Nelson Bay . Lemon Tree Passage
R&H
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  • Sold
  • 25 Grafton Street, NELSON BAY, NSW 2315

25 Grafton Street, Nelson Bay, NSW 2315

  • 3 Bed
  • 1 Bath
  • 2garages

Sold

Sold for $810,000 (Oct 12, 2022)

FANTASTIC DEVELOPMENT OPPORTUNITY

Here is a very rare opportunity to secure a DA approved 2 lot subdivision with approval to build 2 brand new homes. Located in a quiet area of Nelson Bay on a generous 721m2 parcel of land. The current single level home offers raked ceilings throughout, formal lounge/dining area, spacious kitchen with plenty of bench and storage space & three bedrooms all with built in robes. Garaging is provided for by a front carport and a large single drive through garage. Located within a short distance of Nelson Bay CBD, all the best beaches in the bay, restaurants, clubs, shops and the local golf course & bowling club. The property offers potential for a good rental return, until you are ready to complete the development. All the hard work has been done, the plans and DA Subdivision come with consent and approval with some work already completed, allowing non lapsing of the DA. Whether you are looking for a home to live in, an investment or a project, this property must be put at the top of your inspection list! Call Richard today on 0439 114 315 for an inspection. Every care has been taken to verify the accuracy of the information contained in this advertising copy but no warranty (either expressed or implied) is given by Raine & Horne or its agent as to the accuracy of the contents. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property.

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avatar Richard Peel
Richard Peel
Licensed Real Estate Agent
avatar Jake Roosendaal
Jake Roosendaal
Licensed Real Estate | Stock & Station Agent | Auctioneer

Got a property to sell? Contact us for a free Request Appraisal

Property Info:
  • Property ID: L16470283
  • Property Type:House
  • Garages:1
  • Carports:1
  • Land Area:720.65 sqm

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R&H Suburb Profile: Nelson Bay
R&H Suburb SummaryHouses
Number of sales115
Average Price$973,725
Median Price$960,000
Median Rental Price$600 p.w.
Change in Rental Rate (5yr)36 %
R&H Suburb SummaryUnits
Number of sales101
Average Price$791,158
Median Price$685,000
Median Rental Price$480 p.w.
Change in Rental Rate (5yr)37 %
Median Trend - $960,000

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