OFF MARKET

23 Waratah Street
Windang NSW 2528

Bedrooms: 8
Bathrooms: 4
Car spaces: -
Floor area: 75m2
Land area: 670m2
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Last updated 28 Oct 2024
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Property Details for 23 Waratah St, Windang

23 Waratah St, Windang is a 8 bedroom, 4 bathroom Unit. The property has a land size of 670m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Floor Size
75m2
Land Size
670m2
Local Government
Wollongong
Lot/Plan
40/DP211904

Last Listing description (November 2023)

For Sale | Inspect by Private Appointment

Elders Real Estate Wollongong are PROUD to offer you this extremely rare block of flats. Sought after cash positive return.

This property is positioned in a popular beach and lake side suburb of Windang. Property is set on a 670m2 land and zoned R2.

Offering an astute investor, a great opportunity to secure these solid well-built, renovated and immaculately presented block of flats.

Spacious 4 x 2 bedroom flats

Offering open living areas, modern kitchens and appliances, polished floors, internal laundries, private rear courtyards.

BIW, air conditioning and off-street parking available.

Currently the property is fully leased, approx. annual return $97,760.00.

Centrally located within easy walking distance through the sand dunes of Windang Beach, Lake Illawarra, Golf Course, shops schools and transport.
Wollongong CBD town centre, both public and private hospitals along with Wollongong University only a short drive. Sydney CBD, and airport only 1 hour away.

An ideal strategic investment opportunity. Better than money in the BANK!

Call today and schedule your private inspection.

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Property History for 23 Waratah St, Windang, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$2,000,000
25 Aug 2023
Listed for Rent
$495/w
14 Feb 2022
  • 25 Aug 2023
    Sold for $2,000,000
  • 15 Dec 2022
    Listed for Sale Expressions of Interest
  • 21 Jun 2017
    Listed for Rent $300 / week
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About Windang 2528

The size of Windang is approximately 2.5 square kilometres. It has 10 parks covering nearly 42.1% of total area. The population of Windang in 2011 was 2,597 people. By 2016 the population was 2,643 showing a population growth of 1.8% in the area during that time. The predominant age group in Windang is 70-79 years. Households in Windang are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Windang work in a trades occupation. In 2011, 73.1% of the homes in Windang were owner-occupied compared with 74.1% in 2016.

Windang has 1,682 properties. Over the last 5 years, Houses in Windang have seen a 72.73% increase in median value, while Units have seen a 17.86% increase. As at 30 September 2024:

  • The median value for Houses in Windang is $989,987 while the median value for Units is $579,267.
  • Houses have a median rent of $660 while Units have a median rent of $470.
There are currently 12 properties listed for sale, and 3 properties listed for rent in Windang on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Windang.

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