SOLD
RECENT ADVICE
Sold on 20 Oct 2023 for $11,522,000

12 The Strand
Dee Why NSW 2099

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 765m2
Land area: 765m2
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Property Details for 12 The Strand, Dee Why

Building Type
Commercial
Floor Size
765m2
Land Size
765m2
Local Government
Northern Beaches
Lot/Plan
13/8/DP6953

Last Listing description (October 2023)

| Once in 50 yr beachfront FREESTANDING opportunity
| Consisting of 2 x retail shops, 1 x full floor penthouse
| Full brick concrete slab construction, 80's build

| Dramatic ocean and Long Reef Headland views

| Level land 765m2...frontage 16.76m x width 45.72m
| Truly enormous 17m or 55ft double frontage!!
| Re-develop OR keep as is and collect the multiple rents

| First floor Residential penthouse - 360m2! approx
| Ground floor street Shop 1 - Seafood take away
| Ground floor street Shop 2 - Convenience Store
| Both shops offer outdoor seating/display areas
| Council provisions for further outdoor seating
| Massive beach front balcony with ocean views
| Rear balcony and 2 private terraces
| 5 bedrooms, oversized kitchen, multiple living areas
| 3 bathrooms plus an internal laundry
| PLUS 6 Lock up garages
| PLUS an additional 5 car spaces
| Zoned E1 Local Centre

Over recent years 2 beachfront similar sized blocks have had DA approvals consisting of 10/12 apartments and 2/3 ground floor Cafe/Restaurants each complex, ask us for the approved plans

All information contained herein is provided by third party sources including but not limited to the owners/developers, valuers and solicitors. Consequently, we cannot guarantee its accuracy. Any person using this information should rely on their own enquiries and verify all relevant details for their accuracy, effect and currency."

Property History for 12 The Strand, Dee Why, NSW 2099

A timeline of how this property has performed in the market
Last Sold
$11,522,000
20 Oct 2023
Listed for Rent
$2.20k/w
18 Jan 2024
  • 20 Oct 2023
    Sold for $11,522,000
  • 06 Sep 2023
    Listed for Sale For Sale
  • 04 Apr 2019
    Listed for Rent $1,300 / week
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About Dee Why 2099

The size of Dee Why is approximately 3.4 square kilometres. It has 11 parks covering nearly 15% of total area. The population of Dee Why in 2011 was 19,838 people. By 2016 the population was 21,524 showing a population growth of 8.5% in the area during that time. The predominant age group in Dee Why is 30-39 years. Households in Dee Why are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dee Why work in a professional occupation. In 2011, 54.3% of the homes in Dee Why were owner-occupied compared with 50.3% in 2016.

Dee Why has 12,941 properties. Over the last 5 years, Houses in Dee Why have seen a 70.74% increase in median value, while Units have seen a 37.20% increase. As at 31 July 2024:

  • The median value for Houses in Dee Why is $2,623,021 while the median value for Units is $1,003,446.
  • Houses have a median rent of $995 while Units have a median rent of $699.
There are currently 45 properties listed for sale, and 34 properties listed for rent in Dee why on OnTheHouse. According to CoreLogic's data, 691 properties were sold in the past 12 months in Dee why.

Suburb Insights for Dee Why 2099

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Mark Novak
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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.