42 Excelsior Parade

Carey Bay NSW 2283

645 m²

House

Kristy McCabe, last sold this property on 01 December 2025 after 24 days on market.

Overview

Unique Dual-Income Opportunity in Sought-After Carey Bay

Perfectly positioned in one of Lake Macquarie's most desirable lakeside suburbs, this unique dual-income property presents an exceptional opportunity for investors, extended families, or those seeking flexible living options. Set on a generous Level 645m2 Corner block, this single-level residency has been well designed to offer two self contained units under one roof- delivering strong returns and long-term potential. One side is a quaint two-bedroom unit that offers comfort and functionality, currently returning $500 per week. On the other, a one-bedroom plus office unit provides versatility and convenience currently returning $350 per week- together offering a combined $850 per week income. Step inside to discover character-filled interiors, polished timber floors, and a rustic-style kitchens, that adds warmth and individuality. The single-level design, solar panels and seperate parking makes it practical and efficient, while it's prime location ensures lasting appeal. - Dual-income opportunity- two self-contained units under one roof. - Dual Street Frontage - Single-level layout for convenience and accessibility. - Distinctive stone exterior with strong street appeal. - Solar Panels for reduced energy costs. - Perfect for investors down-sizers , or live-in-one/rent-the-other flexibility. - Rustic style-kitchen featuring timber cabinetry, brick accents, and natural light. - Built in wardrobes in all bedrooms. - Air conditioning - Two fenced yards - Parking for both units - Close to Lake - Approximately 2 minute walk to Carey Bay Shopping Village - Approximately 5 minute drive to Toronto - Approximately 6 minute drive to Coal Point Boat Ramp - Bus Stop out the front Whether you're looking to expand your investment portfolio, accomodate family, or secure a dual rental income, 42 Excelsior Parade, Carey Bay offers flexibility, strong returns and undeniable charm. Contact us today to arrange your inspection and discover the potential of this unique opportunity. Disclaimer: All information contained herein is gathered from sources we believe to be reliable. Honest Property Consultants Pty Ltd TA Dream Property Agents and its staff will not be held responsible for any act or omission arising from the accuracy of such material. We cannot guarantee its accuracy and interested persons should rely on their own enquiries. Such enquiries should include, but is no way limited & directed, to your legal representative, any local authorities, the Contract of Sale and in the event of a Unit, Strata Title or Community Title, refer to the Body Corporate, Community Management Statement & Disclosure Statement for any information on the property, Common Property & Exclusive use areas, that may directly or indirectly affect this property.

Features

3 bedrooms

2 bathrooms

3 carspaces

645 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Carey Bay over the last 12 months, the estimated median property value of 42 Excelsior Parade is $963.5k.

Median value

$963.5k

Estimated value range

$799k - $2.46m

Median days on market

Estimated value trend

20%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Carey Bay. 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 42 Excelsior Parade

2025

Sold

Undisclosed

Private Sale/Treaty on 01 Dec 2025 by Kristy McCabe, of Dream Property Agents

2016

Sold

$390,000

14 Dec 2016 by Paul Wrigley, of Ray White Toronto

Happy sellers in Carey Bay

We have insufficient information to provide an overview of customer satisfaction for Carey Bay. Viewing the agent profiles, reviews and sales for Carey Bay can provide insights for this location.