309 Clovelly RoadClovelly NSW 2031
Property Details for 309 Clovelly Rd, Clovelly
Last Listing description (June 2024)
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
- Operating as a fully functional established business
- Fully equipped kitchen facilities and bathroom within the commercial space
- Separate 2 bedroom apartment residential terrace style property on upper level
Please email agent for a copy of the Information Memorandum
Property History for 309 Clovelly Rd, Clovelly, NSW 2031
- 22 Jun 2024Sold for $2,150,000
- 28 May 2024Listed for Sale Price on Application
- 11 Aug 2020Listed for Rent $600 / week
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About Clovelly 2031
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 2,434 properties. Over the last 5 years, Houses in Clovelly have seen a 53.07% increase in median value, while Units have seen a 19.52% increase. As at 30 November 2024:
- The median value for Houses in Clovelly is $4,636,586 while the median value for Units is $1,609,821.
- Houses have a median rent of $1,380 while Units have a median rent of $945.
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