FOR SALE
FOR SALE

45 Thomson Street
Kiama NSW 2533

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 847m2
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R3 Development Site - Approved for Duplex Homes

Ray White Commercial (SC) in conjunction with Ray White Kiama is pleased to present to market this outstanding opportunity to acquire and develop a slice of coastal living in one of Illawarra Region's most coveted locations. The property, located at 45 Thomson Street, Kiama, is offered for sale via negotiation.
The asset has a CDC approval for the construction of two (2) luxury duplex homes and landscape areas, designed by renowned architects ARQUERO. Benefiting from an approved GFA of 498sqm*, the asset is located in proximity of the Kiama town centre with magnificent ocean views on the upper levels.
Located on NSW's breathtaking South Coast, the coastal centre of Kiama is the main township of the Kiama Local Government Area. Situated midway between the South Coast's twin regional cities of Wollongong and Nowra, Kiama is located just over 90 minutes* from the Sydney CBD. An established holiday destination for Sydneysiders and the alike, Kiama has become an increasingly popular residential market and is at the forefront of the population influx into Regional NSW.
Additional highlights of the asset include:
• CDC approved for architecturally crafted 4-bedroom duplex homes
• Designed by renowned architects ARQUERO
• Site area of 847sqm*
• R3 Medium Density Residential zoning
• Floor Space Ration of 0.7 : 1
• Elevated ocean views
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Property Details for 45 Thomson St, Kiama

Building Type
Commercial
Land Size
847m2

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About Kiama 2533

The size of Kiama is approximately 10 square kilometres. It has 27 parks covering nearly 7.6% of total area. The population of Kiama in 2011 was 6,272 people. By 2016 the population was 6,900 showing a population growth of 10.0% in the area during that time. The predominant age group in Kiama is 60-69 years. Households in Kiama are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kiama work in a professional occupation. In 2011, 68.5% of the homes in Kiama were owner-occupied compared with 71.2% in 2016.

Kiama has 5,112 properties. Over the last 5 years, Houses in Kiama have seen a 91.81% increase in median value, while Units have seen a 45.34% increase. As at 30 September 2024:

  • The median value for Houses in Kiama is $1,594,679 while the median value for Units is $869,352.
  • Houses have a median rent of $700 while Units have a median rent of $600.
There are currently 75 properties listed for sale, and 36 properties listed for rent in Kiama on OnTheHouse. According to CoreLogic's data, 191 properties were sold in the past 12 months in Kiama.

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