7/129 Terralong St, Kiama is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 2188m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in October 2019.
This excellent investment apartment is located in the centre of Kiama. This single level serviced apartment is refurbished and offers a large floor plan suitable for holiday makers and weekends away. The property has onsite management guaranteeing regular and return bookings and is set well off Kiama's Terralong Street, but an easy walk to restaurants, harbour and shopping
The apartment features include, a large open-plan lounge and dining area, full kitchen with dishwasher, large balcony with leafy outlook, 3 bedrooms, ensuite in main bedroom and walk in wardrobe, main bathroom with spa, full laundry, two undercover car spaces plus an extra storage area for all the holiday toys The apartment will be sold fully furnished as is and is completely self contained.
Owners and guests enjoy well managed and maintained facilities. It is an ideal location in the heart of Kiama with a spacious layout, pool with BBQ area and is set for consistent bookings and excellent income returns.
Income figures available on request.
The size of Kiama is approximately 10 square kilometres. It has 27 parks covering nearly 7.6% of total area. The population of Kiama in 2011 was 6,272 people. By 2016 the population was 6,900 showing a population growth of 10.0% in the area during that time. The predominant age group in Kiama is 60-69 years. Households in Kiama are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kiama work in a professional occupation. In 2011, 68.5% of the homes in Kiama were owner-occupied compared with 71.2% in 2016.
Kiama has 5,113 properties. Over the last 5 years, Houses in Kiama have seen a 86.46% increase in median value, while Units have seen a 47.94% increase. As at 31 October 2024:
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