Put simply, renovate or rebuild to maximise the lake views

Positioned on the high side of the street opposite the water, this tightly held Kilaben Bay home enjoys beautiful views across the lake, with lakefront reserve just 400m away. It’s an outlook worth making the most of, and with a 796.7sqm block and wide 20.12m frontage, there’s plenty of room to dream bigger. Renovate and extend the existing two-bedroom home or explore a two-storey rebuild that could make even more of the elevation and those beautiful water views (STCA).

The home needs work, but that’s where the opportunity lies. A separate studio, covered alfresco, garage and sheds give you plenty to work with, while the existing in-ground pool could be restored or reimagined as part of a complete backyard transformation. And the setting is pure Lake Macquarie: quiet streets, water almost at your doorstep, and boating, fishing and kayaking all part of the weekend, with Toronto’s shops, cafés and services just five minutes away.

– Classic two-bedroom lakeside home, 796.7sqm block, 20.12m X 39.62m, zoned R2
– Separate 24sqm studio with kitchenette
– Southerly views across beautiful Lake Macquarie
– Ready for a full renovation or knock down-rebuild, subject to council approval
– Coal Point Public School – 3.3km, Toronto High – 3.8km, St Paul’s – 7.8km
– Fassifern Station-9mins, Newcastle-42mins, Hunter Valley-46mins, Sydney-80mins

– Potential Rental Return: Approx. $550-$600 p/w
– Council Rates: Approx. $2,350 p/a
– Water Rates: Approx. $850 p/a + usage

Disclaimer:
All information provided by Wilton Lemke Stewart in the marketing of a property for sale or lease has been sourced from various third-party outlets that we deem reliable. Nonetheless, Wilton Lemke Stewart cannot ensure its absolute accuracy, and we bear no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements in the information provided. Prospective buyers and tenants are encouraged to conduct their own due diligence and rely on their own investigations. All images, measurements, diagrams, renderings, and data are indicative and for illustrative purposes only, subject to potential changes.