OFF MARKET

5 Park Street
Coledale NSW 2515

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 118m2
Land area: 722m2
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Property Details for 5 Park St, Coledale

5 Park St, Coledale is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 1915. The property has a land size of 722m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Year Built
1915
Floor Size
118m2
Land Size
722m2
Local Government
Wollongong
Lot/Plan
5/DP21340

Last Listing description (July 2022)

This unique property offers 3 individual dwellings on a level and beautifully landscaped 712m2 garden lot, current approval for additional dwelling only 100mtrs to beach.

This extremely rare opportunity for the large family or for fortunate owner to enjoy substantial BnB income and beachside lifestyle. Also with a current approval for Strata Subdivision.


Perfectly positioned 100mtrs to sand and surf of Sharkey's Beach with stunning uninterrupted views of ocean, this family retreat is truly one of a kind!

Sit back and enjoy the best of nature from your stunning alfresco living area with views of escarpment and shining ocean!

Immerse your family, friends and guests in total beachside luxury and relaxation, take a stroll along beach, catch a few waves, and enjoy local restaurants and community village lifestyle, bring the whole gang for a unique experience.

Be spoilt by your choice of accommodation with 3 separate dwellings to choose from including main beach house offering a high end architecturally designed residence, open plan living seamlessly connecting the outdoor alfresco entertaining areas creating a flood of northerly light and the illusion of the ocean rolling up to your front boundary.

Beautifully presented and modern kitchen offers excellent bench and storage space and is of a generous size designed for practicality and a functional space for families entertaining or the serious chef with high end inclusions e.g. Sirius SL906 commercial grade extraction fan, AEG Microwave Combi Oven, AEH dishwasher, Samsung two door ice and water dispensing refrigerator etc. also with access to dumb waiter connecting downstairs living areas and bar, entertainers delight! Bonus dumb waiter has potential for conversion to a single person elevator.

Master bedroom suite features floating bedframe, ocean views, his and her w/in robe and spacious ensuite with shower and separate bath. Second bedroom features b/ins and own bathroom.

Downstairs is just as impressive with spotless double garage, workshop and stunning bar/entertaining area, fully air conditioned and ideal for the home handyman and entertainer with over 104m2 floorspace! Including jumbo sized laundry with tons of storage space and w/c adjoining entertaining area.

Located on the Eastern side of the block with its own private walkway access, is a freestanding 2 bedroom, 2 bathroom studio which has been designed and built with privacy and convenience as top of mind. Perfect for multigenerational living or a more than handy income, this addition is without a doubt a gamechanger for the property. With the north aspect perfect for winter sun and summer breezes with plans approved to extend and subdivide this dwelling on strata title.

Privately tucked away at the rear of main dwelling is an additional self-contained 1 bedroom studio comprising the 3 dwelling of this unique property! Perfect teenagers, in-laws, guests or air BnB, plenty of options.

This homes design and quality will impress the most fastidious purchaser with list of quality inclusions too many to mention, an inspection is highly recommended to appreciate all the features offered by this unique home.

Please phone Wayne Bennett 0417 423 167 for more information or your private inspection, you won't be disappointed.

Property History for 5 Park St, Coledale, NSW 2515

A timeline of how this property has performed in the market
Last Sold
$3,000,000
23 Dec 2022
  • 23 Dec 2022
    Sold for $3,000,000
  • 13 Feb 2022
    Listed for Sale $3,500,000 to $3,800,000
  • 02 Oct 2007
    Sold for $690,000
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About Coledale 2515

The size of Coledale is approximately 2.1 square kilometres. It has 10 parks covering nearly 18.8% of total area. The population of Coledale in 2011 was 1,167 people. By 2016 the population was 1,256 showing a population growth of 7.6% in the area during that time. The predominant age group in Coledale is 40-49 years. Households in Coledale are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Coledale work in a professional occupation. In 2011, 81.1% of the homes in Coledale were owner-occupied compared with 79% in 2016.

Coledale has 566 properties. Over the last 5 years, Houses in Coledale have seen a 90.90% increase in median value, while Units have seen a 42.03% increase. As at 31 October 2024:

  • The median value for Houses in Coledale is $2,149,496 while the median value for Units is $1,188,990.
  • Houses have a median rent of $835.
There are currently 4 properties listed for sale, and no properties listed for rent in Coledale on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Coledale.

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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.