OFF MARKET

989 Barrenjoey Road
Palm Beach NSW 2108

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 140m2
Land area: 701m2
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Property Details for 989 Barrenjoey Rd, Palm Beach

989 Barrenjoey Rd, Palm Beach is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 701m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
1940
Floor Size
140m2
Land Size
701m2
Local Government
Northern Beaches
Lot/Plan
58/DP13620

Last Listing description (January 2024)

The position is extraordinary, the plans are brilliant, and the views are spectacular. Tucked above the vast expanse of Pittwater and claiming an extraordinary 25m of frontage with a deep water jetty and private beach, this mid-century cottage includes DA approved plans for an exquisite contemporary design across three levels.

Created by Mathieson Architects, the DA concept for this residence revolves around luxurious livability in the heart of Palm Beach; there are expansive living and entertaining zones spilling out to landscaped native gardens and pool, each level serviced by an internal lift. The kitchen and full butlers' pantry are designed with state-of-the-art technology and premium finishes, and weekend guests will appreciate ensuites with every bedroom. Additional highlights include a separate library, temperature controlled wine cellar, gym and rooftop terrace plus a handy turning circle under the double carport.

This incredible 727sqm deep waterfront property currently consists of:
- Spectacular views across Pittwater and Ku-ring Gai National Park
- Extra wide frontage neighbouring a government reserve providing further privacy and separation
- Deep waterfront jetty and private beach at low tide
- Original stone cottage with 3 bedrooms and 2 bathrooms; ability to create a charismatic holiday cottage or provide rental income prior to building
- Single garage with another off street parking space

The DA approved design for a four bed/four bath residence includes:
- Free-flowing, open interior spaces plus library, gym, wine cellar
- Internal lift from street level to each floor
- Smartly designed kitchen includes a fully equipped butlers' pantry
- Sumptuous master suite + sitting room; all bedrooms with ensuites
- Double carport and plenty of off street parking serviced by turning circle

It's a fabulous opportunity to secure a prime waterfront property and significantly reduce the completion time, on what promises to be the newest Palm Beach trophy home.

Property History for 989 Barrenjoey Rd, Palm Beach, NSW 2108

A timeline of how this property has performed in the market
Last Sold
$7,700,000
19 Apr 2023
  • 19 Apr 2023
    Sold for $7,700,000
  • 10 Feb 2023
    Listed for Sale Under Contract
  • 03 Mar 2021
    Sold for $5,800,000

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About Palm Beach 2108

The size of Palm Beach is approximately 2.7 square kilometres. It has 21 parks covering nearly 41.8% of total area. The population of Palm Beach in 2011 was 1,596 people. By 2016 the population was 1,620 showing a population growth of 1.5% in the area during that time. The predominant age group in Palm Beach is 60-69 years. Households in Palm Beach are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Palm Beach work in a professional occupation. In 2011, 70.5% of the homes in Palm Beach were owner-occupied compared with 75.2% in 2016.

Palm Beach has 1,438 properties. Over the last 5 years, Houses in Palm Beach have seen a 24.18% increase in median value, while Units have seen a 107.02% increase. As at 31 October 2024:

  • The median value for Houses in Palm Beach is $3,525,534 while the median value for Units is $1,962,978.
  • Houses have a median rent of $1,500 while Units have a median rent of $700.
There are currently 31 properties listed for sale, and 8 properties listed for rent in Palm beach on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Palm beach.

Suburb Insights for Palm Beach 2108

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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.