40 Macgibbon Pde, Old Erowal Bay is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 1288m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in November 2012.
Presented by Rhys Bennett and Christopher O'Brien from One Agency Elite Property Group. This property is not just a homeit's a proven holiday rental success, offering immediate momentum for the savvy investor. Located in a prime spot, backing onto bushland, and just a 5-minute drive to the beach, with a short stroll to shopping centers, this is a rare opportunity to secure a substantial landholding in an unbeatable location.Step into a slice of paradise with this exceptional property that perfectly blends indoor and outdoor living. Imagine hosting unforgettable gatherings in the enormous covered entertainment area, complete with a built-in pizza oven, outdoor shower, BBQ zone, and abundant seating. Fully landscaped, this tranquil oasis boasts views of a sparkling pool and lush greenery that will transport you to Bali. The serene setting is enhanced by soothing water features, ample yard space, and even your own private putt putt course nestled at the back. Start your day at the stylish breakfast bar, where pass-through sliding kitchen windows open up to stunning backyard views, seamlessly connecting your kitchen to an expansive outdoor haven. High ceilings throughout and a large, family-sized kitchen with ample storage complete this perfect retreat. Dont miss your chance to own this extraordinary property!Key features:- Consistent high performer in the short term holiday market- Fully landscaped offering amazing privacy and ambience- Generous layout with plenty of space for large families or multi-family holidays- Perfectly located next to the bush and 5 mins to the beach - Shops just a short drive down the road- Huge block with pool house and putt putt golf course
The size of Old Erowal Bay is approximately 0.8 square kilometres. It has 2 parks covering nearly 2.9% of total area. The population of Old Erowal Bay in 2011 was 950 people. By 2016 the population was 1,047 showing a population growth of 10.2% in the area during that time. The predominant age group in Old Erowal Bay is 50-59 years. Households in Old Erowal Bay are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Old Erowal Bay work in a professional occupation. In 2011, 72.2% of the homes in Old Erowal Bay were owner-occupied compared with 68.5% in 2016.
Old Erowal Bay has 547 properties. Over the last 5 years, Houses in Old Erowal Bay have seen a 56.48% increase in median value. As at 31 October 2024:
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