1&2/42 Achilles Street, Nelson Bay, NSW 2315 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
$1,420,000 to $1,520,000

1&2/42 Achilles Street
Nelson Bay NSW 2315

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Land area: 613m2
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Two Units, One Exceptional Opportunity

Two Units, One Exceptional Opportunity
Opportunities to secure an entire unit block in the sought-after Little Beach precinct are exceedingly rare. This offering, with two units on separate titles sold together, is truly one-of-a-kind.
Perfectly positioned in a quiet yet central street, these residences are just a short stroll to Little Beach, Shoal Bay Beach and the Wests Club. The premium location allows for exceptional flexibility: retain as prime holiday accommodation, enjoy dual rental income, reserve as a private family retreat, or combine these options to suit your lifestyle and investment strategy. The choice is yours.
Unit 1 - Upper Level
Positioned at the front of the property, this spacious three-bedroom unit features one bathroom and a double lock-up garage. Upon entry, you are welcomed into a generous living area that flows effortlessly onto a large balcony-ideal for outdoor dining, entertaining, and relaxing.
Unit 2 - Ground Level (Recently Renovated)
Located at the rear of the block, Unit 2 has been thoughtfully updated throughout. The residence showcases a brand-new kitchen, modern bathroom, and stylish floorboards that enhance the fresh, contemporary feel. It features two bedrooms, one bathroom and its own separate double lock-up garage. An added highlight is the cabana-style alfresco area at the back-perfect for outdoor dining, afternoon lounging, or simply enjoying the peaceful setting.
The property offers a substantial, level backyard with ample potential-whether you choose to enhance it further or keep it as a shared open space. Privacy and comfort have been prioritised in the design, with each dwelling separated by Unit 1's staircase, ensuring no adjoining living spaces and excellent acoustic separation.
This is a rare and highly desirable investment opportunity in one of the area's most coveted locations. Act promptly-opportunities of this calibre do not remain on the market for long, contact our friendly sales team 02 4984 9273.

Property Details for 1&2/42 Achilles St, Nelson Bay

1&2/42 Achilles St, Nelson Bay is a 5 bedroom, 2 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 613m2. The place is currently for sale with Ray White The Knaggs Group.

Building Type
BlockOfUnits
Land Size
613m2
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About Nelson Bay 2315

The size of Nelson Bay is approximately 15.8 square kilometres. It has 24 parks covering nearly 56.0% of total area. The population of Nelson Bay in 2016 was 5820 people. By 2021 the population was 6141 showing a population growth of 5.5% in the area during that time. The predominant age group in Nelson Bay is 60-69 years. Households in Nelson Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nelson Bay work in a professional occupation.In 2021, 66.60% of the homes in Nelson Bay were owner-occupied compared with 63.60% in 2016.

Nelson Bay has 6,107 properties. Over the last 5 years, Houses in Nelson Bay have seen a 72.78% increase in median value, while Units have seen a 57.04% increase. As at 31 October 2025:

  • The median value for Houses in Nelson Bay is $1,155,074 while the median value for Units is $700,809.
  • Houses have a median rent of $635 while Units have a median rent of $550.
There are currently 84 properties listed for sale, and 12 properties listed for rent in Nelson bay on OnTheHouse. According to Cotality's data, 248 properties were sold in the past 12 months in Nelson bay.

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Tim Jurisic
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Aramis Pincovai
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Ray White The Knaggs Group
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