42 Excelsior Pde, Carey Bay is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 645m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 3 bedroom House sold in Carey Bay in the last 12 months.
Perfectly positioned in one of Lake Macquarie's most desirable lakeside suburbs, this unique dual-income property presents an exceptional opportunity for investors, extended families, or those seeking flexible living options. Set on a generous Level 645m2 Corner block, this single-level residency has been well designed to offer two self contained units under one roof- delivering strong returns and long-term potential.
One side is a quaint two-bedroom unit that offers comfort and functionality, currently returning $500 per week. On the other, a one-bedroom plus office unit provides versatility and convenience currently returning $350 per week- together offering a combined $850 per week income.
Step inside to discover character-filled interiors, polished timber floors, and a rustic-style kitchens, that adds warmth and individuality. The single-level design, solar panels and seperate parking makes it practical and efficient, while it's prime location ensures lasting appeal.
- Dual-income opportunity- two self-contained units under one roof.
- Dual Street Frontage
- Single-level layout for convenience and accessibility.
- Distinctive stone exterior with strong street appeal.
- Solar Panels for reduced energy costs.
- Perfect for investors down-sizers , or live-in-one/rent-the-other flexibility.
- Rustic style-kitchen featuring timber cabinetry, brick accents, and natural light.
- Built in wardrobes in all bedrooms.
- Air conditioning
- Two fenced yards
- Parking for both units
- Close to Lake
- Approximately 2 minute walk to Carey Bay Shopping Village
- Approximately 5 minute drive to Toronto
- Approximately 6 minute drive to Coal Point Boat Ramp
- Bus Stop out the front
Whether you're looking to expand your investment portfolio, accomodate family, or secure a dual rental income, 42 Excelsior Parade, Carey Bay offers flexibility, strong returns and undeniable charm.
Contact us today to arrange your inspection and discover the potential of this unique opportunity.
Disclaimer: All information contained herein is gathered from sources we believe to be reliable. Honest Property Consultants Pty Ltd TA Dream Property Agents and its staff will not be held responsible for any act or omission arising from the accuracy of such material. We cannot guarantee its accuracy and interested persons should rely on their own enquiries. Such enquiries should include, but is no way limited & directed, to your legal representative, any local authorities, the Contract of Sale and in the event of a Unit, Strata Title or Community Title, refer to the Body Corporate, Community Management Statement & Disclosure Statement for any information on the property, Common Property & Exclusive use areas, that may directly or indirectly affect this property.
The size of Carey Bay is approximately 0.5 square kilometres. It has 4 parks covering nearly 12.0% of total area. The population of Carey Bay in 2016 was 896 people. By 2021 the population was 865 showing a population decline of 3.5% in the area during that time. The predominant age group in Carey Bay is 70-79 years. Households in Carey Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carey Bay work in a professional occupation.In 2021, 71.10% of the homes in Carey Bay were owner-occupied compared with 69.30% in 2016.
Carey Bay has 524 properties. Over the last 5 years, Houses in Carey Bay have seen a 67.75% increase in median value, while Units have seen a 48.62% increase. As at 30 November 2025:
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