FOR SALE
$3,500,000

8 Burradoo Street
Caringbah South NSW 2229

Bedrooms: 8
Bathrooms: 6
Car spaces: 4
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Exceptional Development Opportunity: Joint Venture opportunity available

ALL Property documents are available on request.
For the astute builder or developer seeking a lucrative project, this half-completed duplex site presents a golden opportunity. Positioned in the vibrant heart of Caringbah South, this property offers the perfect canvas for a two-tier developer to take the reins, complete the construction, and realize substantial profits.
Key Features:
Steel Frame, Brick Veneer ground floor and James Hardie Cladding (CFC) top floor
Development Stage: The project is Structure complete, laying the groundwork for a swift and efficient completion.
Location: Nestled in Caringbah South, a sought-after neighborhood known for its community feel and strategic proximity to amenities and transport links.
Profit Potential: Designed with profitability in mind, this site is ideal for developers looking to purchase, complete the build, and sell for a considerable return on investment.
Opportunity Highlights:
Strategic Investment: Leverage the current progress to minimize construction time and maximize market readiness.
Desirable Area: Caringbah South is renowned for its high demand in the real estate market, making it an excellent location for residential development.
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Property Details for 8 Burradoo St, Caringbah South

8 Burradoo St, Caringbah South is a 8 bedroom, 6 bathroom House with 4 parking spaces. The place is currently for sale with IGLOBAL PROPERTIES PTY LTD.

Building Type
House

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About Caringbah South 2229

The size of Caringbah South is approximately 5 square kilometres. It has 13 parks covering nearly 3.3% of total area. The population of Caringbah South in 2011 was 11,605 people. By 2016 the population was 12,259 showing a population growth of 5.6% in the area during that time. The predominant age group in Caringbah South is 40-49 years. Households in Caringbah South are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Caringbah South work in a professional occupation. In 2011, 87.2% of the homes in Caringbah South were owner-occupied compared with 86.3% in 2016.

Caringbah South has 5,349 properties. Over the last 5 years, Houses in Caringbah South have seen a 47.81% increase in median value, while Units have seen a 44.19% increase. As at 31 August 2024:

  • The median value for Houses in Caringbah South is $2,284,978 while the median value for Units is $1,618,717.
  • Houses have a median rent of $1,250 while Units have a median rent of $1,100.
There are currently 30 properties listed for sale, and 10 properties listed for rent in Caringbah south on OnTheHouse. According to CoreLogic's data, 303 properties were sold in the past 12 months in Caringbah south.

Suburb Insights for Caringbah South 2229

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Joshua Singer
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IGLOBAL PROPERTIES PTY LTD
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.