71 Fletcher St, Tamarama is a 8 bedroom, 4 bathroom Unit. The property has a land size of 461m2. While the property is not currently for sale or for rent, it was last sold in August 2019.
A rare and exciting opportunity exists to purchase a block of three beachside apartments offering boundless potential with existing concept plans to re-build two brand new semi residences. It currently comprises a four bedroom upper level apartment with house-like proportions, separate living/dining areas and an open plan timber kitchen. The lower level apartments feature mirroring layouts with separate living/dining areas and two bedrooms. Buyers and investors will be impressed with the excellent rental prospects, home-plus income potential or chance to redevelop in one of Sydney's most sought-after coastal pockets. It is positioned within footsteps of Marks Park and the scenic coastal walk, while a stroll to Bondi and Tamarama Beaches, village shops, buses, hip bars and eateries (STCA).
Property Features:
- Four bedroom house-like apartment on upper level
*Concept Plans Available Upon Request*
The size of Tamarama is approximately 0.3 square kilometres. It has 3 parks covering nearly 28.5% of total area. The population of Tamarama in 2011 was 1,450 people. By 2016 the population was 1,598 showing a population growth of 10.2% in the area during that time. The predominant age group in Tamarama is 30-39 years. Households in Tamarama are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Tamarama work in a professional occupation. In 2011, 45.8% of the homes in Tamarama were owner-occupied compared with 50.5% in 2016.
Tamarama has 966 properties. Over the last 5 years, Houses in Tamarama have seen a 43.74% increase in median value, while Units have seen a 61.99% increase. As at 30 November 2024:
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