4 Farrell RoadBulli NSW 2516
Property Details for 4 Farrell Rd, Bulli
4 Farrell Rd, Bulli is a 0 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1960. The property has a land size of 658m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
Last Listing description (September 2020)
A once in a lifetime opportunity has presented itself to the market to secure a unit block comprising of 5 x studio apartments.
Occupying a sizeable 658m2 (approx.) allotment, investors can bump up the property portfolio and instantly be rewarded with multiple rental incomes.
Further to this lucrative investment is the sensational beachside location. Situated in a blue-chip Bulli address, the surf is within a flat 100m (approx.) stroll and the sparkling ocean waters can be viewed from your front doorstep.
Owner-occupiers may also consider a complete knockdown and build the ultimate beachside pad. Level and accessible, there's loads of room to build on this blank canvas and make the most of the enviable coastal lifestyle that's on offer.
Whether you rent out or rebuild, both tenants and owners alike will appreciate the convenient location, walking distance to Bulli highlights including Bulli Rockpool, Sandon Point, Life Saving Club, reserves, parks, schools and the iconic Bulli Beach Caf.
Property Highlights Include:
Prime 658m2 (approx) block of land
Full unit block comprising 5 x studio apartments
Potential capital growth in a blue-chip address
Multiple income streams with long term tenants
Manageable grounds require minimal upkeep
Level / accessible room to build your dream home
Ocean views from your front door
100m (approx) walk to world-class Bulli Beach
Live the Bulli beach life with cafes, surf club & parks at your doorstep
Property History for 4 Farrell Rd, Bulli, NSW 2516
- 18 Sep 2020Sold for $1,720,000
- 01 Sep 2020Listed for Sale Price Guide $1,600,000
- 02 May 2012Listed for Rent - Price not available
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About Bulli 2516
The size of Bulli is approximately 8 square kilometres. It has 22 parks covering nearly 67.8% of total area. The population of Bulli in 2011 was 5,671 people. By 2016 the population was 6,109 showing a population growth of 7.7% in the area during that time. The predominant age group in Bulli is 40-49 years. Households in Bulli are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bulli work in a professional occupation. In 2011, 71.9% of the homes in Bulli were owner-occupied compared with 74.9% in 2016.
Bulli has 2,813 properties. Over the last 5 years, Houses in Bulli have seen a 66.44% increase in median value, while Units have seen a 55.69% increase. As at 31 October 2024:
- The median value for Houses in Bulli is $1,461,196 while the median value for Units is $838,913.
- Houses have a median rent of $880 while Units have a median rent of $650.
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