OFF MARKET

29 Mystics Drive
Shell Cove NSW 2529

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Floor area: 245m2
Land area: 538m2
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Property Details for 29 Mystics Dr, Shell Cove

29 Mystics Dr, Shell Cove is a 6 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 538m2 and floor size of 245m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Year Built
2010
Floor Size
245m2
Land Size
538m2
Local Government
Shellharbour
Lot/Plan
1130/DP1076113

Last Listing description (March 2023)

Ultra modern with clean sharp lines describes the architecture of this exquisitely grand, generously sized family home located in a quiet street of the 'Shallows' Estate within the Waterfront Marina precinct of Shell Cove. The property has been built with a focus on quality lifestyle enjoyment with all that a waterfront community can offer. Walk to the chic Marina for a morning coffee in one of the many cafes or restaurants, or stroll to the naturally beautiful parklands of Killalea Regional Park and the pristine waters of The Farm Beach via the locals walking track at the end of the street. Bass Point Marine Reserve and Shellharbour beach are also close by.

Multiple indoor and outdoor living zones, six bedrooms, two and a half bathrooms and double garage occupy an incredible 245 sqm of pure luxury. A rear to north aspect creates natural light all year round in the open plan kitchen living dining space, master suite, upper level entertainers balcony, lower level alfresco pergola and the backyard. This means even in winter the northern sun will provide light and warmth for the main lifestyle areas of the home.

The outdoor space is amazing with a focus on the sparkling salt water solar heated swimming pool, which adjoins a maintenance free undercover pergola with ample space for lounging and dining. The upper open plan living areas feature naturally beautiful timber floors and lead onto the oversized entertainer's balcony which is another great space for relaxing and showcasing glimpses of the ocean. The spacious master suite features a WIR, BIR and ensuite, with the sixth bedroom having the capacity to become a study or work from home space and the downstairs living area could also be converted into a theatre movie room.

This family friendly home generated a substantial passive income through Airbnb bookings last summer season with minimal preparation, resulting in an additional $40,000 income for the current owners. Enjoy the Christmas/ New Year break away on holidays knowing that your new home will be creating an additional income of $16,500 for a booking of just two weeks.

Additional features are many in this home and include; split system air conditioning upstairs in kitchen/living/dining space, gas cooking, caesar stone waterfall island bench, gas outlet, plantation shutters, water tank, remote controlled double garage including mezzanine storage for all of the water sports and outdoor activities, concrete slab for caravan storage at the front and extra parking in front of the garages.

This property meets a Liveability Features Appraisal in conjunction with the CSIRO, which means it has features to reduce home running costs, increase comfort and provide connection to a vibrant local community.

Shell Cove is a family friendly suburb within Shellharbour and offers everything within only a short walk or drive including; The Marina, Killalea Regional Park, the Farm beach, The Links golf course, Shellharbour Village, Shell Cove Public School, Stocklands Shopping Centre and Movie Precinct. Shellharbour Junction Train Station is just down the road, Wollongong is only 22kms away, 8 minutes to Kiama and 15 minutes to Jamberoo Action Park. The new Shellharbour Airport is nearby in Albion Park and only a 1 hour drive to the Southern suburbs of Sydney.

Property History for 29 Mystics Dr, Shell Cove, NSW 2529

A timeline of how this property has performed in the market
Last Sold
$1,890,000
09 Dec 2022
  • 09 Dec 2022
    Sold for $1,890,000
  • 09 Oct 2022
    Listed for Sale $1,995,000 - $2,095,000
  • 17 Sep 2020
    Listed for Sale $1,500,000 to $1,650,000
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About Shell Cove 2529

The size of Shell Cove is approximately 10.1 square kilometres. It has 23 parks covering nearly 50.8% of total area. The population of Shell Cove in 2011 was 4,029 people. By 2016 the population was 5,619 showing a population growth of 39.5% in the area during that time. The predominant age group in Shell Cove is 10-19 years. Households in Shell Cove are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Shell Cove work in a professional occupation. In 2011, 82.7% of the homes in Shell Cove were owner-occupied compared with 83.5% in 2016.

Shell Cove has 3,526 properties. Over the last 5 years, Houses in Shell Cove have seen a 61.74% increase in median value, while Units have seen a 58.61% increase. As at 31 July 2024:

  • The median value for Houses in Shell Cove is $1,347,616 while the median value for Units is $952,377.
  • Houses have a median rent of $800 while Units have a median rent of $720.
There are currently 63 properties listed for sale, and 10 properties listed for rent in Shell cove on OnTheHouse. According to CoreLogic's data, 124 properties were sold in the past 12 months in Shell cove.

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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.