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Sold on 08 May 2024 - Price Unavailable

8 Lord Street
Shelly Beach NSW 2261

Bedrooms: 6
Bathrooms: 2
Car spaces: 4
Land area: 575m2
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Property Details for 8 Lord St, Shelly Beach

8 Lord St, Shelly Beach is a 6 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 575m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 6 bedroom House sold in Shelly Beach in the last 12 months.

Building Type
House
Land Size
575m2

Last Listing description (May 2024)

Twice the potential income, and a one-of-a-kind not to be missed. Whether you are looking to buy a high-income earning investment property so close to the beach, or a holiday home where you can live on one side and rent the other, want to live side by side for extended family accommodation, or desire that rare opportunity to buy a knockdown home where you can plan your future dream home whilst you recoup some money, then this is the answer to all above. The property has been divided into two flats, each featuring high ceilings, timber floors, three bedrooms, living areas, bathroom and kitchen, laundry, air conditioning, balcony, yard space, plus off-street parking for two cars each. Both flats have separate electricity meters, and shared water meters. With an estimated income potential for both flats to be leased permanently for up to $900 per week in total, a lucrative return could be possible (a current tenancy is in place). Highly sought-after location being just a ten-minute walk to magnificent Shelly Beach and golf course. Don't hesitate with this one - it's TWO good to miss. (Note - The building is approved as a single dwelling - prospective purchasers should refer to the contract for sale regarding the current use and approval of the building and to make their own further inquiries.)

DISCLAIMER: This advertisement contains information provided by third parties. While all care is taken to ensure otherwise, Ray White Long Jetty does not make any representation as to the accuracy of the information contained in the advertisement, does not accept any responsibility or liability and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.

Property History for 8 Lord St, Shelly Beach, NSW 2261

A timeline of how this property has performed in the market
Last Sold
08 May 2024
Listed for Rent
$220/w
10 Dec 2007
  • 02 Aug 2024
    Listed for Rent $525 / week
  • 08 May 2024
    Sold for $1,235,000
  • 03 Apr 2024
    Listed for Sale SOLD $1,235,000
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About Shelly Beach 2261

The size of Shelly Beach is approximately 1.2 square kilometres. It has 5 parks covering nearly 51.6% of total area. The population of Shelly Beach in 2011 was 1,266 people. By 2016 the population was 1,325 showing a population growth of 4.7% in the area during that time. The predominant age group in Shelly Beach is 50-59 years. Households in Shelly Beach are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Shelly Beach work in a professional occupation. In 2011, 74.9% of the homes in Shelly Beach were owner-occupied compared with 81.5% in 2016.

Shelly Beach has 884 properties. Over the last 5 years, Houses in Shelly Beach have seen a 80.53% increase in median value, while Units have seen a 67.74% increase. As at 31 October 2024:

  • The median value for Houses in Shelly Beach is $1,333,584 while the median value for Units is $873,235.
  • Houses have a median rent of $740.
There are currently 7 properties listed for sale, and 1 property listed for rent in Shelly beach on OnTheHouse. According to CoreLogic's data, 27 properties were sold in the past 12 months in Shelly beach.

Suburb Insights for Shelly Beach 2261

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Peter Moran
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Rob Grose
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Ray White Long Jetty
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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.