23 Baden RoadKurraba Point NSW 2089
Property Details for 23 Baden Rd, Kurraba Point
23 Baden Rd, Kurraba Point is a 11 bedroom, 11 bathroom Unit and was built in 1965. The property has a land size of 896m2.
Last Listing description (May 2024)
UNITS 2A, 2B, 2D, 3A, 3B, 3C, 4A, 4C, 4D, 5C, & 5D
A rare investment or development opportunity to acquire 11 waterfront studio apartments in a boutique block of 20 strata units, plus 6 car spaces. Constructed circa 1978 and boasting a north-facing aspect, this complex sits on the water's edge over 5 levels with spectacular uninterrupted harbour views. Each of the apartments is refurbished and in good overall condition and benefits from a passing weekly income of $5,206*.
- Positioned 500m from Kurraba Point Ferry Wharf.
- Sun-drenched East, North East aspect.
- Fully self-contained with internal laundry facilities.
- Communal storage of kayaks etc. with direct access to the water.
- Quiet and Peaceful location tucked away at the tip of Kurraba Point
- Excellent long-term investment
- Opportunity to further consolidate and redevelop
*Income subject to current tenancy schedule
For sale expressions of interest
Steven Chen
0412 959 959
stevenchen@theagency.com.au
Kingsley Yates
0411 875 017
kingsleyyates@theagency.com.au
Property History for 23 Baden Rd, Kurraba Point, NSW 2089
- 26 Feb 2024Listed for Sale Contact Agent
- 12 Apr 2023Listed for Sale Sold
- 10 Mar 2021Listed for Rent $300 / week
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About Kurraba Point 2089
The size of Kurraba Point is approximately 0.2 square kilometres. It has 6 parks covering nearly 7.5% of total area. The population of Kurraba Point in 2011 was 1,702 people. By 2016 the population was 1,529 showing a population decline of 10.2% in the area during that time. The predominant age group in Kurraba Point is 30-39 years. Households in Kurraba Point are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kurraba Point work in a professional occupation. In 2011, 49.2% of the homes in Kurraba Point were owner-occupied compared with 46.6% in 2016.
Kurraba Point has 1,027 properties. Over the last 5 years, Houses in Kurraba Point have seen a 59.15% increase in median value, while Units have seen a 27.20% increase. As at 31 October 2024:
- The median value for Houses in Kurraba Point is $5,921,010 while the median value for Units is $1,527,064.
- Houses have a median rent of $1,150 while Units have a median rent of $795.
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