OFF MARKET

1 Lugar Street
Bronte NSW 2024

Bedrooms: 8
Bathrooms: 4
Car spaces: -
Floor area: 190m2
Land area: 727m2
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Last updated 30 Sep 2024
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Property Details for 1 Lugar St, Bronte

1 Lugar St, Bronte is a 8 bedroom, 4 bathroom Unit and was built in 1920. The property has a land size of 727m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
Unit
Year Built
1920
Floor Size
190m2
Land Size
727m2
Local Government
Waverley
Lot/Plan
B/DP80673

Last Listing description (June 2024)

Positioned in a prized beachside suburb, this completely renovated boutique block of four 2 bedroom apartments presents a superb investment opportunity. Stylish interiors and an unbeatable location a short walk from Bronte beach ensure strong rental demand.
- Four 2 bedroom 1 bathroom apartments, beautifully renovated
- Open living and dining spaces with windows on three sides

- Spacious modern kitchens feature stone benches, gas cooktops
- Well scaled bedrooms have built-in robes and ceiling fans
- Airy modern bathrooms feature full tiling, frameless showers
- Ample storage in each apartment, secure entry with intercom
- Sun washed grassed communal garden with bonus storage spaces
- Steps to trendy Bronte caf scene, easy walk to the beach
- Zoned R3 with the potential of adding a third storey (STCA)
- Potential gross rental income of $249,000+ fully tenanted
- Council Rates $1,033pq | Water Rates $686pq
- Rental Appraisal $1,100 - $1,200 per week, per apartment

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Property History for 1 Lugar St, Bronte, NSW 2024

A timeline of how this property has performed in the market
Last Sold
$3,950,000
16 Sep 2015
Listed for Rent
$770/w
14 Jun 2019
  • 01 Feb 2024
    Listed for Sale Sold
  • 10 May 2019
    Listed for Rent $770 / week
  • 16 Sep 2015
    Sold for $3,950,000
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About Bronte 2024

The size of Bronte is approximately 1.3 square kilometres. It has 13 parks covering nearly 11.7% of total area. The population of Bronte in 2011 was 6,826 people. By 2016 the population was 6,721 showing a population decline of 1.5% in the area during that time. The predominant age group in Bronte is 30-39 years. Households in Bronte are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bronte work in a professional occupation. In 2011, 59.5% of the homes in Bronte were owner-occupied compared with 60% in 2016.

Bronte has 3,615 properties. Over the last 5 years, Houses in Bronte have seen a 56.37% increase in median value, while Units have seen a 37.36% increase. As at 30 September 2024:

  • The median value for Houses in Bronte is $5,382,462 while the median value for Units is $1,616,354.
  • Houses have a median rent of $1,800 while Units have a median rent of $900.
There are currently 19 properties listed for sale, and 15 properties listed for rent in Bronte on OnTheHouse. According to CoreLogic's data, 112 properties were sold in the past 12 months in Bronte.

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