New Lambton / Wallsend

42 Lloyd George Grove, Tanilba Bay, NSW 2319

Sold

Sold for $400,000 (Feb 18, 2022)

Commercial Land with existing DA

Land Centrally located in the CBD of Tanilba Bay with an existing DA to build Two Villas and Zoned B2, priced to sell as a fantastic investment opportunity.

Development Area: Local Centre – B2 zones allow commercial premises, such as shops and offices, medical centres, shop top housing, as well as food and drink premises. B2 zones provide for a range of small-scale retail, business, entertainment, and community uses to serve the needs of people who live, work in, and visit the area.

Existing DA allows you to build Two Villas fully self-contained, two bedrooms, double garage, combined kitchen, dining, lounge room and a separate bathroom/laundry. Potential combined Rental Income for both Villas $840-$900 per week.

Tanilba Bay is a vast growing area to many families in the Port Stephens area and is local governed to the Hunter Region of NSW. This is a lovely, peaceful, clean little town with gorgeous beaches, good fishing and boating.

Tania Micallef
Licensed Real Estate Agent
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Property Info:
  • Property ID: L16557696
  • Property Type: Land
  • Land Area: 835.0 sqm
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R&H Suburb Profile: Tanilba Bay

R&H Suburb Summary Houses
Number of sales 78
Average Price $725,299
Median Price $700,000
Median Rental Price $540 p.w.
Change in Rental Rate (5yr) 39 %
R&H Suburb Summary Units
Number of sales 3
Average Price $496,667
Tanilba Bay, NSW - Median Trend
$700,000
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