60 Squires Cres, Coledale is a 3 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 807m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Coledale in the last 12 months.
Set on a north-east facing 790m2 corner block, directly across from Coledale's iconic beach, you will find this luxury DA approved development site. The Torrens Titled approved plans with proposed subdivision upon completion, offer two completely detached stunning family homes with separate access via Lawrence Hargrave Drive and Squires Crescent.
Nestled in between the Illawarra Escarpment and ocean front, these properties offer high-end finishes, featuring Blackbutt timber, high ceilings and Caesarstone benches throughout, the epitome of luxury.
Architecturally designed, these homes have been thoughtfully and meticulously planned with three spacious bedrooms, two bathrooms, extra office/studio an additional w/c. Both boast expansive balconies capturing unobstructed east facing views of local beaches and mountains.
The current home was built in the 1950's, featuring three spacious bedrooms, two bathrooms, and a light-filled sunroom flowing to the wrap around deck with expansive views overlooking Coledale's beach. With a single car lock up garage, separate external laundry with extra w/c, there's enormous outdoor entertaining and garden spaces. For investors, a long-term rental expectation of $850-$950 per week is expected.
*Complete architectural drawings and structural engineering design package available.
- Situated on a corner North-East facing 790 sqm block overlooking Coledale beach
- DA-2021/1175 approved plans for two high end Torrens Titled luxury dwellings
- 21.5m x 37m square block, with a combined frontage total of 54.1m
- Dual access street frontage from both Lawrence Hargrave Drive and Squires Crescent
- Both dwellings will feature 3 bedrooms, 2 bathrooms, studio/office and expansive balconies
- Large double car lockup garages and generously sized laundry with extra w/c
- Current 3-bedroom 2-bathroom home, expected to receive $850-$950 per week in rent
- Walking distance to Coledale public and preschool and a short bus ride to Bulli high school
- Easy access to public transport with the bus stop only 180m away and easy walk to Coledale Train station
- Local convenience stores include takeaways, homewares and fashion stores, beauty salon, Sketch Cafe, Earth Walker & Co Cafe and Coledale Fine Wines bottle shop
- Close to Stanwell Park, Royal National Park and local bushwalking tracks such as Wodi Wodi and the Grand Pacific Walk and cycle way
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:
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