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Sold on 22 Jun 2024 - Price Unavailable

309 Clovelly Road
Clovelly NSW 2031

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 144m2
Land area: 151.8m2
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Property Details for 309 Clovelly Rd, Clovelly

Building Type
Commercial
Floor Size
144m2
Land Size
151.8m2
Local Government
Randwick
Lot/Plan
5/DP10532

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

- Rear lane access, with lock up garage / storage
- 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

A timeline of how this property has performed in the market
Last Sold
22 Jun 2024
Listed for Rent
$600/w
05 Sep 2020
  • 22 Jun 2024
    Sold for $2,150,000
  • 28 May 2024
    Listed for Sale Price on Application
  • 11 Aug 2020
    Listed 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 2,416 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:

  • The median value for Houses in Clovelly is $4,785,905 while the median value for Units is $1,659,866.
  • Houses have a median rent of $1,225 while Units have a median rent of $925.
There are currently 10 properties listed for sale, and 7 properties listed for rent in Clovelly on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Clovelly.

Suburb Insights for Clovelly 2031

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Contact agent
Peter Bakas
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Olsen Romano estate agents
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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.