SOLD
Sold on 13 Nov 2023 for $712,500

4 Illawon Street
Berkeley NSW 2506

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Floor area: 73m2
Land area: 797m2
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Property Details for 4 Illawon St, Berkeley

4 Illawon St, Berkeley is a 4 bedroom, 2 bathroom House with 6 parking spaces and was built in 1968. The property has a land size of 797m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 4 bedroom House sold in Berkeley in the last 12 months.

Building Type
House
Year Built
1968
Floor Size
73m2
Land Size
797m2
Local Government
Wollongong
Lot/Plan
488/DP36770

Last Listing description (December 2023)

Presented by Sam Neill and Chris O'Brien of One Agency Elite Property Group.

Introducing an exceptional chance for astute investors! Embrace the potential of owning a dual occupancy property situated on a generous 797m2 lot, complete with plans for NDIS housing development.

Property Highlights: Dual Occupancy - Two distinct units Each Unit Features 2 Bedrooms, 1 Bathroom, and living areas. Expansive 797m2 Lot Comprehensive Drafted Plans for NDIS Housing Development

This property is a strategic investment waiting for you. Here's why:

Each unit boasts two comfortable bedrooms, a welcoming lounge room, and 1 bathroom. This contemporary layout appeals to potential tenants and is currently producing dual income with long term tenants.

Abundant Space: The expansive 797m2 lot provides ample room for further expansion, development, or creating an inviting outdoor space for your tenants.

NDIS Housing Plans: This property comes equipped with drafted plans for NDIS housing development. This presents an exceptional opportunity to provide accessible housing and cater to the increasing demand for NDIS-compliant homes.

Investment Potential: In a world where the NDIS housing sector is on the rise, this property is ideally positioned to provide an essential service while delivering a robust return on investment. The 15.5 metre frontage suggests opportunity for multiple dwellings for future development.

Prime Location: Strategically positioned in an up and coming area, close to amenities, schools, and public transport. This ensures the property's allure to prospective tenants.

Seize this moment and make your investment dream a reality. Don't let this opportunity slip through your fingers. Reach out to us today to gain deeper insights and make this lucrative investment a part of your financial future.

For inquiries or to arrange a viewing, kindly contact Sam Neill or Chris O'Brien and secure your place in the world of wise investments. Invest smart, live abundantly, and make this dual occupancy treasure yours today!

Property History for 4 Illawon St, Berkeley, NSW 2506

A timeline of how this property has performed in the market
Last Sold
$712,500
13 Nov 2023
  • 13 Nov 2023
    Sold for $712,500
  • 16 Oct 2023
    Listed for Sale $710,000 - $750,000
  • 21 Dec 1998
    Sold for $100,000
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About Berkeley 2506

The size of Berkeley is approximately 7.2 square kilometres. It has 18 parks covering nearly 20.4% of total area. The population of Berkeley in 2011 was 7,426 people. By 2016 the population was 7,612 showing a population growth of 2.5% in the area during that time. The predominant age group in Berkeley is 50-59 years. Households in Berkeley are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Berkeley work in a trades occupation. In 2011, 60.6% of the homes in Berkeley were owner-occupied compared with 59.3% in 2016.

Berkeley has 3,588 properties. Over the last 5 years, Houses in Berkeley have seen a 82.49% increase in median value, while Units have seen a 53.17% increase. As at 30 September 2024:

  • The median value for Houses in Berkeley is $745,287 while the median value for Units is $745,135.
  • Houses have a median rent of $570 while Units have a median rent of $585.
There are currently 13 properties listed for sale, and 3 properties listed for rent in Berkeley on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Berkeley.

Suburb Insights for Berkeley 2506

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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.