OFF MARKET

5/39-41 Lagoon Street
Narrabeen NSW 2101

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
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Property Details for 5/39-41 Lagoon St, Narrabeen

5/39-41 Lagoon St, Narrabeen is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
Unit
Year Built
2006
Floor Size
75m2
Local Government
Northern Beaches
Lot/Plan
5/SP76651

Last Listing description (February 2017)

This is a wonderful opportunity for an investor, downsizer or first home buyer to invest in a recently painted, tightly held block on Lagoon Street, just 300 steps to Narrabeen Beach. With impressive rental returns, this unit oozes modern, easy living. Finished with a contemporary neutral palette, ground floor with both a covered front balcony and a huge rear courtyard, this two bedroom unit is instantly appealing.
Located on the beach side of Pittwater Road, away from traffic and busy intersections, take full advantage of lakeside walks, access to city transport primary schools, childcare centres and local shopping district with plenty of services and restaurants for all to enjoy.
Both generous bedrooms have built in robes, the master includes an ensuite and sliding glass doors to the private courtyard and communal green space beyond. The kitchen, lounge and dining areas are clad in easy to maintain timber flooring creating a warm and inviting atmosphere. The modern kitchen feature stone bench tops, stainless steel appliances, gas cooktop, dishwasher and roller pantry sure to please the home chef. Full modern bathroom, plus ensuite, air conditioning, separate internal laundry with storage and secure parking for one vehicle complete the package.

Take full advantage of this unit's easy living design, walk to everything and start enjoying this great locality. View as advertised or call Martha MacLaurin-Wood on 0437 627 842 for more information.
Additional information and relevant documents can be downloaded directly via the Drake website on www.drakerealestate.net.au
Council Rates: $305 per quarter
Water Rates: $175 per quarter
Strata Levies: $805 per quarter
On Title: 126 sqm
Rental Returns: $620 per week, leased until 27 March 2016
Pet Policy: Sorry no pets

Property History for 5/39-41 Lagoon St, Narrabeen, NSW 2101

A timeline of how this property has performed in the market
Last Sold
$815,000
20 Nov 2015
Listed for Rent
$600/w
13 Mar 2015
  • 20 Nov 2015
    Sold for $815,000
  • 28 Oct 2015
    Listed for Sale $815,000
  • 05 Mar 2015
    Listed for Rent $600 / week
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About Narrabeen 2101

The size of Narrabeen is approximately 4.6 square kilometres. It has 21 parks covering nearly 13.3% of total area. The population of Narrabeen in 2011 was 7,474 people. By 2016 the population was 8,214 showing a population growth of 9.9% in the area during that time. The predominant age group in Narrabeen is 30-39 years. Households in Narrabeen are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narrabeen work in a professional occupation. In 2011, 50.2% of the homes in Narrabeen were owner-occupied compared with 52.2% in 2016.

Narrabeen has 4,351 properties. Over the last 5 years, Houses in Narrabeen have seen a 54.11% increase in median value, while Units have seen a 40.66% increase. As at 30 September 2024:

  • The median value for Houses in Narrabeen is $2,995,018 while the median value for Units is $1,234,332.
  • Houses have a median rent of $950 while Units have a median rent of $750.
There are currently 24 properties listed for sale, and 5 properties listed for rent in Narrabeen on OnTheHouse. According to CoreLogic's data, 156 properties were sold in the past 12 months in Narrabeen.

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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.