70
Magnus
Street
nelson bay
NSW,
2315
Sold for $2,500,000
Development Opportunity in the heart of Nelson Bay!
Situated on a 490m2 block of land within the surrounds of Nelson Bay BCD, sits this three-bedroom, two-bathroom property.
This residence offers endless potential, it would be the perfect renovation, you could build your dream home or an awesome redevelopment opportunity (STCA), whilst offering glistening water views over Nelson Bay waterways and beyond to Nelson Bay Marina.
Zoned R3 Medium Density Residential with a 15m height restriction, this site offers the potential to build a 3 level apartment building (STCA) which will also provide spectacular ocean views across the bay.
Situated just a 3 minute walk to Nelson Bay Marina and the beach, and an approx. 5 minute walk to the retail shopping precinct, Woolworths, cafes and restaurants.
Please contact Dane on 0412 351 819, Erin on 0499 912 311 or Georgia on 0423 377 800 for a full information on this spectacular property today.
***Health & Safety Measures are in place for all Private Inspections and open homes (when permitted)
***All inspection attendees will have to complete a COVID-19 Application for Private Inspections Form and adhere to Service NSW regulations as necessary
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Nearby Schools
About nelson bay
median house price
1055000suburb growth
14.7%median house rent
600suburb rental yield
3.0%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.