29 Spinks RoadEast Corrimal NSW 2518
Property Details for 29 Spinks Rd, East Corrimal
29 Spinks Rd, East Corrimal is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 722m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 8 bedroom BlockOfUnits sold in East Corrimal in the last 12 months.
Last Listing description (December 2023)
Location, Location, Location! This charming block of units is ideally situated just a short stroll from the pristine shores of East Corrimal's patrolled Beach, IGA, cafes, schools, a scenic cycleway, parks, and convenient public transport.
Comprising 4 spacious 2-bedroom units, each thoughtfully designed on a single easy level, this property boasts off-street parking and north-facing living areas for optimal sunlight. External laundries add to the practicality of these units, ensuring a comfortable and convenient lifestyle.
This property presents a fantastic opportunity for future renovations, adding significant value to your investment. Set on a generous, level block with an impressive 15.24-meter frontage and a total area of 722 square meters, the property is zoned R2, offering further development potential.
Perfect for savvy investors looking to diversify their portfolio, this property is an excellent option for (SMSF) Self-Managed Superannuation fund investment, yielding an impressive rental return of just over $71,000 per annum.
All inspection need to be arranged through agents.
The Important Numbers:
Council Rates - $4,087pa
Water Rates - $1,150pa
*This advertising has been prepared by MMJ Real Estate (MMJ) for the purpose of advertising and general information only. MMJ do not guarantee, represent, or warrant that the information contained in this advertising is correct. Any interested party should undertake their own inquiries as to the accuracy of the information published.
Property History for 29 Spinks Rd, East Corrimal, NSW 2518
- 28 Dec 2023Sold for $1,720,000
- 20 Nov 2023Listed for Sale Not Disclosed
- 18 Apr 2016Listed for Rent $270 / week
Commute Calculator
Recent sales nearby
See more recent sales nearby
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About East Corrimal 2518
The size of East Corrimal is approximately 1.4 square kilometres. It has 10 parks covering nearly 7.7% of total area. The population of East Corrimal in 2011 was 3,159 people. By 2016 the population was 3,416 showing a population growth of 8.1% in the area during that time. The predominant age group in East Corrimal is 30-39 years. Households in East Corrimal are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Corrimal work in a professional occupation. In 2011, 58.7% of the homes in East Corrimal were owner-occupied compared with 57.6% in 2016.
East Corrimal has 1,765 properties. Over the last 5 years, Houses in East Corrimal have seen a 89.56% increase in median value, while Units have seen a 53.82% increase. As at 31 July 2024:
- The median value for Houses in East Corrimal is $1,368,839 while the median value for Units is $733,414.
- Houses have a median rent of $695 while Units have a median rent of $485.
Suburb Insights for East Corrimal 2518
Market Insights
East Corrimal Trends for Houses
N/A
N/A
View TrendN/A
N/A
East Corrimal 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
