OFF MARKET

171 Dorrington Road
Rathmines NSW 2283

Bedrooms: 6
Bathrooms: 4
Car spaces: -
Land area: 5198m2
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Property Details for 171 Dorrington Rd, Rathmines

171 Dorrington Rd, Rathmines is a 6 bedroom, 4 bathroom Townhouse and was built in 1980. The property has a land size of 5198m2. While the property is not currently for sale or for rent, it was last sold in April 2014.

Building Type
Townhouse
Year Built
1980
Land Size
5198m2
Local Government
Lake Macquarie
Lot/Plan
2/DP226531

Last Listing description (March 2014)

Former Aged Care Facility
Adaptive Reuse or Redevelop Opportunities
Former Aged Care Centre previously facilitated for 59 aged care dependant occupants, with over 50 main rooms including numerous offices, store rooms, kitchens, bathrooms, ensuites and dining/communal entertainment areas. The property has the potential for multiple redevelopment and adaptive reuse opportunities under the current RE2 Private Recreation zone within Draft Lake Macquarie Local Environmental Plan 2012 soon to be gazetted.

Located with access and frontage to Dorrington Road overlooking Kilaben Bay and Lake Macquarie with uninterrupted views and exposure. The subject property provides parties with a unique opportunity to purchase a former aged care facility which is now currently vacant ready for redevelopment and adaptive reuse.
-Substantial - Site area of 5,191sqm (approx) Existing buildings gross floor area 2,750sqm (approx)
-Previous Use - Former Aged Care facility which comprised 59 allocated places/beds
-Exposure - Well exposed property with easy access from Dorrington Road, being main arterial roadway into Rathmines town centre. Neighbouring nearby Lake Macquarie and Kilaben Bay
-Opportunity - Property well suited to investors/developers alike offering various and multiple redevelopment and reuse opportunities with over 50 main rooms

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Property History for 171 Dorrington Rd, Rathmines, NSW 2283

A timeline of how this property has performed in the market
Last Sold
$825,000
16 Apr 2014
Listed for Rent
$850/w
30 Nov 2016
  • 30 Nov 2016
    Listed for Rent - Price not available
  • 16 Apr 2014
    Sold for $825,000
  • 16 Nov 2013
    Listed for Sale EXPRESSIONS OF INTEREST
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About Rathmines 2283

The size of Rathmines is approximately 4.1 square kilometres. It has 11 parks covering nearly 30% of total area. The population of Rathmines in 2011 was 1,940 people. By 2016 the population was 1,895 showing a population decline of 2.3% in the area during that time. The predominant age group in Rathmines is 60-69 years. Households in Rathmines are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rathmines work in a trades occupation. In 2011, 81.9% of the homes in Rathmines were owner-occupied compared with 82.9% in 2016.

Rathmines has 1,058 properties. Over the last 5 years, Houses in Rathmines have seen a 62.07% increase in median value, while Units have seen a 63.39% increase. As at 30 November 2024:

  • The median value for Houses in Rathmines is $835,966 while the median value for Units is $606,954.
  • Houses have a median rent of $650.
There are currently 4 properties listed for sale, and no properties listed for rent in Rathmines on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Rathmines.

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