429 Lawrence Hargrave DriveScarborough NSW 2515
Property Details for 429 Lawrence Hargrave Dr, Scarborough
429 Lawrence Hargrave Dr, Scarborough is a 2 bedroom, 1 bathroom House and was built in 1930. The property has a land size of 405m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in July 2019.
Last Listing description (August 2019)
A once in a lifetime opportunity has presented itself to the Scarborough market to secure an elevated cliff top position along the prestigious Lawrence Hargrave Drive.
Surrounded by other architecturally designed residences, this original cottage will appeal to builders, renovators and investors who seek a beachside location with room to add value, rebuild or invest.
Location
Perched along the cliffs in a highly sought-after street, the abode enjoys the best of both worlds with a gorgeous escarpment vista to the west and breathtaking ocean views to the east. Access to the shoreline of Scarborough Beach is a casual stroll down the road and is also where you'll find playing fields and a playground.
Local amenities are nearby including Scarborough Public School and Scarborough Train Station, while the iconic Scarborough Hotel is a popular breakfast and lunch destination by the sea offering fabulous food and drinks. A quick drive will take you into the neighbouring townships of Wombarra and Coledale which provide further amenities and services.
Positioned on the northern end of the Illawarra region, the residence is just over an hour from Sydney and a 30-minute drive to Wollongong making this an ultra-convenient abode for those who work in town but prefer a tranquil beachside home to escape to at the end of a busy day.
Property
The charm of yesteryear delights as soon as you arrive at this well cared for cottage, whereupon stepping inside, it's clear that many treasured family memories have been made in this quaint and character-filled residence.
A cosy lounge room provides ample space to relax and is flanked by 2 large bedrooms, the master of which is equipped with built-in robes. Light and bright, servicing the bedrooms is a bathroom featuring a shower and a separate toilet.
The retro-style eat-in kitchen is in immaculate condition and features ample cupboard space, quality appliances and a breakfast bar. Flowing with ease to the timber deck, here is where you'll spend most of your time, catching up with family and friends while you relish in the spectacular, panoramic ocean backdrop. Hard to come by, the home occupies a large and level 405m2 (approx) block and is surrounded by lush, low-maintenance gardens and features a shed with adjoining laundry.
Whether you're looking for your next DIY project or a complete knock down and rebuild, there is plenty of room to extend the property to add further value or consider adding a second floor to capitalise on those sensational views!
Lifestyle
The sky's the limit as to what can be achieved on this prime beachside allotment offering a rare opportunity to transform this original abode into the coastal home of your dreams. Investors will also appreciate the potential capital gains and solid returns on investment this beachside property represents, whilst first buyers can purchase an oceanfront home for an entry-level price. Appealing to a broad range of buyers and boasting a relaxed coastal lifestyle close to amenities and beaches, this residence will be snapped up quickly.
Don't delay your inspection, call now to arrange a viewing today.
Property History for 429 Lawrence Hargrave Dr, Scarborough, NSW 2515
- 25 Jul 2019Sold for $1,200,000
- 09 Jul 2019Listed for Sale Price Guide $1,150,000 - $1,250,000
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0About Scarborough 2515
The size of Scarborough is approximately 1.3 square kilometres. It has 4 parks covering nearly 19.5% of total area. The population of Scarborough in 2011 was 276 people. By 2016 the population was 301 showing a population growth of 9.1% in the area during that time. The predominant age group in Scarborough is 40-49 years. Households in Scarborough are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Scarborough work in a professional occupation. In 2011, 77.6% of the homes in Scarborough were owner-occupied compared with 80.2% in 2016.
Scarborough has 152 properties. Over the last 5 years, Houses in Scarborough have seen a 106.01% increase in median value, while Units have seen a 22.30% increase. As at 31 October 2024:
- The median value for Houses in Scarborough is $2,296,377 while the median value for Units is $580,074.
- Houses have a median rent of $735.
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