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Sold on 10 Nov 2023 for $1,150,000

153-155 Kanahooka Road
Kanahooka NSW 2530

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 1226m2
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Property Details for 153-155 Kanahooka Rd, Kanahooka

153-155 Kanahooka Rd, Kanahooka is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1226m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 5 bedroom House sold in Kanahooka in the last 12 months.

Building Type
House
Land Size
1226m2
Local Government
Wollongong
Lot/Plan
10/1/DP3358

Last Listing description (November 2023)

Located in the lakeside suburb of Kanahooka this unique & diverse property has a multitude of different development opportunities. The property consists of two separately titled 630m2 blocks of land with a 3 bedroom house & another 2 bedroom cottage. Both properties are currently rented with a combined annual income of $54,340 with scope to further increase.

Development opportunities (STCA)
* Further renovate and sit on your excellent rent return

* 4-5 lot townhouse development
* 2 x dual occupancies
* Knock down the 3 bedroom house and leave yourself with a vacate 613m2 block to develop & another 613m2 block with the existing 2 bedroom cottage & room to build another dwelling at the front.

Rents:
3 bedroom house - $555 per week
2 bedroom Cottage - $490 per week
Combined annual Income - $54,340

Areas:
Total Land Size - 1226m2
Individual block sizes - 613m2
Street Frontage - 24.38m
Internal of 3 bedroom house - 85m2
Internal of 2 bedroom cottage - 58m2
Balcony on 2 bedroom cottage - 14m2

Outgoings:
Council Rates: $747.17 per quarter
Water Rates: $173.29 per quarter

The property is presented by Rise Property Group, for further information please contact Daniel Kostovski 0402 037 940.

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, Rise Property Group 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.

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Property History for 153-155 Kanahooka Rd, Kanahooka, NSW 2530

A timeline of how this property has performed in the market
Last Sold
$1,150,000
10 Nov 2023
Listed for Rent
$520/w
28 Jun 2024
  • 03 Oct 2024
    Listed for Rent $560 / week
  • 12 Jun 2024
    Listed for Rent $520 / week
  • 10 Nov 2023
    Sold for $1,150,000
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About Kanahooka 2530

The size of Kanahooka is approximately 3.6 square kilometres. It has 8 parks covering nearly 14.8% of total area. The population of Kanahooka in 2011 was 5,166 people. By 2016 the population was 5,562 showing a population growth of 7.7% in the area during that time. The predominant age group in Kanahooka is 60-69 years. Households in Kanahooka are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kanahooka work in a trades occupation. In 2011, 86.7% of the homes in Kanahooka were owner-occupied compared with 85.4% in 2016.

Kanahooka has 2,416 properties. Over the last 5 years, Houses in Kanahooka have seen a 64.94% increase in median value, while Units have seen a 46.31% increase. As at 30 September 2024:

  • The median value for Houses in Kanahooka is $803,893 while the median value for Units is $745,011.
  • Houses have a median rent of $610 while Units have a median rent of $485.
There are currently 12 properties listed for sale, and 3 properties listed for rent in Kanahooka on OnTheHouse. According to CoreLogic's data, 100 properties were sold in the past 12 months in Kanahooka.

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Daniel Kostovski
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Hunter Jacobs
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Rise Property Group
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