OFF MARKET

4/118 Alfred Street S
Milsons Point NSW 2061

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 118m2
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Property Details for 4/118 Alfred St S, Milsons Point

4/118 Alfred St S, Milsons Point is a 1 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
Unit
Floor Size
118m2
Local Government
North Sydney
Lot/Plan
4/SP83595

Last Listing description (May 2019)

Shop 4 / 118 Alfred Street, Milsons Point offers a newly fitted out retail shop which presents exceptionally well with a large exclusive outdoor seating area. The property has just been leased as an Italian Restaurant/Pizzeria to an experienced operator on a New 5 + 5 year lease.
Features Include:
118sqm internally + large outdoor seating area

NEW 5 + 5 year lease
Gross Income $76,700 + GST
Net Income $66,127.41 + GST
4% fixed increases pa
5 month security deposit
Director Guarantees
Impressive restaurant fit out
Male, Female & Disabled Bathrooms

To inspect the property or to receive further information please contact Nick Lowry from CI Australia

Property History for 4/118 Alfred St S, Milsons Point, NSW 2061

A timeline of how this property has performed in the market
Last Sold
$1,287,500
01 Nov 2018
Listed for Rent
04 Mar 2015
  • 01 Nov 2018
    Sold for $1,287,500
  • 21 Jun 2016
    Sold for $1,080,000
  • 18 Dec 2014
    Listed for Rent - Price not available
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About Milsons Point 2061

The size of Milsons Point is approximately 0.2 square kilometres. It has 4 parks covering nearly 30.6% of total area. The population of Milsons Point in 2011 was 2,014 people. By 2016 the population was 2,172 showing a population growth of 7.8% in the area during that time. The predominant age group in Milsons Point is 30-39 years. Households in Milsons Point are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Milsons Point work in a professional occupation. In 2011, 45.3% of the homes in Milsons Point were owner-occupied compared with 44.1% in 2016..

Milsons Point has 2,046 properties. Over the last 5 years, Houses in Milsons Point have seen a 58.36% increase in median value, while Units have seen a 19.52% increase. As at 31 August 2024:

  • The median value for Houses in Milsons Point is $5,570,878 while the median value for Units is $2,032,379.
  • Houses have a median rent of $700 while Units have a median rent of $995.
There are currently 9 properties listed for sale, and 11 properties listed for rent in Milsons point on OnTheHouse. According to CoreLogic's data, 77 properties were sold in the past 12 months in Milsons point.

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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.