11A Lauderdale AvenueFairlight NSW 2094
Property Details for 11a Lauderdale Ave, Fairlight
11a Lauderdale Ave, Fairlight is a 9 bedroom, 5 bathroom Unit. The property has a land size of 481m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in September 2018.
Last Listing description (November 2024)
A unique proposition in a glittering Fairlight location just steps from the harbour's edge, this elegant full brick Art Deco building is coming to market for the first time since it was built by its owner in the 1930s. Cherished in the same family for almost 100 years, it is currently configured as five separate apartments that are in fantastic condition and are all currently tenanted. Poised to take in a spectacular harbour outlook that sweeps beyond The Heads, there is opportunity to continue renting out one or more of the apartments, renovate into duplex-style homes, or re-model into a substantial harbourside entertainer. This idyllic pocket of Fairlight is just steps from the stunning harbour foreshore and Fairlight Beach, convenient to Fairlight and Balgowlah villages, and just a short stroll from the dynamic buzz and hum of Manly.
- Double-brick Art Deco building configured with five apartments
- Built by the owner in the 1930s, kept in the same family since then
- Quality double-brick construction, exquisite heritage features
- Apartments 1, 2, 3 & 4 feature two bedrooms, living plus sunroom
- Ground floor Apartment 5 features one bedroom plus living
- All apartments are fully self-contained with kitchens and bathrooms
- Upper level with spectacular views that stretch out beyond The Heads
- High ceilings, picture rails, decorative ceilings, original floorboards
- Several apartments with leadlight windows, timber window seating
- Covered carport, rear yard with discreet space for clothes drying
- 4 apartments currently tenanted, gross annual revenue is approx $154,342.85
- Steps to Fairlight Beach, short stroll to Manly along the foreshore
Property History for 11a Lauderdale Ave, Fairlight, NSW 2094
- 15 Aug 2024Listed for Sale For Sale $8,350,000
- 07 Oct 2021Listed for Rent $630 / week
- 18 Jan 2021Listed for Rent $730 / week
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About Fairlight 2094
The size of Fairlight is approximately 1.2 square kilometres. It has 6 parks covering nearly 24.3% of total area. The population of Fairlight in 2011 was 5,489 people. By 2016 the population was 5,821 showing a population growth of 6.0% in the area during that time. The predominant age group in Fairlight is 30-39 years. Households in Fairlight are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Fairlight work in a professional occupation. In 2011, 62.4% of the homes in Fairlight were owner-occupied compared with 64.2% in 2016.
Fairlight has 3,148 properties. Over the last 5 years, Houses in Fairlight have seen a 48.95% increase in median value, while Units have seen a 34.54% increase. As at 31 October 2024:
- The median value for Houses in Fairlight is $3,601,259 while the median value for Units is $1,796,324.
- Houses have a median rent of $1,500 while Units have a median rent of $900.
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