OFF MARKET

3/148 The Grand Parade
Monterey NSW 2217

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 63m2
Land area: 509m2
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Last updated 16 Dec 2024
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Property Details for 3/148 The Grand Parade, Monterey

3/148 The Grand Parade, Monterey is a 2 bedroom, 1 bathroom Unit and was built in 1966. The property has a land size of 509m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in September 1996.

Building Type
Unit
Year Built
1966
Floor Size
63m2
Land Size
509m2
Local Government
Bayside
Lot/Plan
3/SP2232

Last Listing description (June 2023)

Perfectly located in the heart of Monterey, its location is second to none, and is only footsteps from your doorstep to Monterey Beach & just moments from all local amenities it's easy to say 'convenience' is the first box you'll tick off the list.

Immaculately presented and embraced by an abundance of natural light this stunning ground-floor apartment has a spacious, practical floor plan with open-plan living and two generous bedrooms which share the main bathroom.

You'll be impressed from the moment you step inside, with the warm & inviting light-filled living/dining area presenting modern living that is perfect for relaxed gatherings and social occasions.

The combined living/dining area flows seamlessly onto the gourmet kitchen which features a tiled splash back, updated timber bench tops, ample cupboard space as well as an electric cooktop and oven, offering a cosy cooking space.

The homes accommodation comprises two bedrooms that are oversized with solid timber floors and mirrored built-ins.

Both bedrooms share the immaculately kept main bathroom with a generous frameless glass shower.

The undercover front porch - offers the best of 'in and outdoor' entertainment to enjoy with family and friends all year round.

The perfect opportunity presents itself for first home buyers, downsizers, and investors alike, to secure a property with a versatile floor plan and absolute low-maintenance living.

Features:
- Lucrative investment opportunity with the property currently leased at $550 per week and tenants willing to stay on the long term.
- Shared laundry area.
- Quality double-brick apartment.

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Property History for 3/148 The Grand Parade, Monterey, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$134,000
05 Sep 1996
Listed for Rent
$370/w
22 Jun 2021
  • 01 May 2023
    Listed for Sale Price guide $600,000
  • 11 Jun 2021
    Listed for Rent $370 / week
  • 03 Jan 2018
    Listed for Rent - Price not available
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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 2,413 properties. Over the last 5 years, Houses in Monterey have seen a 59.12% increase in median value, while Units have seen a 26.84% increase. As at 30 November 2024:

  • The median value for Houses in Monterey is $2,238,157 while the median value for Units is $886,980.
  • Houses have a median rent of $910 while Units have a median rent of $620.
There are currently 3 properties listed for sale, and 4 properties listed for rent in Monterey on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Monterey.

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