226 The Esplanade, Speers Point is a 5 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 2104m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
RARE OPPORTUNITY
FIRST TIME OFFERED TO THE MARKET PLACE SINCE 1913 THIS PRIME PIECE OF REAL ESTATE HAS BEEN IN THE SAME FAMILY FOR ALMOST 100 YEARS. SET ON A QUIET ACCESS ROAD WITH UNINHIBITED VIEWS OF LAKE MACQUARIE SITS THIS BLOCK OF 4 UNITS. THE PROPERTY CONSISTS OF 3 X 1 BEDROOM UNITS AND A 1 X 2 BEDROOM UNIT, WITH A POTENTIAL MARKET RENT OF APPROXIMATELY $57,000 PER YEAR. WITH SPECTACULAR VIEWS OF LAKE MACQUARIE FROM 3 OF THE UNITS, SIDE ACCESS TO THE BLOCK AND UNDERCOVER PARKING FOR 3 CARS AND A SINGLE CAR GARAGE. SET ON APPROXIMATELY 2104SQM BLOCK WITH DA APPROVAL FOR WORK TO BE CARRIED OUT TO ACCESS THE PROPERTY FROM THE STREET AT THE BACK OF THE BLOCK ALLOWING ACCESS FROM 2 STREETS. CENTRALLY LOCATED APPROXIMATELY 2.8 KM TO WARNERS BAY CBD, APPROXIMATELY 700M TO SPEERS POINT PARK AND SWIMMING POOL. INVESTORS AND DEVELOPERS TAKE NOTE THIS IS POTENTIALLY ONE OF THE MOST ATTRACTIVE PIECES OF REAL ESTATE IN THE SPEERS POINT AREA AND MAY NOT GET OFFERED TO THE MARKET PLACE AGAIN FOR SOME TIME.THIS FABULOUS PROPERTY IS WELL WORTH AN INSPECTION.
The size of Speers Point is approximately 2.9 square kilometres. It has 6 parks covering nearly 19.4% of total area. The population of Speers Point in 2011 was 3,229 people. By 2016 the population was 3,316 showing a population growth of 2.7% in the area during that time. The predominant age group in Speers Point is 50-59 years. Households in Speers Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Speers Point work in a professional occupation. In 2011, 72.5% of the homes in Speers Point were owner-occupied compared with 72.8% in 2016.
Speers Point has 1,723 properties. Over the last 5 years, Houses in Speers Point have seen a 72.40% increase in median value, while Units have seen a 65.59% increase. As at 31 October 2024:
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