Home/Properties/Fennell Bay/4 Margaret Street
4 Margaret Street, Fennell Bay$725,000
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4 Margaret Street

Fennell Bay, NSW 2283, Australia
$700,000 – $750,000
2 bed 1 bath 1 car740 m²

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About this property

Move straight in and enjoy the perfect balance of comfort today and opportunity tomorrow. Beautifully presented and ready to be enjoyed from day one, this inviting two-bedroom residence represents easy living with the rare advantage of development approval for a substantial extension, providing the opportunity to significantly expand the existing floor plate and create a larger, more versatile family home.. Whether you're seeking a home to enjoy immediately or a property with the flexibility to grow alongside your lifestyle, this is an opportunity that delivers on both fronts. From the moment you arrive, the fresh white exterior and neat, welcoming facade set the tone. The full block offers a huge, fenced yard - a true blank canvas ready for your vision, whether that's lush landscaping, outdoor entertaining or space for kids and pets to run free. With lake glimpses now and the potential to enhance them further, this home combines lifestyle appeal with long-term upside. Inside, most of the hard work has been done for you. The home has been freshly painted in modern, neutral tones, perfectly complimenting the hybrid floors that flow through the main living zones. Step into the light-filled lounge where dual-aspect windows bathe the room in natural light. Here you'll find year-round comfort thanks to the split system air-conditioner and the cozy fireplace - a striking woodfire feature that creates an inviting focal point on winter evenings. Seamlessly connecting with this space, the living and dining zone offers a relaxed family-friendly layout - perfect for both casual dinners and entertaining. The main bedroom is a comfortable retreat, featuring an air-conditioner, built-in wardrobe and dual aspect windows that fill the room with light and refreshing breezes. Bedroom two also impresses, with a double mirrored wardrobe that adds both storage and a sense of space. They share a bright, tiled bathroom, while a separate laundry with external access adds everyday convenience. Outside, a single garage/tradie shed plus ample off-street parking and dual access makes it easy to accommodate multiple vehicles, including a trailer or boat. The generous block opens up endless possibilities. The fabulous backyard offers room to create an impressive outdoor entertaining zone, design lush gardens, install a spa or pool, or even explore second dwelling potential (STCA). Whether you're an avid gardener, an entertainer or an investor, this land is ready for your imagination. In a quiet, family friendly location this home is perfectly positioned with beautiful Lake Macquarie at the end of Margaret Street, where you can enjoy swimming, fishing and endless weekend adventures. Only a short drive from home, Toronto offers a vibrant mix of cosy coffee shops and fabulous dining options, perfect for weekend brunches or evenings out. Families are well catered for, with Fennell Bay Primary and K12 Charlton Christian College nearby, alongside a range of convenient daycare options. Commuting is effortless, with nearby bus routes and Fassifern Station close by for a seamless journey to work or an easy weekend escape. Opportunities like this don't come along every day. This appealing home is ready to move straight in, or rent out and plan your next chapter while the area grows around you. Inspect today! Features include: - Appealing, move-in ready home with fresh exterior and lake glimpses, perfectly positioned in an increasingly popular area. - DA approved plans to significantly enhance the floor plate. - Light-filled living zone with dual aspect windows and a cozy fireplace, along with a split system air-conditioner. - Modernised kitchen with ample storage, plus an adjoining meals area offering great natural light. - Two bright, robed bedrooms including main with split-system air-conditioner and second bedroom with mirrored wardrobe. - Neat, tiled bathroom with shower. - Separate laundry with external access. - Freshly painted with hybrid flooring throughout, plus two air-conditioners and lake glimpses. - Huge, fenced yard offering endless possibilities - extend up or out, create an impressive entertaining area, garden beds, a spa or pool, and more (STCA). Ample under house storage. - Single garage/tradie shed plus ample off-street parking and dual access - ideal for multiple vehicles, a trailer or even a boat. - Great location with the lake at the end of Margaret Street, only a short drive to Toronto shops, cafes and dining. Numerous parks and playing fields nearby, convenient bus and rail access, and near to Fennell Bay Public School and Charlton College. Outgoings: Council Rates - $2,188.4 approx. per annum Water Rates - $851.37 approx. per annum Disclaimer: All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
740 m²
Listed
3 days ago

Repayment calculator

$3,515/month
$1,757 /fortnight
Loan $580,000 at 6.10% over 30 years

Upfront costs

Deposit$145,000
Stamp duty$23,279
Conveyancing (est.)$2,000
Total upfront$170,279
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Fennell Bay

This 2-bedroom house in Fennell Bay, NSW 2283 sits within reach of public transport, and nearby schools. It is listed 21% below the $920,000 median of 58 comparable houseswithin 5 km.

Schools near Fennell Bay

  • Fennell Bay Public Schoolprimary · K-6 · CoEd

What's nearby

  • Macquarie Rd at Prince St (bus)116 m away
  • Unnamed436 m away
  • Unnamed1.1 km away
  • Unnamed1.4 km away

Fennell Bay at a glance

Full suburb profile
Population
1,780
Median age
45
Household income
$1,375/wk
Median rent
$368/wk
Median mortgage
$1,734/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Fennell Bay price trend

Median sold · House 3 bed

Compound growth +5.6% / yr over 4 yrs

$870kcurrent median

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