58 Thurlow Avenue, Nelson Bay 2315
3 bed 3 bath 4 car 696m²
It’s $3 million price tag is a combination of its location and its earning potential, says PRD agent Ben George.
Located on Thurlow Avenue this three-bedroom home is absolute beachfront, boasting views that stretch beyond Dutchmans Beach Reserve to the best of Nelson Bay.
The current layout of the property allows its owners to draw income from three separate holiday rentals, yet a return to a family home would require minimal changes, Mr George says.
“It’s been cleverly designed across three separate self-contained villas, all with access to the generous outdoor spaces, including the path down to the beach.
“Each villa has its own bedroom, bathroom, living area and balcony maintaining its privacy, but if that’s not what you’re after you could just unlock a few internal doors and return it to a spacious family-friendly home.
“The opportunity offered here is endless.”
Income potential aside, it is the position of 58 Thurlow Avenue that should impress buyers.
“I would say it’s the most prestigious street in Nelson Bay, or even the whole of Port Stephens,” Mr George says.
“It’s not on a main road, its less than 90 metres to Dutchies Beach and 800 metres to the CBD and Marina.
“It’s an address that is highly sought-after and doesn’t come to market often.”
In fact, in January 2022, Thurlow Street received national attention after number 24 sold for a whopping $7.257 million, followed shortly after by number 44 that sold for $5.25 million in February 2022.
So far in 2022, four homes and three units have sold on Thurlow Avenue – a combined total of $20,480,000.
For more property articles:
Get all the latest Newcastle news, sport, real estate, entertainment, lifestyle and more delivered straight to your inbox with the Newcastle Weekly Daily Newsletter. Sign up here.
