40 Ada StreetCardiff NSW 2285
Property Details for 40 Ada St, Cardiff
Last Listing description (September 2023)
The subject property comprises a strategic infill site currently operating as a tennis court. The current improvements include four full size synthetic grass tennis courts, a recently resurfaced car parking area including 10 spaces and a 147 square metre* single level building.
The site is accessed off Ada Street and adjoins a large residentially zoned site as well as a recently complete childcare centre and an ATUNE Health care centre. Zoned RE2 Private Recreation under the Lake Macquarie LEP the 3,081 square metre* site is a unique opportunity to redevelop (STCA) or occupy and operate the site in its current form.
For Sale by Expressions of Interest closing Thursday 19 October 2023 at 4:00pm (AEDT).
*Approximate.
Property History for 40 Ada St, Cardiff, NSW 2285
- 14 Dec 2023Sold for $1,100,000
- 22 Sep 2023Listed for Sale Please contact agent
- 23 Oct 2020Sold for $1
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About Cardiff 2285
The size of Cardiff is approximately 5.2 square kilometres. It has 19 parks covering nearly 10.7% of total area. The population of Cardiff in 2011 was 5,778 people. By 2016 the population was 5,824 showing a population growth of 0.8% in the area during that time. The predominant age group in Cardiff is 30-39 years. Households in Cardiff are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cardiff work in a professional occupation. In 2011, 74% of the homes in Cardiff were owner-occupied compared with 71.4% in 2016.
Cardiff has 3,788 properties. Over the last 5 years, Houses in Cardiff have seen a 65.94% increase in median value, while Units have seen a 45.75% increase. As at 31 October 2024:
- The median value for Houses in Cardiff is $790,235 while the median value for Units is $615,530.
- Houses have a median rent of $575 while Units have a median rent of $580.
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