OFF MARKET

8/29 Parramatta Street
Cronulla NSW 2230

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 43m2
Land area: 537m2
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Property Details for 8/29 Parramatta St, Cronulla

8/29 Parramatta St, Cronulla is a 1 bedroom, 1 bathroom Unit and was built in 1974. The property has a land size of 537m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
Unit
Year Built
1974
Floor Size
43m2
Land Size
537m2
Local Government
Sutherland
Lot/Plan
8/SP8759

Last Listing description (May 2022)

SOLD BY THE NEWTON TEAM...Located opposite a small park, in the middle of the South Cronulla Peninsular, between Blackwoods Beach and Gunnamatta Baths, this top floor, fully self-contained one bedroom apartment with built in robe, is handy to Cronulla's relaxed lifestyle of restaurants, beaches, shops and public transport. It has a combined lounge and dining area, open plan kitchen with dishwasher, ensuite style bathroom with internal laundry facility including washing machine and dryer. Also offering the added advantage of only one common wall, windows on three sides provide bright natural light, regulated by timber blinds and excellent cross ventilation, supplemented at your discretion by ceiling fans and air conditioning.
There is lots of on street parking spaces and Priority Parking Rules for off street parking.

*Priority parking rules: The strata plan does not detail any car spaces but there are 6 marked car spaces and 8 units on the block.
The strata manager has provided the following Priority Parking Rules (and confirmed their records, as at 27 May 2020, indicate only 2 units are owner occupied):
Apart from the by-laws below, the rules regarding parking are as follows:-
1. Owners have first Priority

2. After this, any already Residing Tenant takes a car space to call his own, sticking to that same space, until he vacates the Unit.

3. Then, the next longest residing Tenant can move into that spot until they in turn vacate.
By-laws
2 Vehicles
An owner or occupier of a lot must not park or stand any motor or other vehicle on common property except with the written approval of the owners corporation.
3 Obstruction of common property
An owner or occupier of a lot must not obstruct lawful use of common property by any person.

Strata Levies: Approximately $660 per quarter

Council Rates: Approximately $342 per quarter
Rental Return: Estimated @$350 per week

Size: Approximately 43 square metres on title

Dont miss out on this fantastic opportunity.

Property History for 8/29 Parramatta St, Cronulla, NSW 2230

A timeline of how this property has performed in the market
Last Sold
$477,500
22 Jun 2020
  • 22 Jun 2020
    Sold for $477,500
  • 04 Jun 2020
    Listed for Sale $495,000
  • 23 Sep 2019
    Listed for Rent $980 / week
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About Cronulla 2230

The size of Cronulla is approximately 5.4 square kilometres. It has 22 parks covering nearly 15.2% of total area. The population of Cronulla in 2011 was 17,041 people. By 2016 the population was 18,098 showing a population growth of 6.2% in the area during that time. The predominant age group in Cronulla is 30-39 years. Households in Cronulla are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cronulla work in a professional occupation. In 2011, 55.9% of the homes in Cronulla were owner-occupied compared with 55.7% in 2016.

Cronulla has 12,106 properties. Over the last 5 years, Houses in Cronulla have seen a 30.34% increase in median value, while Units have seen a 27.71% increase. As at 31 October 2024:

  • The median value for Houses in Cronulla is $2,712,732 while the median value for Units is $1,122,028.
  • Houses have a median rent of $675 while Units have a median rent of $650.
There are currently 35 properties listed for sale, and 52 properties listed for rent in Cronulla on OnTheHouse. According to CoreLogic's data, 520 properties were sold in the past 12 months in Cronulla.

Suburb Insights for Cronulla 2230

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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.