ENTER VIA ARDEN LANE
Perfectly positioned in Clovelly's established strips of shops and with-in 800m down to the beach, this freehold building presents a prime opportunity to retain as a investment or as a home plus income prospect. Street level is a very well established Japanese restaurant and level 1 is a separate 2 bedroom apartment. The property comes with rear laneway access to a valuable garaging / storage.
- A piece of prime real estate in a coveted seaside village
Please email agent for a copy of the Information Memorandum
The size of Clovelly is approximately 0.9 square kilometres. It has 5 parks covering nearly 15.9% of total area. The population of Clovelly in 2011 was 4,580 people. By 2016 the population was 4,729 showing a population growth of 3.3% in the area during that time. The predominant age group in Clovelly is 30-39 years. Households in Clovelly are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Clovelly work in a professional occupation. In 2011, 59.8% of the homes in Clovelly were owner-occupied compared with 59.3% in 2016.
Clovelly has 2,416 properties. Over the last 5 years, Houses in Clovelly have seen a 68.47% increase in median value, while Units have seen a 25.79% increase. As at 31 October 2024:
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