70 Magnus StreetNelson Bay NSW 2315
Property Details for 70 Magnus St, Nelson Bay
70 Magnus St, Nelson Bay is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1975. The property has a land size of 490m2 and floor size of 198m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (February 2022)
Situated on a 490m2 block of land within the surrounds of Nelson Bay BCD, sits this three-bedroom, two-bathroom property.
This residence offers endless potential, it would be the perfect renovation, you could build your dream home or an awesome redevelopment opportunity (STCA), whilst offering glistening water views over Nelson Bay waterways and beyond to Nelson Bay Marina.
Zoned R3 Medium Density Residential with a 15m height restriction, this site offers the potential to build a 3 level apartment building (STCA) which will also provide spectacular ocean views across the bay.
Situated just a 3 minute walk to Nelson Bay Marina and the beach, and an approx. 5 minute walk to the retail shopping precinct, Woolworths, cafes and restaurants.
Please contact Dane on 0412 351 819, Erin on 0499 912 311 or Georgia on 0423 377 800 for a full information on this spectacular property today.
***Health & Safety Measures are in place for all Private Inspections and open homes (when permitted)
***All inspection attendees will have to complete a COVID-19 Application for Private Inspections Form and adhere to Service NSW regulations as necessary
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Property History for 70 Magnus St, Nelson Bay, NSW 2315
- 28 Sep 2021Listed for Sale Expressions of Interest
- 27 Apr 2021Sold for $2,200,000
- 20 Oct 1997Sold for $375,000
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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 6,057 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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