2/49 Tomaree RoadShoal Bay NSW 2315
Property Details for 2/49 Tomaree Rd, Shoal Bay
2/49 Tomaree Rd, Shoal Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 54380m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (October 2023)
This is an incredibly rare opportunity to secure a fantastic parcel of land home to TWO separate titled properties (LOT 1 & LOT 2) in the ever so popular coastal suburb of Shoal Bay. Save the costs and time of subdivision and reap the reward of building your dream residence, duplex and/or just making the most of a great investment with two current tenancies in place.
Sitting on a generous 546m2 level block of land approximately 550m from the waters edge of iconic Shoal Bay Beach, this is the epitome of prime real estate and an opportunity that must not be missed.
This two storey unit block is made up of an upstairs/downstairs configuration, both comprising of two bedrooms and one bathroom each. Enjoy side access to the spacious backyard with ample parking room for all the toys.
Position does not get much better than this where you will love being a short stroll to all the amenities that Shoal Bay has to offer including the Shoal Bay Country Club, Atmos greek restaurant, a multitude of cafes, boutiques and convenience stores. If the above isn't enough, you are also only an approximate 5 minute drive to Nelson Bay town centre!
Do not regret missing out on this truly unique and rare opportunity, contact Meg Dean today on 0403 271 539 to arrange your own private inspection.
* Architecturally designed concept plans for a duplex available upon request
* Two strata title properties selling in one line, Lot 1 & Lot 2 (No strata fees applicable)
* Expected rental return $660 per week
* Ideal knock down rebuild opportunity (STCA)
Images display the indicative boundary outline and is approximate.
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Property History for 2/49 Tomaree Rd, Shoal Bay, NSW 2315
- 11 Jul 2023Listed for Rent $340 / week
- 01 Jun 2023Sold for $1,015,000
- 21 Mar 2023Listed for Rent $330 / week
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0About Shoal Bay 2315
The size of Shoal Bay is approximately 4 square kilometres. It has 7 parks covering nearly 68.3% of total area. The population of Shoal Bay in 2011 was 1,837 people. By 2016 the population was 1,859 showing a population growth of 1.2% in the area during that time. The predominant age group in Shoal Bay is 60-69 years. Households in Shoal Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Shoal Bay work in a trades occupation. In 2011, 50.7% of the homes in Shoal Bay were owner-occupied compared with 59.9% in 2016.
Shoal Bay has 2,012 properties. Over the last 5 years, Houses in Shoal Bay have seen a 69.93% increase in median value, while Units have seen a 68.32% increase. As at 31 October 2024:
- The median value for Houses in Shoal Bay is $961,949 while the median value for Units is $688,788.
- Houses have a median rent of $550 while Units have a median rent of $450.
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