are all generous in size and 2 of these bedrooms open to a private balcony.
Ducted air-conditioning, high ceilings with ornate cornices and porcelain floor tiles throughout the living all combine to make this a truly memorable and unique place to call home.
Secure vehicle parking, indoor heated swimming pool and a wonderful community of neighbours in the complex complete the package.
Private inspections are available now, please contact Ray or Olivia today!

Property History for 7/55 Magnus St, Nelson Bay, NSW 2315

A timeline of how this property has performed in the market
Last Sold
$1,150,000
13 Mar 2017
  • 13 Mar 2017
    Sold for $1,150,000
  • 10 Jan 2017
    Listed for Sale 1,250,000
  • 08 Nov 2011
    Sold for $750,000
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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 6,058 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.

Suburb Insights for Nelson Bay 2315

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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.