SOLD
Sold on 19 Dec 2023 for $2,500,000

5 Yamba Street
The Entrance NSW 2261

Bedrooms: 6
Bathrooms: 2
Car spaces: 4
Floor area: 136m2
Land area: 677m2
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Property Details for 5 Yamba St, The Entrance

5 Yamba St, The Entrance is a 6 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 677m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 6 bedroom House sold in The Entrance in the last 12 months.

Building Type
House
Floor Size
136m2
Land Size
677m2
Local Government
Central Coast
Lot/Plan
B/DP370322

Last Listing description (March 2024)

Making an entrance is this dual-lot development site with potential for holding income!

This site represents an attractive opportunity to develop a range of income producing premises whether it be Commercial, Residential or a combination of both (STCA).

Embrace the coastal charm, capitalise on the proximity to the beach, local schools, restaurants, and transport, and embark on a lucrative development journey in this extraordinary coastal haven. This is your chance to make an impact with this remarkable and truly promising investment opportunity.

The Entrance is known for its iconic waterfront promenade, breathtaking views of the ocean and the tranquil Tuggerah Lake. In addition, this suburb boasts a thriving dining scene, with a wide range of cafes, restaurants, and eateries catering to the many who attend. There are numerous nearby natural reserves and parks to explore such as Wyrrabalong National Park, offering stunning coastal walks and scenic lookouts.

Whether you enjoy taking leisurely strolls along the esplanade, enjoy a picnic in the park, or simply relax on the sandy beaches, The Entrance has it all. With all this to offer, this development opportunity should not be missed!

Main Features:
- Two separate lots: Lot 5 - 677sqm and Lot 7 - 835sqm (approx.)
- Prime coastal location,260m to the sand, with local shops, restaurants, and transport nearby
- R3 zoning, combined site area of approximately 1,512sqm, dual street access, level site
- Blank Canvas, knockdown/rebuild, an array of prospective development opportunities (STCA)
- Potential for income whilst awaiting any development approvals. Each lot contains 3 bedrooms, 1 bathroom, 2 car. Lot 7 also has a self-contained studio. Lot 5 requires repair before leasing

This is an opportunity not to be missed. Contact Jay Hinde on 0405 422 825 for more information.

Disclaimer:
All information contained herein is gathered from sources we consider to be reliable, however we cannot guarantee or give any warranty about the information provided. All images, border/s, property boundaries and floor plans are indicative of the property and for illustrative purposes only. Any development potential stated herein is suggestive only and may be subject to relevant approvals, as such it is not to be relied upon. All distances and measurements are approximate. Interested parties must solely rely on their own enquiries.

Property History for 5 Yamba St, The Entrance, NSW 2261

A timeline of how this property has performed in the market
Last Sold
$2,500,000
19 Dec 2023
Listed for Rent
$450/w
01 Nov 2017
  • 19 Dec 2023
    Sold for $2,500,000
  • 13 Jul 2023
    Listed for Sale Not Disclosed
  • 02 Dec 2021
    Sold for $1,700,000
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About The Entrance 2261

The size of The Entrance is approximately 1.6 square kilometres. It has 5 parks covering nearly 15.8% of total area. The population of The Entrance in 2011 was 3,872 people. By 2016 the population was 4,020 showing a population growth of 3.8% in the area during that time. The predominant age group in The Entrance is 60-69 years. Households in The Entrance are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in The Entrance work in a professional occupation. In 2011, 32.8% of the homes in The Entrance were owner-occupied compared with 36.5% in 2016.

The Entrance has 4,339 properties.

    There are currently 46 properties listed for sale, and 30 properties listed for rent in The entrance on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in The entrance.

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    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.