84 Wentworth StreetOak Flats NSW 2529
Property Details for 84 Wentworth St, Oak Flats
84 Wentworth St, Oak Flats is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 969m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Oak Flats in the last 12 months.
Last Listing description (April 2024)
Ray White Commercial (SC) in conjunction with Ray White Shellharbour City proudly presents this boutique DA approved childcare development opportunity at 84 Wentworth Street, Oak Flats NSW to market. The property, favourably positioned only 150m* from Oak Flats Public School, will be offered for sale via Auction on Tuesday 9th April 2024, unless sold prior.
The property is DA approved for alteration to the existing dwelling to a childcare centre with 21 places. The built product has been sensitively designed to use the existing structure to minimise construction costs while maximising net lettable area. The site is located in the heart of Oak Flats, situated on the scenic Lake Illawarra. Oak Flats is a family-oriented community renowned for its water-centric lifestyle, offering direct access to both Lake Illawarra and the pristine Shellharbour beach coastline. In the Shellharbour Local Government Area (LGA), children aged 0 to 4 years constitute 6.0% of the total population, surpassing the corresponding figure for New South Wales.
Additional highlights of the asset include:
DA approved for a 21-place childcare centre
Land size: 696sqm*
Minimal construction cost required
Anticipated large population growth in the area^
Only 150m* from Oak Flats Public School
500m* to Oak Flats town centre
1.4km* to Oak Flats Station
2km* to Shellharbour Shopping Centre
84 Wentworth Street, Oak Flats is offered for sale via Auction on Tuesday, 9th April 2024 at 10:30am (AEDT). The Auction will be held at AuctionWorks located on Mezzanine Level, 50 Margaret St, Sydney NSW 2000.
For further information, please contact the exclusive selling agents below.
* Approximately
^ Refer to Location Particulars for relevant sources
Property History for 84 Wentworth St, Oak Flats, NSW 2529
- 12 Apr 2024Sold for $900,000
- 26 Feb 2024Listed for Sale AUCTION
- 20 Jun 2022Listed for Rent - Price not available
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0About Oak Flats 2529
The size of Oak Flats is approximately 3.7 square kilometres. It has 17 parks covering nearly 11.9% of total area. The population of Oak Flats in 2011 was 6,310 people. By 2016 the population was 6,377 showing a population growth of 1.1% in the area during that time. The predominant age group in Oak Flats is 50-59 years. Households in Oak Flats are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oak Flats work in a trades occupation. In 2011, 76.4% of the homes in Oak Flats were owner-occupied compared with 75.8% in 2016.
Oak Flats has 3,511 properties. Over the last 5 years, Houses in Oak Flats have seen a 64.33% increase in median value, while Units have seen a 51.86% increase. As at 31 October 2024:
- The median value for Houses in Oak Flats is $940,513 while the median value for Units is $711,038.
- Houses have a median rent of $630 while Units have a median rent of $620.
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