OFF MARKET

59 Shellcove Road
Kurraba Point NSW 2089

Bedrooms: 12
Bathrooms: 6
Car spaces: 1
Land area: 472m2
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Property Details for 59 Shellcove Rd, Kurraba Point

59 Shellcove Rd, Kurraba Point is a 12 bedroom, 6 bathroom Unit with 1 parking spaces. The property has a land size of 472m2.

Building Type
Unit
Land Size
472m2
Local Government
North Sydney
Lot/Plan
CP/SP38308

Last Listing description (October 2019)

This is a rare offering, having been tightly held by one family for many years, this 3 level Art Deco period building offers a unique and exciting opportunity for investors & developers. All 6 apartments are connected by just one common wall.Located in a highly popular and desirable pocket of Neutral Bay just on the fringe of Cremorne reserve within easy walking distance of both Cremorne Point and Kurraba Point ferries.

The entire block comprises of 6 x 2 bedroom, 1 bathroom, strata apartments.
Original features including fireplaces and picture rails

Water glimpses from apartment 6
Enormous potential to renovate and capitalise on your investment
Gas kitchens throughout the building
Approximate quarterly outgoings:
Council rates: $858
Water rates: $1,068
TOTAL: $1,926 per quarter

Details: Andrew Thomas 0421 28 1234 or andrew@cremornefn.com.au

Solicitor: R. P. Holmes, R P Holmes : 02 9488 8857, 5 Cresta Close St Ives NSW 2075

Documentation for this property can be downloaded from the cremorne first national website

Property History for 59 Shellcove Rd, Kurraba Point, NSW 2089

A timeline of how this property has performed in the market
  • 19 Nov 2015
    Listed for Sale for sale
  • 24 Jul 2015
    Listed for Sale $4,550,000

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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.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Kurraba point on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Kurraba point.

Suburb Insights for Kurraba Point 2089

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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.