73 Boundary StreetClovelly NSW 2031
Property Details for 73 Boundary St, Clovelly
73 Boundary St, Clovelly is a 12 bedroom, 6 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 543m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 12 bedroom BlockOfUnits sold in Clovelly in the last 12 months.
Last Listing description (September 2024)
A rare opportunity in a key location, this entire boutique beachside block is offered for sale in one line presenting an exceptional opportunity on a sunny north-facing corner block on the Clovelly peninsula. A unique prospect for the investor/SMSF buyer or developer, the family owned block of six apartments offers a premium low-maintenance portfolio addition with a strong income stream, excellent rental demand and capital growth potential. The two-bedroom apartments retain their vintage charm with high ceilings, polished timber floors and balconies with two apartments featuring access to a shared north-facing garden and two with ocean views. Set on a level 544sqm with dual street frontage and access via Andrew Street, the substantial double-brick block presents a unique landbank asset in one of the east's most sought-after lifestyle addresses. Retain as a solid investment or explore the potential to renovate and add value and capitalise on a prized location at the gateway to Clovelly Beach with potential for future strata subdivision (STCA).
- Entire block of 6 for sale in one line
- Prized beachside neighbourhood
- Significant future development upside
- 6 x spacious 2 bedroom apartments
- The first time available in decades
- 2 apartments with an ocean vista
- All with a balcony/outdoor access
- Roomy interiors, timber floorboards
- Open plan kitchens, gas cooking
- Sunny north-facing common garden
- Parking for 4 cars, dual street frontage
- Potential to strata in the future STCA
- High rental demand, fantastic potential
- 500m to the beach and ocean pool
- Clovelly Public School catchment area
- Stroll to cafes, beach bars and eateries
Property History for 73 Boundary St, Clovelly, NSW 2031
- 11 Sep 2024Sold
- 23 Aug 2024Listed for Sale SOLD PRIOR
- 21 Oct 2020Listed for Rent $500 / week
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About Clovelly 2031
The size of Clovelly is approximately 0.9 square kilometres. It has 5 parks covering nearly 15.9% of total area. The population of Clovelly in 2011 was 4,580 people. By 2016 the population was 4,729 showing a population growth of 3.3% in the area during that time. The predominant age group in Clovelly is 30-39 years. Households in Clovelly are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Clovelly work in a professional occupation. In 2011, 59.8% of the homes in Clovelly were owner-occupied compared with 59.3% in 2016.
Clovelly has 2,439 properties. Over the last 5 years, Houses in Clovelly have seen a 73.97% increase in median value, while Units have seen a 34.25% increase. As at 31 August 2024:
- The median value for Houses in Clovelly is $4,764,764 while the median value for Units is $1,682,345.
- Houses have a median rent of $1,500 while Units have a median rent of $950.
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