8 Cutty Sark Rd, Coronet Bay is a 2 bedroom, 1 bathroom House. The property has a land size of 574m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Looking for an investment opportunity near the bay with rental return????????????
This neat home is located on a high coastal block on popular Cutty Sark Road within walking distance to the safe sandy swimming beach, playground and general store. The property is currently tenanted until July 2020 and has the potential to become the perfect holiday home. Featuring open plan living/meals and kitchen area, 2 bedrooms both with b/i/r/s master having bay window, bathroom/laundry combined, split-system air conditioning and new carpet throughout. The Vendor has a current permit for garage and deck approx. 10m x 5m which will capture some water views. The backyard has a garden shed and is a blank canvass to put your own landscaping design. Only minutes to a 24 hour boat ramp, fresh produce store and cafes, local group of shops with permanent doctor, chemist, bank, ambulance depot, newsagency are all within 7 minutes drive, Phillip Island and major shopping centre approx. 25 mins and easy commute to CBD with dual lane highway.
The size of Coronet Bay is approximately 5 square kilometres. It has 4 parks covering nearly 2.8% of total area. The population of Coronet Bay in 2011 was 709 people. By 2016 the population was 792 showing a population growth of 11.7% in the area during that time. The predominant age group in Coronet Bay is 60-69 years. Households in Coronet Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coronet Bay work in a labourer occupation. In 2011, 68.2% of the homes in Coronet Bay were owner-occupied compared with 71.9% in 2016.
Coronet Bay has 1,287 properties. Over the last 5 years, Houses in Coronet Bay have seen a 42.63% increase in median value. As at 31 October 2024:
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