SOLD
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Sold on 29 Apr 2024 for $3,150,000

40 Lady Wakehurst Drive
Otford NSW 2508

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 8.5ac
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Property Details for 40 Lady Wakehurst Dr, Otford

40 Lady Wakehurst Dr, Otford is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 8.5ac. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 5 bedroom House sold in Otford in the last 12 months.

Building Type
House
Land Size
8.5ac
Local Government
Wollongong
Lot/Plan
14/3/DP4591

Last Listing description (April 2024)

Inspections strictly by Appointment Only - Expressions of Interest Closing 24 April 2024

bush | tranquility | potential 

Tightly-held by one family for over 54 years, this incredibly positioned property is set on a spectacular 8.5 acres in a serene bush setting just moments from the ocean. This is an extremely rare opportunity to secure one of the largest residential pieces of land in the area with an uncommon abundance of useable land. With an already established dwelling available to move straight into, it is ideal for those seeking absolute peace and tranquility with the potential to design and build the home of your dreams. 

what you will love…

> rare opportunity to secure 8.5 acres of pristine bushland just moments from the ocean 
> approximately 2,740sqm of land suitable for residential purposes (lot 20 only)
> potential to build your dream family home with ocean views in absolute privacy
> oversized shed perfect for agricultural tools and equipment
> sensational rainforest scenery and nature hikes throughout the property
> impressive escarpment backdrop and endless forest to explore with established private walking tracks
> secure a peaceful city getaway or profitable investment opportunity
> 5 minutes to beautiful Stanwell park beach, ocean pool and train station 
> 1 minute short stroll to Otford lookout, Otford pie shop and cafe etc
> just one hour drive to Sydney CBD and thirty minutes to Wollongong
> council = $4,056 pa water = $70 pa, land size =  8.5 acres

Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our vendors, and as such, Molenaar and McNeice makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.

Property History for 40 Lady Wakehurst Dr, Otford, NSW 2508

A timeline of how this property has performed in the market
Last Sold
$3,150,000
29 Apr 2024
  • 29 Apr 2024
    Sold for $3,150,000
  • 21 Mar 2024
    Listed for Sale $3,150,000
  • 12 Sep 2023
    Sold

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About Otford 2508

The size of Otford is approximately 6.9 square kilometres. It has 7 parks covering nearly 26.3% of total area. The population of Otford in 2011 was 282 people. By 2016 the population was 362 showing a population growth of 28.4% in the area during that time. The predominant age group in Otford is 50-59 years. Households in Otford are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Otford work in a professional occupation. In 2011, 88.7% of the homes in Otford were owner-occupied compared with 82.8% in 2016.

Otford has 220 properties. Over the last 5 years, Houses in Otford have seen a 53.95% increase in median value. As at 31 October 2024:

  • The median value for Houses in Otford is $1,688,114 while the median value for Units is $1,184,577.
There are currently 1 property listed for sale, and 1 property listed for rent in Otford on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Otford.

Suburb Insights for Otford 2508

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Adam Blackmore
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Matthew Stipcevic
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Molenaar McNeice
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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.