FOR SALE
FOR SALE | Rory Kalos

83 Lake Avenue
Cringila NSW 2502

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 445.8m2
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Rare development site or 1st home

No 83 represents an outstanding and rare opportunity for first home buyers and investors to acquire a 2 lot Torrens Title duplex site which can be privately certified, thereby avoiding a lengthy and costly DA process.
The ultra generous Floor Space Ratio allows for the construction of two separate family homes with expansive district and ocean views. Alternatively, buyers may wish to take advantage of the current spacious and functional interior layout to create their perfect haven in this rapidly transitioning sought after location that is within walking distance to local shops, schools and public transport.
Genuine vendor who is looking to secure a sale within the next few weeks and so is open to discuss offers. Flexible settlement terms available.

Property Details for 83 Lake Ave, Cringila

83 Lake Ave, Cringila is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 445.8m2. The place is currently for sale with Stone Real Estate Sans Souci.

Building Type
House
Land Size
445.8m2

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About Cringila 2502

The size of Cringila is approximately 1.8 square kilometres. It has 5 parks covering nearly 6.2% of total area. The population of Cringila in 2011 was 2,114 people. By 2016 the population was 2,199 showing a population growth of 4.0% in the area during that time. The predominant age group in Cringila is 0-9 years. Households in Cringila are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cringila work in a labourer occupation. In 2011, 74.5% of the homes in Cringila were owner-occupied compared with 68.5% in 2016.

Cringila has 873 properties. Over the last 5 years, Houses in Cringila have seen a 73.26% increase in median value, while Units have seen a 55.86% increase. As at 31 August 2024:

  • The median value for Houses in Cringila is $726,740 while the median value for Units is $606,010.
  • Houses have a median rent of $525 while Units have a median rent of $350.
There are currently 4 properties listed for sale, and 1 property listed for rent in Cringila on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Cringila.

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Rory Kalos
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Stone Real Estate Sans Souci
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