27 Lake StreetWarners Bay NSW 2282
Property Details for 27 Lake St, Warners Bay
27 Lake St, Warners Bay is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 506m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom House sold in Warners Bay in the last 12 months.
Last Listing description (November 2024)
Situated in the heart of central Warners Bay, this flat 506m block of land is the very definition of prime real estate!
Zoned MU1 Mixed Use, with a potential of 13m building height, the site offers a wide diversity of options for redevelopment (subject to council approval).
Previous DA approval for a mixed use development demonstrates the huge opportunity to capitalise on this high growth, lakeside location.
Dimensions: 20.1m frontage x 25.1m depth
As well as development potential, the property would also suit an investor looking for long terms grown. The property offers an immaculate, fully renovated home with two bedrooms, and ample off street parking on the new driveway, so never have trouble finding tenants.
All this is just metres from the lake's edge and across the road from Warners Bay's bustling cafe and restaurant strip.
Disclaimer:
All information contained in this listing is provided to Global Property by the third parties, and is intended as a guide only. No warranty is given as to it's accuracy and purchasers should rely on their own inquiries.
Property History for 27 Lake St, Warners Bay, NSW 2282
- 07 Nov 2024Sold for $1,220,000
- 25 Sep 2024Listed for Sale Under Contract
- 19 Dec 2023Listed for Rent $650 / week
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0About Warners Bay 2282
The size of Warners Bay is approximately 5.9 square kilometres. It has 15 parks covering nearly 5.3% of total area. The population of Warners Bay in 2011 was 7,455 people. By 2016 the population was 7,611 showing a population growth of 2.1% in the area during that time. The predominant age group in Warners Bay is 40-49 years. Households in Warners Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Warners Bay work in a professional occupation. In 2011, 72.7% of the homes in Warners Bay were owner-occupied compared with 73.4% in 2016.
Warners Bay has 4,759 properties. Over the last 5 years, Houses in Warners Bay have seen a 65.04% increase in median value, while Units have seen a 48.86% increase. As at 31 October 2024:
- The median value for Houses in Warners Bay is $991,636 while the median value for Units is $787,820.
- Houses have a median rent of $620 while Units have a median rent of $628.
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