SOLD
RECENT ADVICE
Sold on 26 Sep 2024 for $2,930,000

48 Riverview Avenue
Kyle Bay NSW 2221

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 180m2
Land area: 880m2
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Property Details for 48 Riverview Ave, Kyle Bay

48 Riverview Ave, Kyle Bay is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 880m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Kyle Bay in the last 12 months.

Building Type
House
Floor Size
180m2
Land Size
880m2
Local Government
Georges River
Lot/Plan
A/DP355944

Last Listing description (September 2024)

Presenting a rare and exceptional opportunity to secure two prime lots of land at 48 Riverview Avenue, Kyle Bay. Lot Y (290.9 sqm) is offered with a Price Guide of $1,080,000, and Lot A (589.3 sqm) is offered with a Price Guide of $2,050,000. These properties can be purchased together or separately, boasting unlimited potential with stunning water views and ideal for owner-occupiers, investors, builders, and developers alike.

Perched on the high side of the street in this prestigious neighborhood, surrounded by multimillion-dollar luxury homes, this solid brick residence features 3 to 4 bedrooms, separate lounge and dining areas, and a large kitchen. The north-facing backyard includes an inviting in-ground pool, enhancing the appeal of this elevated 880 m² parcel of land.

With a generous 23-meter frontage, the property is divided into two lots: Lot Y and Lot A. This unique offering includes approved CDC plans for two double-story Torrens title luxury residences, making it a premier development prospect.

Conveniently located near shops and the middle of the picturesque Kyle Bay and Connells Bay, this property promises exceptional water views from all directions. It's also close to Connell Point Public School and offers easy access to bus routes to the City and Hurstville.

Don't miss this once-in-a-lifetime opportunity. Contact our team to arrange an inspection at your convenience by appointment, seven days a week. Secure your place in this sought-after location today!

Property History for 48 Riverview Ave, Kyle Bay, NSW 2221

A timeline of how this property has performed in the market
Last Sold
$2,930,000
26 Sep 2024
Listed for Rent
$750/w
12 Mar 2021
  • 26 Sep 2024
    Sold for $2,930,000
  • 29 Aug 2024
    Listed for Sale Expressions of Interest
  • 10 Apr 2024
    Listed for Sale Price guide $3,350,000-$3,500,000
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About Kyle Bay 2221

The size of Kyle Bay is approximately 0.6 square kilometres. It has 4 parks covering nearly 5.5% of total area. The population of Kyle Bay in 2011 was 837 people. By 2016 the population was 1,019 showing a population growth of 21.7% in the area during that time. The predominant age group in Kyle Bay is 10-19 years. Households in Kyle Bay are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kyle Bay work in a professional occupation. In 2011, 89.6% of the homes in Kyle Bay were owner-occupied compared with 88.3% in 2016.

Kyle Bay has 395 properties. Over the last 5 years, Houses in Kyle Bay have seen a 60.37% increase in median value. As at 30 September 2024:

  • The median value for Houses in Kyle Bay is $2,659,795 while the median value for Units is $1,293,125.
  • Houses have a median rent of $1,300.
There are currently 5 properties listed for sale, and 1 property listed for rent in Kyle bay on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Kyle bay.

Suburb Insights for Kyle Bay 2221

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Steve Mishevski
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Yoyo (Ruohan) Xu
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HT Wills Real Estate
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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.