OFF MARKET

67 Promontory Way
North Arm Cove NSW 2324

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Land area: 1451m2
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Property Details for 67 Promontory Way, North Arm Cove

67 Promontory Way, North Arm Cove is a 3 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 1451m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Land Size
1451m2
Local Government
Mid-Coast
Lot/Plan
838/DP9938

Last Listing description (February 2022)

Here is a chance to own your little piece of paradise; a home offering deep-water access to the Port Stephens harbour. Overlooking the calm waters of Brackens Bay it feels like you are right over the water the moment you drive through the gates. Soon after arriving you can be enjoying the calm waters of Brackens Bay, swimming, launching the boat, kayaking or dropping a line in for dinner.

Set in the coastal village of North Arm Cove, less than 2 hours from Sydney on the M1 (Wahroonga), and under an hour from Newcastle; this is the perfect escape from life in the city. Located within a small private circuit in Promontory Way, the home has a gated frontage to access the property and it's waterfront. The home has recently been updated & freshly painted throughout, offering three bedrooms and open plan living. The master bedroom enjoy spectacular views of the water, and features an en-suite and walk through robe. There are two other bedrooms as well as the family bathroom which includes a bath tub.

The main living area captures the view of the sparkling blue waters of Brackens Bay and beyond, and also features a fireplace - perfect for the winter months. There is a separate dining area that connects to the kitchen while there is an outdoor paradise room for summer time dining, while also offering additional space for family entertaining; or drinks while watching the spectacular sunsets as the day draws to a close. Screened with weatherproof blinds this room is wonderful year round.

The property slopes toward the water - and has been terraced and landscaped to enhance the ability to utilise each section of this large allotment. Level lawn areas make for great entertaining spaces. A key value add is the boat access, with a concrete ramp extending from the roadway all the way down to the boat launching area. Electricity is also available down at the waterside. There is a double lock up garage & further parking for the friends & relatives; the yard is fenced with front security gates and an intercom with auto open/shut feature. Other extras include a brand new roof, auto garage door, aerated waste water system, LED down-lights, and the interior has been freshly painted throughout.

This is an on-line auction which has now begun. To bid you must register via Openn Negotiation and enter a bid after formally registering with ID. The final bid stage is currently set for 17 December but if reserve is met owner may decide to bring this forward - so property can sell at any time. Included in attached documents is a list of recent sales to assist in determining what bid you may pursue. We will only accept bids that are in the best interest of the vendor.

Property History for 67 Promontory Way, North Arm Cove, NSW 2324

A timeline of how this property has performed in the market
Last Sold
$1,520,000
16 Dec 2021
Listed for Rent
$265/w
03 Feb 2007
  • 16 Dec 2021
    Sold for $1,520,000
  • 17 Nov 2021
    Listed for Sale Not Disclosed
  • 13 Dec 2020
    Listed for Sale Guide $950K-$1.050M
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About North Arm Cove 2324

The size of North Arm Cove is approximately 48.3 square kilometres. It has 1 park. The population of North Arm Cove in 2011 was 291 people. By 2016 the population was 442 showing a population growth of 51.9% in the area during that time. The predominant age group in North Arm Cove is 60-69 years. Households in North Arm Cove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Arm Cove work in a professional occupation. In 2011, 75.3% of the homes in North Arm Cove were owner-occupied compared with 72.8% in 2016.

North Arm Cove has 3,056 properties. Over the last 5 years, Houses in North Arm Cove have seen a -85.30% decrease in median value, while Units have seen a 119.26% increase. As at 31 October 2024:

  • The median value for Houses in North Arm Cove is $63,423 while the median value for Units is $560,748.
  • Houses have a median rent of $575.
There are currently 35 properties listed for sale, and no properties listed for rent in North arm cove on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in North arm cove.

Suburb Insights for North Arm Cove 2324

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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.