OFF MARKET

23-27 Adina Avenue
Phillip Bay NSW 2036

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 461m2
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Property Details for 23-27 Adina Ave, Phillip Bay

Building Type
Commercial
Land Size
461m2
Local Government
Randwick
Lot/Plan
1/DP240461

Last Listing description (May 2014)

VACANT NURSING HOME AT ADINA AVENUE, PHILLIP BAY - EOI INVITED.
Preston Rowe Paterson have pleasure in inviting Expressions of Interest for either the purchase or lease of a Council owned nursing home situated on Adina Avenue at Phillip Bay, known as ???Eric Callaway House???.
The property comprises a single allotment of residentially zoned land upon which is constructed a former nursing home previously offering a total of 43 beds (most recent configuration), along with ancillary administration and service areas.

Randwick City Council are seeking Expressions of Interest from prospective purchasers and lessees and offer the property on an ???As Is, Where Is??? vacant possession basis.

Property History for 23-27 Adina Ave, Phillip Bay, NSW 2036

A timeline of how this property has performed in the market
Listed for Rent
28 Sep 2017
  • 28 Sep 2017
    Listed for Sale Not Disclosed
  • 28 Sep 2017
    Listed for Sale EXPRESSIONS OF INTEREST
  • 28 Sep 2017
    Listed for Rent - Price not available
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About Phillip Bay 2036

The size of Phillip Bay is approximately 0.6 square kilometres. It has 5 parks covering nearly 29.1% of total area. The population of Phillip Bay in 2011 was 635 people. By 2016 the population was 693 showing a population growth of 9.1% in the area during that time. The predominant age group in Phillip Bay is 10-19 years. Households in Phillip Bay are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Phillip Bay work in a professional occupation. In 2011, 83.7% of the homes in Phillip Bay were owner-occupied compared with 80.4% in 2016.

Phillip Bay has 284 properties. Over the last 5 years, Houses in Phillip Bay have seen a 92.20% increase in median value, while Units have seen a 66.47% increase. As at 31 October 2024:

  • The median value for Houses in Phillip Bay is $2,906,834 while the median value for Units is $1,623,861.
  • Houses have a median rent of $763.
There are currently 1 property listed for sale, and 2 properties listed for rent in Phillip bay on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Phillip bay.

Suburb Insights for Phillip Bay 2036

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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.