38 Francis St, Corrimal is a 3 bedroom, 1 bathroom House and was built in 1960. While the property is not currently for sale or for rent, it was last sold in December 2014.
An incredible opportunity has come to market as the original Corrimal farmers market garden, consisting of 4 properties combining to offer a massive 3,314sqm (approx.) parcel of land.
Subject to council approval, this R2 zoned allotment offers endless potential to develop or add value and boasts a beautiful escarpment aspect with extensive views. With a generous frontage, the corner block position also allows for easy accessibility that will accommodate a wide range of architectural designs. Situated in the popular family suburb of Corrimal, this ultra-convenient location will tick all the boxes on the investors checklist with cafes, restaurants, 24-hour medical centre, Centrelink, shops, bowls club and transport all within a short and level walk.
This is a rare opportunity to secure a larger than normal prime parcel of land, it will not last long! Please call for further information.
General Features:
- 4 allotments have combined as 1 totalling approximately 3,314sqm of useable land
- Individual allotments and freehold dwelling information are as follows:
o BLOCK 4 approx. 696sqm
o BLOCK 3 approx. 696sqm
o BLOCK 2 approx. 689sqm
o BLOCK 1 approx. 1,233sqm
- R2 zoning subject to council approval
- Generous frontage on a corner block with great accessibility
- Beautiful aspect with extensive escarpment views
- Essential services already connected
- Ultra-convenient location within a flat walk to cafes, restaurants, 24hour medical centre, Centrelink, bowls club, shops and transport
- Approximately 80km's to Sydney, and 7km's to Wollongong CBD
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The size of Corrimal is approximately 5.1 square kilometres. It has 25 parks covering nearly 29.1% of total area. The population of Corrimal in 2011 was 6,324 people. By 2016 the population was 6,496 showing a population growth of 2.7% in the area during that time. The predominant age group in Corrimal is 50-59 years. Households in Corrimal are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Corrimal work in a professional occupation. In 2011, 67.3% of the homes in Corrimal were owner-occupied compared with 66.1% in 2016.
Corrimal has 3,753 properties. Over the last 5 years, Houses in Corrimal have seen a 59.61% increase in median value, while Units have seen a 42.72% increase. As at 30 November 2024:
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