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Overview
This property at 29 Donald Street offers a rare and substantial parcel of land in the heart of Nelson Bay, encompassing an impressive 1,360 square meters. Its elevated positioning not only provides pleasant water views but also places it within easy reach of the town’s amenities including the beach, marina, and local restaurants, making it a highly convenient location.
The site is zoned R3 Medium Density Residential, presenting versatile opportunities especially attractive to developers, investors, or buyers intending to renovate or hold the property with future redevelopment prospects. The existing home, while older, is well maintained and spacious, featuring four generously sized bedrooms and a comfortable living area. High ceilings and air conditioning enhance the sense of space and comfort throughout the residence. The kitchen is practical and updated with a near-new stove and cooktop, supporting everyday functionality.
Additional living spaces include a detached outbuilding with a kitchenette, which could serve multiple uses such as a sleepout or a separate living area, enhancing the property’s adaptability. Practical features like an outdoor toilet and a storeroom beneath the front of the house further contribute to convenience. Overall, the balance of land size, zoning, elevation, and outlook combines to present a significant and flexible opportunity in one of Port Stephens’ most desirable coastal settings.
- Spacious 1,360m² block zoned for medium density residential development
- Elevated position offering water views and easy access to Nelson Bay’s key destinations
- Four large bedrooms with generous living space characterized by high ceilings
- Functional kitchen equipped with a near-new stove and cooktop
- Detached additional living area or sleepout with kitchenette provides versatile usage options
- Includes separate outdoor toilet and convenient storage spaces
This property appeals to a broad audience including developers looking for redevelopment potential, investors seeking a prime location, or families desiring a large site with room to grow and enjoy the lifestyle benefits presented by the scenic surroundings.
Local Market Insights
In Nelson Bay, Quiet Listings observed 21 new houses entering the market over the last 30 days, up from 18 during the previous 30-day period, with an average advertised asking price of $1,496,190. The property type mix of listed properties is predominantly Houses at 49%, followed by apartments (21%), and units (16%). The most active agency for houses in the Nelson Bay area is currently First National, representing 38% of new listings, followed by PRD Nationwide with 38%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $1,350,000 | |
| Contact Agent | |
| Price Guide $1,500,000 To $1,650,000 |
Location
Market Insights for Nelson Bay NSW 2315
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