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1/158 Medcalf St

Warners Bay NSW 2282

3
1
1
Villa
Currently for sale - view listing

Overview

Prime Lakeside Location

Nestled in the heart of the sought-after lakeside suburb of Warners Bay, just moments from the sparkling shores of Lake Macquarie, this 3 bedroom villa offers more than just a home - it delivers a lifestyle of comfort, connection and convenience. Wake each morning to lakeside living, where scenic walking and cycling paths, waterfront cafés, picnic spots and vibrant community events are all just a short stroll away. Whether you're seeking a peaceful retreat or a smart investment in a thriving location, this is an opportunity not to be missed. Designed for easy single-level living, the villa features three well-sized bedrooms and a spacious open-plan kitchen, dining and living area that invites relaxed everyday living and effortless entertaining. Step outside to the timber deck - the perfect spot for your morning coffee or unwinding at sunset. A single lock-up garage and additional off-street parking add further practicality. An additional opportunity exists to purchase the second dwelling on the site, creating the potential to secure both properties as a unique investment package. Whether you're looking to expand your portfolio, maximise rental income or secure a versatile dual-property holding, this is a rare opportunity to acquire both residences. What You’ll Love Lakeside Lifestyle at Your Doorstep With the stunning Lake Macquarie just moments away, you’ll love the ease of morning walks along the waterfront, sunset bike rides, weekend picnics and coffee catch-ups at the nearby cafés. Effortless Single-Level Living Thoughtfully designed across a single level, this villa offers comfort, practicality and easy everyday living. The spacious open-plan layout creates a welcoming heart of the home, while the seamless flow between kitchen, dining and living spaces makes entertaining family and friends feel effortless. Outstanding Convenience & Investment Appeal Positioned close to shops, cafés, parks and public transport, everything you need is within easy reach. For investors, the current rental return of $500 per week offers immediate income potential. The second dwelling is also available to purchase for those seeking to add to a property portfolio. What You Need to Know; - Solid brick villa - Three spacious bedrooms - Split system air conditioner & ceiling fans - Open-plan kitchen, dining and living area - Timber outdoor deck - Single lock-up garage plus off-street parking - Council Rates: approx. $2005 per year - Estimated rental return: $580 - $620 per week - Strata Levies: approx. $1,044 per quarter What You'll Find Nearby; - Warners Bay Shopping Village - approx. 1.1km - Warners Bay waterfront - approx. 150m - Watagan walking paths - approx. 150m - Speers Point Park - approx. 2.7km - Warners Bay waterfront cafés - approx. 750m - Public transport nearby - less than 50m - Biddabah Public School - approx. 550m - Eleebana Boat Ramp - approx. 2.9km

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
Villa

Property history for 1/158 Medcalf St

2025
Rented
Undisclosed
Leased on 07 Sep 2025 by CREER
2019
Rented
Undisclosed
Leased on 11 Feb 2019 by First National Real Estate Toronto
2018
Rented
Undisclosed
Leased on 20 May 2018 by First National Real Estate Toronto

Happy sellers in Warners Bay

90%
90% of sellers in Warners Bay reported that their sale price either exceeded or met their price expectations.

Warners Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 56 reviews in Warners Bay over the last 12 months.

Local market activity for 3 bedroom villas in Warners Bay

In the last 12 months, 7 three-bedroom villas similar to 1/158 Medcalf St, have been sold.

This represents a 30% increase in three-bedroom villas sales when compared to the previous 12 months.

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