74-76 Macgibbon ParadeOld Erowal Bay NSW 2540
Property Details for 74-76 Macgibbon Pde, Old Erowal Bay
74-76 Macgibbon Pde, Old Erowal Bay is a 3 bedroom, 2 bathroom House. The property has a land size of 1410m2.
Last Listing description (November 2023)
Extremely rare opportunity to secure a potential packed property that offers two blocks of land that are currently rated as one. The original cottage is in need of renovation/repairs to restore to its former glory.
*3 bedrooms, 2 bathrooms, huge deck & tranquil outlook.
*Total land size is 1410m2, lot 7 = 683m2, lot 8 = 727m2.
*Two lots currently rated as one and held in the same folio.
*Ideal renovators delight or knock it down and rebuild.
*Potential to build luxury duplex or multiple homes (stca).
*3 mins drive to Home Co with Woolworths, Aldi & more.
*Approx. 10 mins to your choice of cafes & restaurants.
*Jervis Bay's beaches are located approx 5-7 mins away.
Don't let this one slip through your fingers, opportunities such as this are rarely seen in this tightly held coastal village.
All enquiries or to book a private inspection please contact Scott Morton on 0405 227 987, Ashton Haddy-Morton on 0408 162 849 or you can contact our office on 44417 514.
Property History for 74-76 Macgibbon Pde, Old Erowal Bay, NSW 2540
- 22 Nov 2023Listed for Sale $800,000 to $880,000
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About Old Erowal Bay 2540
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 55.01% increase in median value. As at 30 September 2024:
- The median value for Houses in Old Erowal Bay is $643,574 while the median value for Units is $1,036,800.
- Houses have a median rent of $485.
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