89 Promontory WayNorth Arm Cove NSW 2324
Property Details for 89 Promontory Way, North Arm Cove
89 Promontory Way, North Arm Cove is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 990m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (March 2022)
Imagine waking up to uninterrupted water views; then walking from your bed, over the lawn and onto the sandy beach for your early morning kick start to the day! Swim in the pristine waters of Port Stephens from this small beach hideaway that very few know about. Or maybe your preference is a stand up paddle; joining the turtles and other native wildlife as they also welcome in the new day. This could be your new reality. These properties rarely come onto the market so don't waste time - organise a trip to inspect asap! Here you will find a single level brick dwelling set just 40m (approx) back from the beach and adjacent reserve.
There are 2 good sized double bedrooms, a generous kitchen with pantry and a large open plan living/ & dining area. The bedrooms and living area all open to the outdoor verandah with those brilliant views of the beach and water.
There is a large lock up garage with auto door offering enough space for storage and workbench, and the on-site septic system is an enviro-cycle. The house will need some updating and elbow grease - but this is an opportunity to snap up something not all real estate has - and that's LOCATION, LOCATION, LOCATION.
Just 2 hours north of Sydney on the M1, or less than an hour out of Newcastle this will make an ideal weekender/holiday home; or that perfect 'work-from-home' where you can combine your office with resort style living whilst being within an easy drive of 'Head Office'. North Arm Cove is a small community on the shores of Port Stephens with less than 300 homes, natural bushland, wildlife & plenty of marine life.
Inspection by appointment only Monday - Saturday.
Property History for 89 Promontory Way, North Arm Cove, NSW 2324
- 23 Mar 2021Listed for Sale $850,000
- 09 Feb 2021Sold for $778,000
- 14 Dec 2020Listed for Sale UNDER CONTRACT/OFFER
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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 3,052 properties. Over the last 5 years, Houses in North Arm Cove have seen a 47.46% increase in median value, while Units have seen a 119.26% increase. As at 31 August 2024:
- The median value for Houses in North Arm Cove is $679,321 while the median value for Units is $531,688.
- Houses have a median rent of $613.
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