23 Council St, Speers Point is a 4 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1986. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in February 2025.
Being offered for sale by In-Room Auction as sale of Portfolio, this freestanding block of three units on one title could be the opportunity you have been waiting for to add to or begin a quality real estate portfolio with solid returns, only a short walk to Lake Macquarie.
With one, two bedroom and two, one bedroom configurations, all units offer good size living areas, spacious bedrooms with built ins, functional kitchen and bathroom areas and shared laundry.
Located short walk to Lake Macquarie with lovely views, on a large 809m2 R2 zoned block.
Features include
Good size living areas
Built in robes to bedrooms
Functional kitchen and bathroom
Separately metered for water and electricity
Undercover parking at rear plus garaging for one unit
809m2 block
Walk to lake and transport
Gross return of $65,260 per annum
To be sold by Auction In-Rooms on Wednesday 12th February at 1pm - The Mercure Hotel, 12 Steel Street Newcastle West.
Pest & Building Reports available.
For Info Pack with additional info including unit specifics, additional photos and related information email agent - view at scheduled times.
Outgoings
Water: $984.00 pq - Approx.
Council: $592.00 pq
Insurance: $4,365.00 pa
Yard Maintenance: $3,344.00 - Approx.
Current Rental Return
$65,260 per annum
The size of Speers Point is approximately 2.9 square kilometres. There are 6 parks, covering nearly 19.4% of the total area. The population of Speers Point in 2016 was 3313 people. By 2021 the population was 3400 showing a population growth of 2.6% in the area during that time. The predominant age group in Speers Point is 50-59 years. Households in Speers Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Speers Point work in a professional occupation.In 2021, 74.70% of the homes in Speers Point were owner-occupied compared with 72.80% in 2016.
Speers Point has 1,759 properties. Over the last 5 years, Houses in Speers Point have seen a 64.55% increase in median value, while Units have seen a 60.31% increase. As at 30 April 2026:
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