OFF MARKET

12 O'Connell Street
Monterey NSW 2217

Bedrooms: 4
Bathrooms: 3
Car spaces: 1
Floor area: 373m2
Land area: 536m2
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Property Details for 12 O'Connell St, Monterey

12 O'Connell St, Monterey is a 4 bedroom, 3 bathroom House with 1 parking spaces and was built in 2020. The property has a land size of 536m2 and floor size of 373m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
House
Year Built
2020
Floor Size
373m2
Land Size
536m2
Local Government
Bayside
Lot/Plan
3/DP6524

Last Listing description (September 2018)

A great site to make a stunning new statement, this fully original weatherboard residence stands on a large 536sqm allotment just one block from the water and acres of parkland. The focus is definitely on the future here as the generous landholding of this dilapidated old property provides the ideal foundation for a knockdown/rebuild project with fantastic potential to capitalise on its premium position.

The home is now being offered to the market for the first time in 70 years and features a classic three-bedroom layout with high ceilings plus an original kitchen and bathroom. A supremely deep backyard has several outbuildings including a workshop and pergola, plus there is a good sized front yard as well.

There is serious untapped potential here for a major renovation, a fresh new start or development project (STCA). Either way, it represents a unique prospect with a big future and is located within walking distance to beaches, foreshore walkways, hospitals, schools and shopping amenities.

Features include:
- Three-bedroom weatherboard home in original condition
- An unrenovated shell in need of a total rejuvenation
- On the market now for the first time in 70 years
- Large 536sqm allotment with an expansive backyard
- Huge potential for a knockdown, rebuild or a fresh start
- In a prime street setting just one block to the waterfront

For further details, contact Shaun Ramani on 0417 444 919 or 8097 2425. Raine & Horne Sans Souci.
Whether you are buying, selling or leasing a property in Monterey, contact the Raine & Horne Sans Souci team on 9583 1616. Servicing the St.George Peninsula.

Property History for 12 O'Connell St, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$1,380,000
08 Sep 2018
  • 08 Sep 2018
    Sold for $1,380,000
  • 12 Aug 2018
    Listed for Sale SOLD AT AUCTION $1,380,000 | Shaun Ramani
  • 15 Jan 2018
    Sold

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About Monterey 2217

The size of Monterey is approximately 1.2 square kilometres. It has 7 parks covering nearly 26.5% of total area. The population of Monterey in 2011 was 4,330 people. By 2016 the population was 4,540 showing a population growth of 4.8% in the area during that time. The predominant age group in Monterey is 40-49 years. Households in Monterey are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Monterey work in a professional occupation. In 2011, 66.1% of the homes in Monterey were owner-occupied compared with 66% in 2016.

Monterey has 2,409 properties. Over the last 5 years, Houses in Monterey have seen a 51.81% increase in median value, while Units have seen a 26.59% increase. As at 31 October 2024:

  • The median value for Houses in Monterey is $1,993,043 while the median value for Units is $872,453.
  • Houses have a median rent of $938 while Units have a median rent of $620.
There are currently 5 properties listed for sale, and 7 properties listed for rent in Monterey on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Monterey.

Suburb Insights for Monterey 2217

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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.