13 Cringila StreetCringila NSW 2502
Property Details for 13 Cringila St, Cringila
13 Cringila St, Cringila is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 580m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (December 2023)
Welcome to this versatile property that offers boundless opportunities, featuring not one, but two distinct residences on a single title. Whether you're an ambitious renovator or a savvy investor, this unique offering promises rewards and potential in equal measure.
Main House: Transform Your Dream Home:
Situated on a generous 575m2 (approx.) block, the front property beckons with untapped potential. Here's your chance to breathe new life into a character-filled, yet run-down gem. Step inside to discover a functional layout featuring three spacious bedrooms adorned with built-in robes, high ceilings, and ornate cornices. The central bathroom, open-plan kitchen, living, and dining areas are ripe for replacement and remodelling, offering a canvas for your creative vision to flourish. Additionally, the house beneath boasts parking for three cars and ample storage solutions.
Investment Potential: Unlock Significant Returns:
Smart investors will recognize the goldmine of potential returns within this property. Whether you're considering flipping or holding, this property presents a canvas upon which to paint your financial success.
Granny Flat: Family Proximity and Rental Income:
Keep your family close while enjoying the added benefit of rental income from the brand new 2-bedroom granny flat. This modern addition provides versatile accommodation for extended family members, teenagers, or elderly parents. In an era where accommodating the elderly is in high demand, creating the perfect space to empower your loved ones while maintaining their independence.
Maximise Your Earning Potential:
Elevate your investment portfolio by capitalising on dual rental income. Rent out the granny flat to tenants, or consider a creative lifestyle change by moving into the granny flat yourself and renting out the main house. With this approach, you can maximise your earning potential and achieve positive cash flow on your investment.
Strategic Location: Convenience at Your Doorstep:
Located just a five-minute drive from Warrawong and Figtree, or a ten-minute drive to the bustling Wollongong Central, convenience is at your doorstep. You'll also find local shops and public transport within walking distance, making daily errands a breeze.
Are you ready to unlock the endless potential of this versatile property? With the right vision, resources, and execution, it has the makings of a standout investment. Don't miss your chance to make your mark on this promising real estate opportunity. Contact Monique Field today for more information and to schedule a private viewing.
Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested person/s should rely on their own enquiries.
Property History for 13 Cringila St, Cringila, NSW 2502
- 19 Oct 2023Sold for $620,000
- 12 Oct 2023Listed for Sale $600,000 - $650,000
- 07 Jun 2012Sold for $190,000
Commute Calculator
Recent sales nearby
See more recent sales nearby/assets/perm/4urakwn6s4i6noae6e5jw2fleq?signature=313ba2b57a4a2505f3fbe4120ea960c771959aff13e32ae0832dae7c05a55711){kind=logo}
0/assets/perm/273znq7llai63dkdw7wj23m7ei?signature=2db07a64f52caf285381681deddaabfa22feef6ba78fd4097066d53b8d6f8a0a){kind=logo}
0
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Cringila 2502
The size of Cringila is approximately 1.8 square kilometres. It has 5 parks covering nearly 6.2% of total area. The population of Cringila in 2011 was 2,114 people. By 2016 the population was 2,199 showing a population growth of 4.0% in the area during that time. The predominant age group in Cringila is 0-9 years. Households in Cringila are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cringila work in a labourer occupation. In 2011, 74.5% of the homes in Cringila were owner-occupied compared with 68.5% in 2016.
Cringila has 874 properties. Over the last 5 years, Houses in Cringila have seen a 67.32% increase in median value, while Units have seen a 44.55% increase. As at 31 October 2024:
- The median value for Houses in Cringila is $709,704 while the median value for Units is $602,095.
- Houses have a median rent of $500 while Units have a median rent of $350.
Suburb Insights for Cringila 2502
Market Insights
Cringila Trends for Houses
N/A
N/A
View TrendN/A
N/A
Cringila Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
