OFF MARKET

108 Beach Road
Silverwater NSW 2264

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 731m2
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Property Details for 108 Beach Rd, Silverwater

108 Beach Rd, Silverwater is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 731m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
House
Year Built
1970
Floor Size
82m2
Land Size
731m2
Local Government
Lake Macquarie
Lot/Plan
57/DP11995

Last Listing description (September 2024)

With stunning northern views of lake Macquarie and the Watagan mountains, the existing residence offer a two-bedroom home, perfect for renovations capitalising on the breath-taking water views and easy access to waterfront reserves, picturesque trails, and public boat ramp. Whether you are looking to renovate or develop this property should be one not to be missed. Situated directly across from the water's edge this property offers a current DA approval for two Torrens title homes making it a perfect dual occupancy opportunity ideal for builder, investors or developers.

Highlight Include;
? Prime opportunity to source a DA approved Dual Occupancy site, both homes have been designed to capture the stunning northern views of Lake Macquarie.

? Two street frontages, allowing for easy access into the rear yard.
? Original home with open plan living and kitchen with stunning water views
? North facing veranda, perfect spot in the morning to soak up the sun
? Great tenants in place paying $430 per week

The convenience of being close to local shops, schools (public and private), Morisset CBD and the M1 Motorway make it appealing to all buyers seeking a central location between Sydney and Newcastle. Located in a growth area of Lake Macquarie with the largescale development of Trinity Point and the construction of Cedar Mill located close by this is a prime opportunity to secure this amazing property. More information available regarding the DA approval and plans by contacting Kerrie on 0423558509.

Contact us today to book an inspection. Making it quicker and easier for buyers and sellers to connect. Please email or SMS us for a detailed Webbook that includes Price Guide, Contract, Floorplans, Council Rates, and detailed property information.

Disclaimer: All sizes are approximate. Refer to sales contract for full details. We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective tenants and purchasers are advised to carry out their own investigations and satisfy themselves with all aspects of such information including without limitation, any dimensions, areas, zoning, approvals, and permits. Purchasers should make their own inquiries, seek their own advice, and rely only upon those inquiries and advice.

Property History for 108 Beach Rd, Silverwater, NSW 2264

A timeline of how this property has performed in the market
Last Sold
$510,000
05 Oct 2018
Listed for Rent
$400/w
10 Sep 2022
  • 22 Jul 2024
    Listed for Sale Not Disclosed
  • 22 May 2024
    Listed for Sale Auction Guide: $790,000 to $850,000
  • 22 Jul 2022
    Listed for Rent $400 / week
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About Silverwater 2264

The size of Silverwater is approximately 0.9 square kilometres. It has 2 parks covering nearly 12.7% of total area. The population of Silverwater in 2011 was 248 people. By 2016 the population was 301 showing a population growth of 21.4% in the area during that time. The predominant age group in Silverwater is 60-69 years. Households in Silverwater are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Silverwater work in a trades occupation. In 2011, 75.8% of the homes in Silverwater were owner-occupied compared with 74.3% in 2016.

Silverwater has 159 properties. Over the last 5 years, Houses in Silverwater have seen a 52.53% increase in median value. As at 31 July 2024:

  • The median value for Houses in Silverwater is $877,848 while the median value for Units is $591,151.
  • Houses have a median rent of $350.
There are currently 2 properties listed for sale, and no properties listed for rent in Silverwater on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Silverwater.

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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.