OFF MARKET

30 Princes Highway
Mollymook NSW 2539

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 25010m2
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Property Details for 30 Princes Hwy, Mollymook

Building Type
Land
Land Size
25010m2
Local Government
Shoalhaven
Lot/Plan
171/DP710398

Last Listing description (May 2017)

We are genuinely excited to offer The Joinery Estate Mollymook, Lot 5 and Lot 61 Princes Highway Mollymook for sale by public auction on the 21st of September 2016.
Gateway to the popular beach front village of Mollymook on the NSW south coast. The two adjoining DA approved lots on offer are strategically located halfway between the historic village of Milton and the friendly harbour front township of Ulladulla.
Celebrated master chief Rick Stein and his Bannisters seafood restaurant at Mollymook has added to the areas prominence in recently times, in recent times, so has the upgrading of the Princess Highway from Gerringong to Nowra.

Lot 5 and 61 present an excellent opportunity for developers and investors to secure a DA approved 71 lot residential subdivision in a selling off-the plan property market. Construction operation consent has been granted. Recent nearby land sale prices, for an average 700m2 residential lot are selling for well over $200,000 each.
Also on offer is an adjoining DA approved 6 lot Integrated Development subdivision with a potential to yield approximately 50 terraces/villas. Ideal for downsizing retirees and holiday house buyers.
The Joinery Estate Lots 5 and 61 Ilet Street Mollymook is perfectly positioned with direct access to nearby Mollymook beach, Hilltop Golf Course, Milton and Ulladulla shopping centres.
Mollymook is a fashionable coastal holiday destination attracting Canberrans and Sydney Baby boomer retirees moving to sea change and tree change locations with the promise of a stress free lifestyle.
Site areas; Lot 5, 6.97ha, Lot 61, 2.31ha approximately
Popular beach front suburb
Zoned R1 General Residential
DA Approved for 71 lot subdivision
DA approved subdivision for 6 lot Integrated Development sites
3 minute drive to the popular Mollymook beach and HillTop Golf Course
Centrally located between Ulladulla and Milton

Property History for 30 Princes Hwy, Mollymook, NSW 2539

A timeline of how this property has performed in the market
  • 15 Aug 2016
    Listed for Sale Price Upon Application

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About Mollymook 2539

The size of Mollymook is approximately 1.8 square kilometres. It has 8 parks covering nearly 25.4% of total area. The population of Mollymook in 2011 was 1,184 people. By 2016 the population was 1,068 showing a population decline of 9.8% in the area during that time. The predominant age group in Mollymook is 60-69 years. Households in Mollymook are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mollymook work in a professional occupation. In 2011, 76.8% of the homes in Mollymook were owner-occupied compared with 73.9% in 2016.

Mollymook has 1,229 properties. Over the last 5 years, Houses in Mollymook have seen a 73.66% increase in median value, while Units have seen a 62.32% increase. As at 31 October 2024:

  • The median value for Houses in Mollymook is $1,040,985 while the median value for Units is $652,717.
  • Houses have a median rent of $630 while Units have a median rent of $455.
There are currently 47 properties listed for sale, and 2 properties listed for rent in Mollymook on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Mollymook.

Suburb Insights for Mollymook 2539

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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.