SOLD
Sold on 29 Aug 2024 for $255,000

97/485 Mcdonalds Road
Pokolbin NSW 2320

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 565m2
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Property Details for 97/485 Mcdonalds Rd, Pokolbin

97/485 Mcdonalds Rd, Pokolbin is a 2 bedroom, 2 bathroom House. The property has a land size of 565m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom House sold in Pokolbin in the last 12 months.

Building Type
House
Land Size
565m2
Local Government
Cessnock
Lot/Plan
53/DP270211

Last Listing description (October 2024)

Located within the Pokolbin Hill Leisure Inn, this picturesque retreat set on a massive 25 acres of tranquillity offers a 2 bedroom dual key community title unit 97 & 98.

Situated in the heart of the Hunter Valley Wine Country and only a short walk to Hunter Valley Gardens, many award winning cellar doors and attractions, this long established leasehold has outstanding potential as a holiday rental with a strong proven cash flow and profits.

Perfect setting for a relaxing and peaceful getaway. The rooms are fully furnished with lounge, dining and kitchen.

Leisure Inn Pokolbin offers all the luxuries including:
- Heated swimming pool - BBQ area
- Tennis court - Games room
- Cafe Pokolbin Hill

This villa has a modern fit out and is currently returning an approx. gross return of $29,389 approx. per annum, this makes a wonderful investment with a great return.

Property quick facts:
- 2 Bed - 2 Bath - Dual Key
- Council rates $2,257.19 approx. pa - Strata fee $10,737.4 approx. pa
- Rent cover insurance $774.40 approx. pa
- RU4 Primary Production Small Lot on a 565Sqm block

For more information and to arrange your inspection of this beautiful property please contact the team at LJ Hooker Cessnock today on 02 4050 6000.

Property History for 97/485 Mcdonalds Rd, Pokolbin, NSW 2320

A timeline of how this property has performed in the market
Last Sold
$255,000
29 Aug 2024
  • 29 Aug 2024
    Sold for $255,000
  • 01 Mar 2024
    Listed for Sale Sold
  • 21 Oct 2011
    Listed for Sale BY OFFER TO PURCHASE
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About Pokolbin 2320

The size of Pokolbin is approximately 132.8 square kilometres. It has 10 parks covering nearly 9.6% of total area. The population of Pokolbin in 2011 was 694 people. By 2016 the population was 955 showing a population growth of 37.6% in the area during that time. The predominant age group in Pokolbin is 60-69 years. Households in Pokolbin are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Pokolbin work in a managers occupation. In 2011, 69.3% of the homes in Pokolbin were owner-occupied compared with 77.5% in 2016.

Pokolbin has 1,597 properties. Over the last 5 years, Houses in Pokolbin have seen a 104.11% increase in median value, while Units have seen a 70.46% increase. As at 31 October 2024:

  • The median value for Houses in Pokolbin is $1,180,011 while the median value for Units is $449,949.
  • Houses have a median rent of $650.
There are currently 20 properties listed for sale, and 3 properties listed for rent in Pokolbin on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Pokolbin.

Suburb Insights for Pokolbin 2320

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Contact agent
Bryce Gibson
Show contact details
Nathan Peters
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LJ Hooker Cessnock
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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.