SOLD
RECENT ADVICE
Sold on 10 Aug 2024 for $1,700,000

199 Parkes Street
Helensburgh NSW 2508

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 230m2
Land area: 1031m2
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Property Details for 199 Parkes St, Helensburgh

Building Type
Commercial
Floor Size
230m2
Land Size
1031m2
Local Government
Wollongong
Lot/Plan
883/DP752033

Last Listing description (August 2024)

OPEN FOR INSPECTION | Saturday 10 August 2024 from 9:00am-9:30am

AUCTION | Saturday 10 August 2024 at 9:30am | On-site

Strategically located between the Sutherland Shire and Wollongong and just 1km from the M1 Motorway providing direct access to major hubs. This property is positioned in a high profile location on the main access road into Helensburgh and offers a dual level factory approx 230m2 as well as a separate three bedroom brick and tile dwelling.

THE FACTORY UNIT
• Two levels each with separate access - floor area approx 230m²
• Additional area ideal as office space
• Each level provides a kitchenette and toilet
• Positioned in a high profile location
• Fully fenced
• E4 General Industrial Zoning under Wollongong City Council
• Currently receiving $2,166.66 per month incl gst rental from long term tenants
• Factory to be sold as vacant possession

THE DWELLING
• Neat and tidy brick and tile residence
• Three bedrooms, two with built in robes
• Tiled open plan living and dining
• Timber kitchen
• Bathroom with bathtub and separate toilet
• Fully fenced with off street parking
• Currently rented for $600 per week
• House to be sold as vacant possession

HELENSBURGH
• A vibrant and historical town surrounded by bushland with great community spirit and village lifestyle, population approx 7,000 (2021 census)
• Helensburgh shops, library, community centre and bus stops within minutes driving distance
• Town centre upgrade and refurbishment recently underway by council
• Helensburgh train station offers express services to Sydney and Wollongong

OPEN FOR INSPECTION | Saturday 10 August 2024 from 9:00am-9:30am

AUCTION | Saturday 10 August 2024 at 9:30am On-site

** Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our vendors, and as such, Ray White Helensburgh makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.

Property History for 199 Parkes St, Helensburgh, NSW 2508

A timeline of how this property has performed in the market
Last Sold
$1,700,000
10 Aug 2024
Listed for Rent
16 Mar 2023
  • 10 Aug 2024
    Sold for $1,700,000
  • 15 Jul 2024
    Listed for Sale Auction
  • 02 Feb 2023
    Listed for Rent $600 / week
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About Helensburgh 2508

The size of Helensburgh is approximately 18.5 square kilometres. It has 16 parks covering nearly 39.5% of total area. The population of Helensburgh in 2011 was 5,995 people. By 2016 the population was 6,380 showing a population growth of 6.4% in the area during that time. The predominant age group in Helensburgh is 0-9 years. Households in Helensburgh are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Helensburgh work in a professional occupation. In 2011, 84.7% of the homes in Helensburgh were owner-occupied compared with 84.8% in 2016.

Helensburgh has 2,790 properties. Over the last 5 years, Houses in Helensburgh have seen a 55.75% increase in median value, while Units have seen a 32.12% increase. As at 31 October 2024:

  • The median value for Houses in Helensburgh is $1,230,507 while the median value for Units is $889,948.
  • Houses have a median rent of $800 while Units have a median rent of $650.
There are currently 12 properties listed for sale, and 13 properties listed for rent in Helensburgh on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Helensburgh.

Suburb Insights for Helensburgh 2508

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Ron Kissell
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Chris Kissell
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Ray White Helensburgh
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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.