Lake Cathie house sold by mortgagee

Lake Cathie house sold by mortgagee
Staff reporterFebruary 1, 2018

A vacant Lake Cathie house has been sold by mortgagees for $550,000.

The Port Macquarie district offering was sold by Tony Dekker and Tony Bransdon from LJ Hooker.

It had been listed since late 2016 when it come with $600,000 hopes.

The three-bedroom house came with open plan kitchen and living area, and a private backyard sanctuary with possible rear access for a caravan or boat.

This Kara Close house is located within walking distance to the beach, Lake Cathie School, medical centre and bus stop, and a short drive away from Woolworths.

The neighbourhood's prior mortgagee sale was when a three bedroom, 1990s Ocean Woods Estate, Bonny Hills offering was sold at $500,000, having 

According to CoreLogic, the median price sits on $555,000.

Editor's Picks

Figurehead covers stamp duty at Osprey Safety Beach in pre-Easter sales offer
Morris releases second tower at Crest Broadbeach after tower one sales success
McNab breaks ground on Elements apartment tower at Budds Beach
Sunkin tops out next Highett Common building as move-in date approaches
Buyers to move into Lane Cove North's first LDI-protected apartment development as Scion wraps up Sterling construction