Back 10 Chepana St
Off Market

10 Chepana St

Lake Cathie NSW 2445

5
3
2
288 m²
569 m²
House
Last sold for $1,460,000
Nat YenNat Yen, last sold this property on 09 May 2022 after 181 days on market.

Overview

Beachside multi-family living

Immaculately presented solid brick home with ocean views and multiple self-contained living areas. Ready to move in. Convenient location with beach, lake, shops, cafés, restaurants, tavern, bowling club, tennis courts all within a 5 minute walk. Watch the waves roll in from the upstairs parents retreat with large outdoor entertaining deck. This renovated home will appeal to families and investors alike.  Perfect for multi-generational families each needing their own space.  Live in one large two-story house with separate garden studio, or use as 3 separate self-contained dwellings each with its own entrance.  Double lock-up garage with laundry and extra toilet. Abundant lifestyle opportunity. Solid rental yield; established short-term and long-term rental history. - Downstairs features lounge with air-conditioning, full kitchen, dining, 3 bedrooms with built in robes + study, 1 bathroom with walk-in shower, separate toilet, all with extra grips. Plantation shutters and tiled floor throughout. Outdoor courtyard. Staircase leads to upstairs parents retreat, upstairs and downstairs internal access can be closed off to use as separate dwellings. - Upstairs parents retreat features an open plan living, full kitchen and washing machine, two-way bathroom and bedroom with walk-in-robe, large entertaining deck with eye-catching views. Bamboo floors throughout. - Modern garden studio is situated at the back of the block with separate entrance, kitchenette, built-in robes, and bathroom with rain shower, fully fenced yard and outdoor deck. - Quality appliances - Low maintenance gardens LOCATION  Situated in a quiet cul-de-sac, one street parallel from the beach, in the heart of Lake Cathie's dress circle. Easy access to boat ramp, Middle Rock surf break, Woolworths complex, Lake Cathie Public School, Medical Centre, M1 motorway. Port Macquarie CBD 15-20 minutes drive. POSSIBLE LIVING SCENARIOS: - Large family with teenage or adult children? enjoy your own space and privacy - Co-living with (elderly) parents - Live in one dwelling and rent out the other(s) for extra cash flow.  OTHER - Water Rates $99 per quarter - Council Rates $2902 per year - Solar hot water. - Sale can be inclusive of furniture, appliances excluding antiques and gem stones. - Existing tenancies can be honoured or settle with vacant possession. - Successful rental history, agent can supply income statement $70,000-$75,000 gross rental income per annum.

Features

5 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
288 m² floor area
569 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Lake Cathie over the last 12 months, the estimated median property value of 10 Chepana St is $1.69m.

Median value
$1.69m
Estimated value range
$995k - $1.97m
Median days on market
66
Estimated value trend
41%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lake Cathie. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 10 Chepana St

2024
Rented
Undisclosed
Leased on 13 Sep 2024 by Beachscape - Lake Cathie Bonny Hills Real Estate
2024
Rented
Undisclosed
Leased on 08 Feb 2024 by Beachscape - Lake Cathie Bonny Hills Real Estate
2023
Rented
Undisclosed
Leased on 31 Jul 2023 by Beachscape - Lake Cathie Bonny Hills Real Estate

Happy sellers in Lake Cathie

92%
92% of sellers in Lake Cathie reported that their sale price either exceeded or met their price expectations.

Lake Cathie stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 32 reviews in Lake Cathie over the last 12 months.

Local market activity for 5 bedroom houses in Lake Cathie

In the last 12 months, 10 five-bedroom houses similar to 10 Chepana St, have been sold.

This represents a 100% decrease in five-bedroom houses sales when compared to the previous 12 months.

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