OFF MARKET

355 Princes Highway
Carlton NSW 2218

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 418m2
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Property Details for 355 Princes Hwy, Carlton

Building Type
Land
Land Size
418m2
Local Government
Georges River
Lot/Plan
1/DP302328

Last Listing description (August 2024)

Ray White Hurstville are pleased to offer to the market as Exclusive Agents 355 Princes Highway, Carlton.

The property is prominently located on Princes Highway with the ground floor leased to Advanced Aesthetic Clinic with spacious rear residential flat and has the added benefit of future redevelopment (STCA).

Key Features include:

- Prominent Princes Highway location with thousands of passing cars daily
- Two (2) separate tenancies
- Ground floor leased to beautician and laser clinic with extensive recent fit out
- Rear spacious 2 bedroom residential flat
- Total gross annual rent $46,800 (Excluding GST) with opportunity to increase
- Land Area 417.88 Sqm (Approx.)
- Total building area 190 Sqm (Approx.)
- Zoned "E1 Local Centre" with opportunity to amalgamate and take advantage of the increased development controls
- Floor space ratio (FSR) 2.5:1
- Height limit 21 metres
- Ideal opportunity to "Landbank" and develop in the future (STCA)
- Conveniently located metres to new "Aldi" supermarket and close proximity to all Hurstville and Kogarah shopping centers
- Great opportunity not to be missed!

Property History for 355 Princes Hwy, Carlton, NSW 2218

A timeline of how this property has performed in the market
Last Sold
$330,000
22 Oct 1998
  • 12 Mar 2024
    Listed for Sale Offers Invited
  • 22 Oct 1998
    Sold for $330,000
  • 22 Aug 1991
    Sold for $312,000

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About Carlton 2218

The size of Carlton is approximately 2.1 square kilometres. It has 10 parks covering nearly 3.9% of total area. The population of Carlton in 2011 was 9,808 people. By 2016 the population was 10,734 showing a population growth of 9.4% in the area during that time. The predominant age group in Carlton is 30-39 years. Households in Carlton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carlton work in a professional occupation. In 2011, 64.8% of the homes in Carlton were owner-occupied compared with 58.7% in 2016.

Carlton has 4,890 properties. Over the last 5 years, Houses in Carlton have seen a 69.44% increase in median value, while Units have seen a 22.91% increase. As at 31 August 2024:

  • The median value for Houses in Carlton is $1,782,611 while the median value for Units is $736,529.
  • Houses have a median rent of $750 while Units have a median rent of $620.
There are currently 11 properties listed for sale, and 13 properties listed for rent in Carlton on OnTheHouse. According to CoreLogic's data, 156 properties were sold in the past 12 months in Carlton.

Suburb Insights for Carlton 2218

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.