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89 Macquarie Road, Fennell Bay, NSW 2283, 1 Bedrooms, 1 Bathrooms, House

Auction

89 Macquarie Road, Fennell Bay, NSW 2283

1
1
3
92m2
927m2
HouseListed on Mon Aug 5

Fennell Bay 1 Bedroom Development Opportunity with Charming 1940s Cottage in Fennell Bay

Experience unparalleled development potential in the heart of Fennell Bay, where location and opportunity converge. Nestled on a generous 927-square-metre parcel, this unique property comes with DA approval for two four bedroom family homes, primed for future growth and success. he existing charming 1940s two-bedroom, one-bathroom cottage offers immediate living solutions, providing flexibility as you plan your project.

Positioned just moments from the shimmering lake, any new construction here will appeal to those seeking an ideal blend of lifestyle and convenience. This prime piece of land is situated in a community-oriented neighbourhood, offering easy access to a vibrant array of shops, cafes, restaurants, and top-tier schools.

The desirability of this location is undeniable, with its strong appeal to investors, First home buyers, Downsizers, Developers or those looking for a weekend getaway home. Ready to unlock its full potential. This property represents a rare chance to make a significant impact in the burgeoning Lake Macquarie market.

? Prime development opportunity in the heart of Fennell Bay.

? Generous 927-square-metre parcel with DA approval for two family homes.

? Existing two-bedroom, one-bathroom house provides immediate living solutions.

? Elegant French doors off the master bedroom that add a touch of timeless beauty

? Lock-up garage complemented by a spacious double carport and a large shed, providing ample storage and parking options

? Community-oriented neighbourhood with easy access to shops, cafes, and restaurants

? 1.2km to Fennell Bay Public School, 1.3km to Fassifern Station, 3.5km to Toronto

? Strong appeal to investors and developers looking to unlock potential

? Reverse cycle air conditioning and floating timber floors throughout

? Golden opportunity in a fast-growing region where peace and prosperity meet

Location

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Estimate

Council Data

Last update : 2024 11 30
Land value$473,000Reduced by -3% from year 2022
Land928m²
Planning ZoneLow Density Residential
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Lot Size450 m²
Height of Building8.5 m
Flood ZoneNo
Sulfate SoilsClass 5
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Fassifern Public School
0.90 km
Primary
K-6
Government
icsea: 933
Lake Macquarie High School
2.50 km
Secondary
7-12
Government
icsea: 909

Property history

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For developers

lot32
planDP622868
zoneCodeR2
primaryZoneDescriptionLOW DENSITY RESIDENTIAL
URLhttps://legislation.nsw.gov.au/view/html/inforce/current/epi-2008-0572

Fennell Bay surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
1 Bellevue Lane, Fennell Bay
0.27 km
0
0
-m2
Year 2024 Month 12 Day 16
$385,000
Council approved
25 Bluewater Avenue, Fassifern
0.18 km
3
1
-m2
Year 2024 Month 12 Day 08
$690,000
Council approved
23 Turnbull Street, Fennell Bay
0.23 km
3
1
-m2
Year 2024 Month 11 Day 03
-
Council approved
21b Awaba Street, Fassifern
0.27 km
3
1
144m2
Year 2024 Month 10 Day 03
$760,000
Council approved
1 Awaba Street, Fassifern
0.12 km
3
1
-m2
Year 2024 Month 09 Day 04
-
Council approved

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Ref:222P501353Last update:2024-08-29 11:51:24