OFF MARKET

12 Court Road
Double Bay NSW 2028

Bedrooms: 18
Bathrooms: 9
Car spaces: -
Floor area: 80m2
Land area: 449m2
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Last updated 11 Nov 2024
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Property Details for 12 Court Rd, Double Bay

12 Court Rd, Double Bay is a 18 bedroom, 9 bathroom Unit. The property has a land size of 449m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in September 2013.

Building Type
Unit
Floor Size
80m2
Land Size
449m2
Local Government
Woollahra
Lot/Plan
2/DP12264

Last Listing description (April 2023)

I.B Property as the exclusive selling agent is pleased to present 12 Court Road, Double Bay, an impeccable residential apartment block featuring 9 x 2 bedroom apartments. This low-maintenance blue-chip property is a fantastic investment opportunity for an investor or SMSF buyer to capitalise on the high rental demand.

Tucked away in a leafy treelined street, this three-storey apartment block is on an approx. 448sqm* landholding. Beautifully presented, the property is architecturally designed to maximise natural light, with each apartment featuring a generous open living/dining area.

Situated in a prized harbour-side suburb, 12 Court Road is only moments away from Double Bay village, including the finest restaurants, cafes, and amenities and is less than 4km to Sydney CBD.

Key highlights
Impeccable 9x2 bedroom apartment block
Estimated fully leased gross income $412,971 per annum
Fantastic depreciation benefits
Strata approved
Tastefully designed apartments with spacious living areas
Prestigious harbour-side location on the cusp of Double Bay village, only moments to Woolworths, the finest restaurants, cafes and amenities
Significant 448sqm* landholding on a corner block
Highly sought-after asset type in a tightly held suburb

I.B Property is pleased to present 12 Court Road, Double Bay for sale via Expressions of Interest closing on Thursday, 10th of November 2022 at 4pm (AEDT).

For more information or to register for the next inspection, please contact the exclusive selling agents.

Property History for 12 Court Rd, Double Bay, NSW 2028

A timeline of how this property has performed in the market
Last Sold
$3,550,000
04 Sep 2013
Listed for Rent
$950/w
14 Sep 2016
  • 12 Oct 2022
    Listed for Sale Contact Agent
  • 07 Sep 2016
    Listed for Rent - Price not available
  • 18 Nov 2015
    Listed for Rent - Price not available
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About Double Bay 2028

The size of Double Bay is approximately 0.8 square kilometres. It has 6 parks covering nearly 10% of total area. The population of Double Bay in 2011 was 4,686 people. By 2016 the population was 4,647 showing a population decline of 0.8% in the area during that time. The predominant age group in Double Bay is 30-39 years. Households in Double Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Double Bay work in a professional occupation. In 2011, 55.2% of the homes in Double Bay were owner-occupied compared with 54.9% in 2016.

Double Bay has 3,672 properties. Over the last 5 years, Houses in Double Bay have seen a 58.78% increase in median value, while Units have seen a 27.37% increase. As at 31 October 2024:

  • The median value for Houses in Double Bay is $6,626,767 while the median value for Units is $1,749,133.
  • Houses have a median rent of $1,250 while Units have a median rent of $990.
There are currently 13 properties listed for sale, and 16 properties listed for rent in Double bay on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Double bay.

Suburb Insights for Double Bay 2028

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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.