OFF MARKET

122 Crescent Road
Newport NSW 2106

Bedrooms: 10
Bathrooms: 6
Car spaces: 29
Land area: 5457m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 4 Nov 2024
Low

High
Save

Property Details for 122 Crescent Rd, Newport

122 Crescent Rd, Newport is a 10 bedroom, 6 bathroom House with 29 parking spaces. The property has a land size of 5457m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Land Size
5457m2
Local Government
Northern Beaches
Lot/Plan
111/DP556902

Last Listing description (July 2023)

Bitova and LJ Hooker Avalon Beach are pleased to present the opportunity to acquire a substantial 6,500sqm freehold & an additional crown leasehold in 122-128 Crescent Rd & 55-57 The Avenue Newport. Also referred to as Sirsi Marina.

Sydney's northern beaches is a vibrant, mixed use precinct, backed by significant public & private infrastructure investment. The asset is strategically located on one of Sydney's most desirable waterways. The perceptive investor will be offered a substantial holding in a suburb that is deeply rooted in the growth of the northern beaches. This prominent parcel on the corner of Crescent Road and The Avenue provides the property a commanding position.

Undeniably one of the most sheltered location on the waterfront.

INVESTMENT HIGHLIGHTS
With Sydney's population growth and the current inability for international travel, the local luxury goods market for cars, boats, and homes has increased exponentially due to the rise in available disposable income.

With Sirsi Marina providing solid holding, this opportunity provides the ability to own one of Pittwater's most protected marinas, with ever growing demand in an extremely tight market.

With 6 under developed residential lots on the site, 2 having additional permitted uses, this is an opportunity not to be passed up.

Major capital upgrades undertaken in 2010 including boat lift, new hardstand with bunding, new sea wall, workshop upgrade and new Bellingham marina.

Sirsi Marina provides a rare blend of short-term upside and long-term scalability.

Disclaimer:
All information contained herewith, including but not limited to the general property description, price and the address, is provided to LJ Hooker Avalon Beach by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.

Property History for 122 Crescent Rd, Newport, NSW 2106

A timeline of how this property has performed in the market
Last Sold
$28,500,000
17 May 2022
  • 28 Jul 2023
    Listed for Sale Sold
  • 14 Jan 2023
    Listed for Sale EOI - Contact Agent
  • 05 Sep 2022
    Listed for Sale Not Disclosed
Sign in to see more transactions

Commute Calculator

About Newport 2106

The size of Newport is approximately 3.8 square kilometres. It has 21 parks covering nearly 9.6% of total area. The population of Newport in 2011 was 9,036 people. By 2016 the population was 9,302 showing a population growth of 2.9% in the area during that time. The predominant age group in Newport is 50-59 years. Households in Newport are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Newport work in a professional occupation. In 2011, 72.5% of the homes in Newport were owner-occupied compared with 74.2% in 2016.

Newport has 4,501 properties. Over the last 5 years, Houses in Newport have seen a 55.05% increase in median value, while Units have seen a 29.16% increase. As at 31 October 2024:

  • The median value for Houses in Newport is $2,655,013 while the median value for Units is $1,176,877.
  • Houses have a median rent of $1,200 while Units have a median rent of $750.
There are currently 26 properties listed for sale, and 17 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 182 properties were sold in the past 12 months in Newport.

Suburb Insights for Newport 2106

Market Insights
Newport Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Newport Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.