13-17 Kennedy CrescentBonnet Bay NSW 2226
Property Details for 13-17 Kennedy Cres, Bonnet Bay
Last Listing description (March 2022)
Exclusively listed for sale via Auction (unless sold prior) is this fantastic high yielding mixed use retail investment which is located within the beautiful and leafy suburban suburb of Bonnet Bay. The property occupies an impressive 2,653m2* and has a great tenancy mix anchored by a long standing supermarket and liquor operator and complemented by Pizza Restaurant, Hairdresser, Personal training Gym & Accountant plus a two bedroom residential unit above with glimpses of the Woronora River.
This dominant centre offers the astute investor a significant holding net income of $228,664 which is spread amongst the 980m2* of lettable area and has ample on grade parking with 32 spaces and an additional 4 at the rear. The lease expiries are staggered with the bulk of the income locked in beyond October 2024 making this a must see opportunity.
Outstanding fully leased** retail investment
Majority of income locked in beyond October 2024
Mixed use retail centre with 7 shops & one residential unit
Previous scheme available for development uplift (STCA)
*Approx
** Subject to rental guarantee
Property History for 13-17 Kennedy Cres, Bonnet Bay, NSW 2226
- 17 Mar 2022Sold for $4,300,000
- 03 Mar 2022Listed for Sale AUCTION 29th March, 2022 (Unless Sold Prior)
- 28 Jun 2019Listed for Rent - Price not available
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0About Bonnet Bay 2226
The size of Bonnet Bay is approximately 1.5 square kilometres. It has 8 parks covering nearly 32.3% of total area. The population of Bonnet Bay in 2011 was 2,132 people. By 2016 the population was 2,262 showing a population growth of 6.1% in the area during that time. The predominant age group in Bonnet Bay is 40-49 years. Households in Bonnet Bay are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Bonnet Bay work in a professional occupation. In 2011, 94.8% of the homes in Bonnet Bay were owner-occupied compared with 93.5% in 2016.
Bonnet Bay has 843 properties. Over the last 5 years, Houses in Bonnet Bay have seen a 29.79% increase in median value. As at 28 February 2025:
- The median value for Houses in Bonnet Bay is $1,607,924 while the median value for Units is $958,645.
- Houses have a median rent of $1,075.
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