SOLD
Sold on 31 May 2024 for $3,010,000

176 Princes Highway
Beverley Park NSW 2217

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 144m2
Land area: 572m2
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Property Details for 176 Princes Hwy, Beverley Park

176 Princes Hwy, Beverley Park is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 572m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Beverley Park in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
144m2
Land Size
572m2
Local Government
Georges River
Lot/Plan
1/DP798485

Last Listing description (July 2024)

Ray White Commercial (SC) is pleased to present to market an outstanding DA approved development opportunity in the heart of South Sydney's St George region. The property, located at 176-178 Princes Highway, Beverley Park, will be offered for sale via Expressions of Interest closing Thursday, 13 June 2024, unless sold prior.

This boutique development site boasts an approval for the construction of 25 generously proportioned units over six stories. Thoughtfully designed by Loucas Architects, the unit mix provides for a considered selection of floor plates to attract both owner occupiers and investors to the finished product.

The site is located in Beverley Park (St George Area), which attracts both families and professionals drawn by the area's convenience, accessibility and amenities. The suburb is easily connected to Sydney CBD by nearby accessible public transport hubs such as Allawah, Kogarah and Carlton train stations.

Additional highlights of the asset include:

DA approved for 25 residential units
Favourable unit mix including 72% of 2-bedroom and 3-bedroom units
Generous internal areas with large balconies for individual units
Creatively designed by Loucas Architects
Holding income from existing improvements
Strong population projection for the surrounding LGA, creating need for additional housing
Short distance to Carlton and Allawah Train Stations
1.5km* to St George Hospital
15km* to Sydney CBD

176-178 Princes Highway, Beverley Park is offered for sale via Expressions of Interest closing on Thursday, 13 June 2024 at 12pm (AEST).

For further information, please contact the exclusive selling agent below.

* Approximately

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Property History for 176 Princes Hwy, Beverley Park, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$3,010,000
31 May 2024
Listed for Rent
$490/w
03 Jul 2016
  • 31 May 2024
    Sold for $3,010,000
  • 15 May 2024
    Listed for Sale EXPRESSIONS OF INTEREST
  • 11 Jan 2018
    Listed for Sale Expression of Interest
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About Beverley Park 2217

The size of Beverley Park is approximately 1 square kilometres. It has 7 parks covering nearly 33.6% of total area. The population of Beverley Park in 2011 was 2,103 people. By 2016 the population was 2,410 showing a population growth of 14.6% in the area during that time. The predominant age group in Beverley Park is 40-49 years. Households in Beverley Park are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Beverley Park work in a professional occupation. In 2011, 80.5% of the homes in Beverley Park were owner-occupied compared with 69.2% in 2016.

Beverley Park has 992 properties. Over the last 5 years, Houses in Beverley Park have seen a 49.77% increase in median value, while Units have seen a 20.81% increase. As at 30 November 2024:

  • The median value for Houses in Beverley Park is $2,020,208 while the median value for Units is $836,332.
  • Houses have a median rent of $800 while Units have a median rent of $560.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Beverley park on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Beverley park.

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Contact agent
Samuel Hadgelias
RWC SC
Preferred contact:
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