SOLD
Sold on 23 Feb 2024 for $7,000,000

97 Gerrale Street
Cronulla NSW 2230

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 266m2
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Property Details for 97 Gerrale St, Cronulla

Building Type
Land
Land Size
266m2
Local Government
Sutherland
Lot/Plan
A/DP23736

Last Listing description (June 2022)

Tightly held location, first time offered in 50 years.

Property highlights include:

* Blue Chip position opposite Cronulla Beach, close proximity to Cronulla Town Centre, Cronulla Railway Station (290m), ferry, Cronulla RSL, restaurants and cafes.

* Corner position with 3 street frontages. Faces Gerrale Street, corner Laycock Ave and Nicholson Parade.

* Land area 265.6m

* FSR 3:1, height to 30m, zoned B3 Commercial core (shop top housing permitted STCA).

To be sold via Expression of Interest.

For further details, please contact Exclusive Selling Agents: Cale Property Agents

Property History for 97 Gerrale St, Cronulla, NSW 2230

A timeline of how this property has performed in the market
Last Sold
$7,000,000
23 Feb 2024
  • 23 Feb 2024
    Sold for $7,000,000
  • 07 Apr 2022
    Listed for Sale For Sale - Expressions of Interest
  • 07 Apr 2020
    Sold

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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 12,164 properties. Over the last 5 years, Houses in Cronulla have seen a 32.21% increase in median value, while Units have seen a 26.10% increase. As at 30 November 2024:

  • The median value for Houses in Cronulla is $2,712,153 while the median value for Units is $1,116,911.
  • Houses have a median rent of $675 while Units have a median rent of $650.
There are currently 23 properties listed for sale, and 44 properties listed for rent in Cronulla on OnTheHouse. According to CoreLogic's data, 532 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.