18 OLEANDER AVENUE, PORT MACQUARIE
4/5 3 bed rooms
bath rooms
4
car parking
1,128 m² land
HIGH AND PROUD ON TRANSIT HILL AGENT: Rex Patterson 0414 825 744
VIEWS FOREVER
WELCOME On behalf of our vendors and Patterson Real Estate we’d like to welcome you to our listed property. We conduct our inspections in a way that is non-intrusive, to allow you, as buyers, to take your time to look in detail without being pestered by an agent. When you are ready feel free to approach our team with any questions. We’re here to assist you. If you are interested in the home please register your interest with us, or if you would like a copy of the sale contract we can email you a copy today. It is important to note that we are currently running at 98% clearance rate for the last 12 months. So it is imperative that you inform us of your interest to allow us to keep you constantly informed of the progress of the sale so you don’t miss out. The easiest way to do this is to subscribe to our text notifications - see below for more details and happy viewing!
PURCHASING DETAILS FOR SALE Price $729,000 SOLICITOR
Rex Patterson 0414 825 744
Priest Legal 41 Hay Street Port Macquarie NSW 2444 p: 02 6583 1777 f: 02 6584 9516
Patterson Real Estate
SETTLEMENT PERIOD
p: 02 6584 6400 e: info@pattersonrealestate.com.au w: pattersonrealestate.com.au
42 days from exchange
CONTACT
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TRANSIT HILL The area bordering Shelly and Lighthouse Beaches and representing the highest point in Port Macquarie is known as Transit Hill. The top of the hill houses the town’s main water reservoir, various tele-communication towers and a fabulous (but little known) lookout which offers vast panoramas of the town to the ocean beyond. Travel to the top of Orr Street to find the lookout and marvel at the vast views and the growth of the town and orientate yourself to Port’s topography. The northern slopes of Transit Hill were originally the domain of market gardeners and banana growers but attracted the eye of developers as the town began to boom in the 1960’s. Homes began to appear in the 1960’s on the higher streets such as Astronomers Terrace with the original estate developed and sold as Plantation Estate in 1961. Up until 10 years ago the well known Williams family were still growing bananas on much of the lower slopes of Transit Hill and retailing their own produce from The Banana Stall on Kennedy Drive. Their old farm became the Compass Rose Estate and now all the available land has been developed the area even more valuable and desirable. The Transit Hill area is a highly regarded suburb in Port Macquarie being handy to town, beaches and schools but far enough away from the tourist hot spots to provide a wonderful environment in which to live. The luckier higher up residents will have fabulous views of the ocean during the day and the city lights at night while those on the lower slopes will enjoy a quiet environment in a quality residential neighbourhood. AROUND TRANSIT HILL TOWN CENTRE: • Port Macquarie - 5.0 km • Lake Cathie - 13.0 km SCHOOLS: • Tacking Point Public School - 2.1 km • St Paul’s High School - 3.7 km • Charles Sturt University - 4.0 km BEACHES: • Lighthouse Beach - 2.3 km • Shelly Beach - 1.8 km • Flynns Beach - 3.6 km TRANSPORT: • Busways service routes along Kennedy Dr • Port Macquarie airport - 9.3 km
FEATURES AT A GLANCE
WORDS THAT DESCRIBE THIS PROPERTY
Striking Street Presence Unimpeded Views
Rock Solid Home
18 OLEANDER AVENUE, PORT MACQUARIE
Two Homes In One
Prestige Area Room For Pool
FEATURES AT A GLANCE
WHY ARE THEY MOVING?
Set high on the slopes of Transit Hill this striking home enjoys unimpeded northerly views over town and to the ocean beyond. With 5 bedrooms, 3 bathrooms and a four car garage it’s almost two homes in one. The downstairs area easily functions as a fully self contained 2 bedroom flat with separate private access making it ideal for guests, granny or noisy teenagers.
After 28 wonderful years in this fabulous home our age and health has finally dictated that we move to more suitable accommodation. Luckily we are still in Port Macquarie and in contact with friends.
Solidly constructed with full brick downstairs and a suspended concrete slab supporting the brick veneer section up top it’s a blank canvas for the renovator or comfortable enough to live in as is. Set on over 1100m² of valuable land there’s ample space for entertaining or a future pool and there’s gardens galore for the family member with the green thumb. Located in one of Port’s most popular a areas with magnificent street appeal this huge solid home on a very large block with secure exceptional views means you’ll have a safe and sound real estate investment for years to come. ITEM LOCATIONS • Hotwater system - Laundry • Telephone ports - Kitchen, Brm 1 + 4 • TV Points - Lounge, Family, Brm 2
WHAT THEY LOVE ABOUT THE PROPERTY (FROM THE OWNER) • The prominent hilltop position and commanding presence the home has plus it always looks great from the street. • The solidity and thoroughness of construction with the full brick downstairs and suspended concrete slab above, the home feels engineered to last. • Having two homes in one with the fully self contained flat under for visitors. • The north facing aspect where the views of the ocean and the town seem to go on forever. This is the aspect we will miss the most. • The massive four car garage is every man’s dream!!!
NEIGHBOURS The neighbours are a mix of long term occupiers with quite a few newcomers to the street in recent months. With the Transit Hill area being popular with investors there are a number of rental properties also in the area. PROPERTY DETAILS ADDRESS: 18 Oleander Avenue Port Macquarie NSW 2444 PRICE: $729,000 DETAILS: 4/5 Bedrooms 3 Bathrooms 4 Car Garage RATES: $2,700 pa* AREA: Land - 1,128 m2* House - 300 m2* Garage - 80 m2* * Approximately
Disclaimer: We assume no responsibility for mis-statement, omission or error contained in this document. Interested persons should rely on their own enquiries.
FLOOR PLANS
PROPERTY INCLUSIONS ENTRY
BEDROOM 3 (Downstairs)
LAUNDRY
• • • •
• Full brick • Sliding mirror robes • Venetians, curtains and carpet
• • • •
Shady covered Porch Steel bar security door Tiled entry foyer Phone Point and Alarm pad
LOUNGE
BEDROOM 4 (Downstairs)
HALLWAYS
• Carpeted with double sliding door • Access to front balcony • Vertical blinds and sheer curtains
• • • •
FAMILY
STUDY / NURSERY (Upstairs)
STAIRS / STORAGE
• • • • • •
• • • •
• • • •
Phone and TV points Tiled flooring Sliding door access to balcony Bifold doors to lounge room Venetian blinds and curtains Reverse Cycle Air-conditioner
DINING • • • •
Carpeted Sliding door access to rear sun-room Semi sheer curtains Bifold doors to lounge room
L - Shaped room Full brick Phone point (2nd line) Venetians, curtains and carpet
Wall mounted clothes dryer Stainless steel tub Tiled floor Venetian blinds
L - Shaped room Sliding mirror robes Could be Bedroom 5 or Nursery Patterned wallpaper
MAIN BATHROOM • • • • • •
Heat lamps Floor to ceiling tiles Large double vanity Spa bath and separate shower Glass brick feature wall Ensuite access to main bedroom
KITCHEN
BATHROOM 1
• Solid Tasmanian Oak timber • Laminex bench tops • Bosch glass cooktop, walloven slide out range hood and dishwasher • Microwave shelf • Tiled floor
• • • • •
MAIN BEDROOM
• • • • •
• Ensuite access to main bathroom • Picture window to north providing great views • Sliding mirror robes • Venetians, drapes and sheer curtains • Phone point and Alarm control BEDROOM 2 • Sliding mirror robes • Sheer curtains and window to sun-room across rear • TV point EXCLUSIONS • All non fixed furnishings • All personal items
Located upstairs off sun-room Shower over bath Dual flush toilet suite Floor to ceiling tiles Vanity with cabinet
BATHROOM 2 (Downstairs) Full brick Tiled floor Dual flush toilet Vanity Shower with curtain
SUN-ROOM • Runs full width across rear of the home • Tiled floor • Patterned curtains RUMPUS / FLAT (Downstairs) • • • • •
Fully self contained Full brick Kitchenette with sink Separate internal access to garage Separate entrance from side of house
• Double linen cupboard • Etched glass cabinet / cupboard • Broom cupboard Carpeted Timber balustrading with skylight Under stairs storage Cupboards in garage
ENTERTAINING DECK / PATIO • Tiled front balcony with great views • Aluminium balustrading GARAGE • Two auto roller doors • Handy sink with hot and cold taps • Workshop with shelves and benches RESIDENCE CONSTRUCTION • Full brick construction downstairs • Terracotta Roof tiles • Brick veneer upstairs • Suspended concrete slab GROUNDS / LANDSCAPING • Approx 3m x 3m covered area • Clothesline double Paraline • Watering system and controller • Garden shed • Large paved area HOT WATER SYSTEM • Rheem Optima electric • 250 litre off peak • Manufactured April 2005 • Located in laundry POWER, VISION & PHONE • • • • •
240 volt domestic power TV antenna mounted to the roof Security System Telstra land line ADSL available
PURCHASING STEPS 6 STEPS TO BUYING A HOUSE Purchasing residential real estate can be a very exciting process, however it can also be a confusing time for the prospective buyer. As you may already be aware, different agencies usually have different sets of rules and standards, so we would like to inform you of the general buying process. Property owners receive all types of interest - some genuine, some not. Some people submit offers to test the possibility of sale, but do not actually stay true with their offer. This can lead to frustration and concern for the owners as they try to assess who is actually a genuine buyer. The best way to present a strong offer on any property is to follow the steps below that allow you to understand what is required in preparation to put forward your strongest purchasing proposition to the agent. All offers must be presented to the owner in writing and all purchase details correct for filling in the contract for signing. STEP 1 - PROVIDE AGENT WITH YOUR FULL DETAILS SUCH AS • Full names of all parties that will appear on the contract • The actual purchase price you will be paying for the property. • The method by which you choose to pay the 10% deposit. eg. cheque/bond/other. • The settlement period that you require or the vendor has stipulated. • The name of your chosen Solicitor or Conveyancer. • The name of your bank or financial lending institution. • Any special conditions or requests that you may have so that we can inform the vendor (property owner) STEP 2 - CONFIRM YOUR TIME FRAME AVAILABLE TO DO ANY INVESTIGATIONS Find out if the property has a deadline on it, such as auction or other offers from interested parties. STEP 3 - DECIDE IF YOU ARE GOING TO OBTAIN A PEST & BUILDING INSPECTION Before you purchase any property - in particular a new home - it is important that you commission a copy of a Pest and Building Report from qualified inspectors. Please note that
this report is a complete list of defects of the home, and is very different from the feature brochure that you receive from our agency. Many people can be shocked with the report they receive on the home, and most times misinterpret the report, e.g. the home is 34 years old and is in need of new roof tiles. Roof tiles last approximately 35 years and need replacing on every home of that age. The point to remember here is that all homes at one time or another require maintenance, and that this is known as a capital improvement. The main aim should be to ascertain that the property is structurally sound and free from pests such as termites. STEP 4 - NOTIFY YOUR BANK OF YOUR PURCHASE ADDRESS & DETAILS A pre-approval of finance from your bank or lending institution needs to be in place before safely proceeding with your property purchase, however many banks will approve you in principle yet may require a valuation. Don’t be alarmed if your bank or lending institution request a valuation by a registered property valuer. This is normal practice of lending institutions, and serves as confirmation of the agreed sale price. If you are intending to buy at auction, all the above-mentioned must be in place. Auction day is final. If you turn up to bid and you are the highest bidder past the reserve price (on-the-market price) you are the instant owner awaiting settlement of the property. STEP 5 - DON’T FORGET TO INCLUDE STAMP DUTY FUNDS IN YOUR FINAL CALCULATIONS A stamp duty chart is available from our office or our website STEP 6 - MEET WITH THE AGENT AND PROVIDE ALL DETAILS FOR SIGN OFF WITH THE OWNER Once agreement on price, settlement, conditions, etc has been reached with the vendor the sale can proceed. An exchange of contracts is the only way to actually buy or sell real estate. This is achieved by signing the contract of sale which is then processed by the agent with all legal parties. Your agent can explain the two options for exchanging contracts (Securing the sale) IN SUMMARY Preparation is the key. Understand the steps of sale and having everything in place is imperative to reaching your property goals. Whether you are considering purchasing this property or another in the near future and in need of advice, please feel free to contact Jason, Rex or any of our team with questions that you may have. We are available to assist you 7 days.
SURROUNDING SALES EVIDENCE ADDRESS
BEDS
BATHS
CARS
SOLD DATE
SIZE
SOLD PRICE
1
14 Astronomers Terrace
4
2
2
Mar 14
626 m2
$649,000
2
19 Mariners Way
5
2
3
Mar 15
680 m2
$750,000
3
16 Oleander Avenue
4
3
2
Sept 15
881 m2
$837,000
4
13 Anglesea Terrace
4
3
2
May 15
985 m2
$775,000
5
7 Skye Court
5
3
2
Jul 15
1,050 m2
$690,000
6
17 Timber Ridge
4
3
2
May 15
1,153 m2
$739,000
1
2
3
4
5
6
NOTES
AGENT: Rex Patterson 0414 825 744