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Sold on 20 Nov 2024 - Price Unavailable

7/25 Loftus Street
Wollongong NSW 2500

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 961m2
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MMJ Real Estate North
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Property Details for 7/25 Loftus St, Wollongong

7/25 Loftus St, Wollongong is a 3 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 961m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom Unit sold in Wollongong in the last 12 months.

Building Type
Unit
Year Built
1970
Land Size
961m2
Local Government
Wollongong
Lot/Plan
7/SP70361

Last Listing description (December 2024)

Conveniently situated adjacent to Wollongong Hospital in the thriving health and medical hub of Wollongong CBD, this expansive three-bedroom apartment plus a separate study has been recently renovated , including being freshly painted throughout .

Key Features:

- Tastefully appointed family bathroom featuring a bathtub, shower, with laundry facilities complemented by a standalone toilet.

- Kitchen area thoughtfully renovated with stainless steal appliances and a separate dining area.
- Strategically positioned in the bustling heart of Wollongong's esteemed medical district.
- Seamless connectivity to the train station and CBD amenities including shopping, dining, and entertainment options.
- 2 car spaces on title one being undercover.
- The property is currently leased until 5/6/25 at $600 per week.

Zoned E2 Commercial Centre, the versatility of this property is yours to explore.

Benefit from its prime location and existing infrastructure, making it an ideal space for those seeking a professional home office or a lucrative residential investment opportunity.

Embrace the opportunity presented by this multi-functional property, offering both a secure investment and the potential for a rewarding lifestyle in one of Wollongong's most sought-after locales.

The Important Numbers:
Council Rates: $565 per quarter
Water Rates: $174 per quarter
Strata Rates: $1,424 per quarter

*This advertising has been prepared by MMJ Real Estate (MMJ) for the purpose of advertising and general information only. MMJ do not guarantee, represent, or warrant that the information contained in this advertising is correct. Any interested party should undertake their own inquiries as to the accuracy of the information published.

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Property History for 7/25 Loftus St, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
20 Nov 2024
Listed for Rent
$420/w
04 Aug 2016
  • 20 Nov 2024
    Sold
  • 03 Nov 2024
    Listed for Sale $585,000
  • 04 Mar 2024
    Listed for Sale Not Disclosed
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About Wollongong 2500

The size of Wollongong is approximately 5.9 square kilometres. It has 28 parks covering nearly 23.4% of total area. The population of Wollongong in 2011 was 16,716 people. By 2016 the population was 18,454 showing a population growth of 10.4% in the area during that time. The predominant age group in Wollongong is 20-29 years. Households in Wollongong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wollongong work in a professional occupation. In 2011, 39.6% of the homes in Wollongong were owner-occupied compared with 39.6% in 2016.

Wollongong has 15,733 properties. Over the last 5 years, Houses in Wollongong have seen a 45.88% increase in median value, while Units have seen a 33.46% increase. As at 30 November 2024:

  • The median value for Houses in Wollongong is $1,149,991 while the median value for Units is $762,103.
  • Houses have a median rent of $620 while Units have a median rent of $600.
There are currently 83 properties listed for sale, and 85 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 724 properties were sold in the past 12 months in Wollongong.

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