OFF MARKET

72 Ethel Street
Sanctuary Point NSW 2540

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 112m2
Land area: 643m2
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Property Details for 72 Ethel St, Sanctuary Point

72 Ethel St, Sanctuary Point is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 643m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Floor Size
112m2
Land Size
643m2
Local Government
Shoalhaven
Lot/Plan
101/DP16557

Last Listing description (June 2023)

If you have been looking for that perfect property to continue to grow your investments then look no further than 72 Ethel Street here in Sunny Sanctuary Point!

This property has the makings of a fantastic long-term investment.

Let's get into why

The property has had the same owner for more than a couple of decades now. It has been well maintained over the years but is now ready for its next chapter. The residence offers both upstairs and downstairs living options.

Downstairs you'll find a large rumpus room that also has an extra room that could be used as a dining space or bedroom along with a shower, toilet and laundry. It would not take much to convert this entire space to be fully self-contained and you could add in a kitchen if you really wish to capitalise on the property. Completing the ground floor is an oversized single garage.

You can then head up the external stairs to the front balcony. This is a fantastic North facing space to sit back, relax and watch the birds in your trees, a perfect spot for that morning coffee. As you head into the home, you'll find yourself in a large living room. This offers sliding doors onto the balcony that let in plenty of natural light and a slow combustion fireplace to keep it nice and cosy in the winter.

From here you can find your way to the kitchen. Now the kitchen is large, and features plenty of bench space, electric cooking, a built-in pantry and views of the basin outside the kitchen window. The kitchen looks directly into what used to be an open verandah that has now been closed in, so it's fully protected from the weather yet still offers fantastic views of the nature around you and the always sparkling waters of the basin. The enclosed veranda also features a sun-filled area around the corner that would serve perfectly as a study or craft room.

The centrally located large bathroom features a spa-bath, shower and vanity. This services the two large upstairs bedrooms, the front room featuring a lovely bright northerly aspect and the bedroom at the rear overlooking the tranquil bush and basin view.

The block is almost 650 sqms and features a concreted area on one side providing the potential for drive-through access to the rear of the property. The backyard offers a huge amount of space for kids, dogs, gardens, granny flats, secondary dwellings or you can leave it as is to enjoy the lovely bushy outlook.

All of this is just one street back from the water, a five minute stroll to Palm Beach and just minutes drive to the shops, golf course and country club. Or if you wanted to go sunbake on the white sand beaches of Hyams or Vincentia they are just 10 minutes up the road.

It certainly would not take much to bring this versatile property into the modern day and start enjoying it.

Whether you're looking for an investment, holiday home, or somewhere to settle down, this property will tick the right boxes.

Property Code: 203

Property History for 72 Ethel St, Sanctuary Point, NSW 2540

A timeline of how this property has performed in the market
Last Sold
$630,000
04 Apr 2023
  • 04 Apr 2023
    Sold for $630,000
  • 15 Nov 2022
    Listed for Sale SOLD BY PLATINUM
  • 20 Jun 1988
    Sold for $67,000

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About Sanctuary Point 2540

The size of Sanctuary Point is approximately 5.9 square kilometres. It has 20 parks covering nearly 18.3% of total area. The population of Sanctuary Point in 2011 was 6,611 people. By 2016 the population was 7,224 showing a population growth of 9.3% in the area during that time. The predominant age group in Sanctuary Point is 60-69 years. Households in Sanctuary Point are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sanctuary Point work in a trades occupation. In 2011, 69.7% of the homes in Sanctuary Point were owner-occupied compared with 69.4% in 2016.

Sanctuary Point has 4,938 properties. Over the last 5 years, Houses in Sanctuary Point have seen a 64.97% increase in median value, while Units have seen a 32.81% increase. As at 31 October 2024:

  • The median value for Houses in Sanctuary Point is $661,651 while the median value for Units is $526,604.
  • Houses have a median rent of $500 while Units have a median rent of $440.
There are currently 80 properties listed for sale, and 13 properties listed for rent in Sanctuary point on OnTheHouse. According to CoreLogic's data, 208 properties were sold in the past 12 months in Sanctuary point.

Suburb Insights for Sanctuary Point 2540

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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.