42 Karingi StreetEttalong Beach NSW 2257
Property Details for 42 Karingi St, Ettalong Beach
42 Karingi St, Ettalong Beach is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 519m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Ettalong Beach in the last 12 months.
Last Listing description (June 2024)
Discover the ultimate coastal lifestyle just 500 meters from Ettalong Beach CBD and a mere 600 meters from the pristine sandy shores. This property sits on a level 519m2 block, offering rear lane access and coveted R1 zoning, presenting a golden opportunity for a potential duplex or townhouse development in a prime location that's close to both town amenities and the beach.
The existing property features a charming three-bedroom house with a spacious open-plan kitchen and living area, along with its own fenced yard. Currently rented for $530 per week, this residence offers a comfortable living space and a solid rental return.
Additionally, a separate self-contained sleep out with rear lane access is leased to a long-term tenant of 12 years, generating $300 per week in rental income. This property not only provides immediate returns but also holds immense potential for future development.
- Prime location near Ettalong Beach, offering a sought-after coastal lifestyle.
- Potential for high rental yields and property appreciation in a thriving market.
- Versatile development opportunities for residential or commercial projects.
- Proximity to amenities, shopping, dining, and recreational activities
- Strong demand properties in the area.
- Beautiful natural surroundings and stunning ocean views to attract tenants.
- Access to transportation hubs and major roads for convenience and accessibility.
- Invest now and capitalize on the booming real estate market in this desirable coastal area.
- Approx 512 sqm with rear lane access
- Meters to CBD & Beach
Seize the chance to secure your investment now and unlock the possibilities for growth and prosperity. Don't miss this opportunity to own a prime piece of real estate in a highly sought-after location.
Contact Andrew Quilkey at 0421200330 or Jess Warren at 0483228944 to learn more about this exceptional property and take the first step towards making it yours today.
Property History for 42 Karingi St, Ettalong Beach, NSW 2257
- 12 Jun 2024Sold for $977,000
- 05 Jun 2024Listed for Sale Contact Agent
- 11 Apr 2023Sold for $895,000
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0About Ettalong Beach 2257
The size of Ettalong Beach is approximately 2.1 square kilometres. It has 7 parks covering nearly 7.6% of total area. The population of Ettalong Beach in 2011 was 4,627 people. By 2016 the population was 4,798 showing a population growth of 3.7% in the area during that time. The predominant age group in Ettalong Beach is 60-69 years. Households in Ettalong Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ettalong Beach work in a professional occupation. In 2011, 56.7% of the homes in Ettalong Beach were owner-occupied compared with 57.2% in 2016.
Ettalong Beach has 3,762 properties. Over the last 5 years, Houses in Ettalong Beach have seen a 79.69% increase in median value, while Units have seen a 55.49% increase. As at 31 August 2024:
- The median value for Houses in Ettalong Beach is $1,071,034 while the median value for Units is $865,547.
- Houses have a median rent of $515 while Units have a median rent of $550.
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