125 Manning RoadWoollahra NSW 2025
Property Details for 125 Manning Rd, Woollahra
Last Listing description (April 2024)
Ray White Commercial Eastern Suburbs is pleased to present 125 Manning Rd, Woollahra for sale by Public Auction.
This property presents an incredible opportunity to acquire a freehold property with scope to reposition, develop + add value.
Property Highlights:
- Located in a neighbourhood retail setting directly opposite Cooper Park
- Underdeveloped 2 level freehold building with scope to add value
- Incredible opportunity for developers, investors + / or future owner occupiers.
- Offer dual access from both front and side of the building with courtyard at the rear.
- Leased to established health / wellness business "Empowered Health + Performance"
- Annual Rental Income: $65,000pa + GST (approx.) with flexible lease in place
- Directly next door to popular local favourite "Cafe Arno"
- Moments to Bondi Junction Bus / Train Interchange + Westfield Shopping Centre
Development Highlights (Woollahra LEP 2014)
- Land Size: 223m2 (approx.),
- Existing Building Area:121m2 (approx.)
- FSR 1.5:1 / 11m Height Limit
- Potential Building Area: 335m2**
- E1 Local Centre Zoning which allows for a variety of uses**
**Subject to Council Approval
Auction Details
Date: April 11th, 2024 @ 6pm (unless sold prior)
Location: Ray White Double Bay Office, 356 New South Head Rd, Double Bay
Property History for 125 Manning Rd, Woollahra, NSW 2025
- 11 Apr 2024Sold for $2,350,000
- 12 Mar 2024Listed for Sale AUCTION
- 19 Aug 2020Listed for Rent - Price not available
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0About Woollahra 2025
The size of Woollahra is approximately 1.3 square kilometres. It has 12 parks covering nearly 10.4% of total area. The population of Woollahra in 2011 was 7,180 people. By 2016 the population was 7,387 showing a population growth of 2.9% in the area during that time. The predominant age group in Woollahra is 30-39 years. Households in Woollahra are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Woollahra work in a professional occupation. In 2011, 57.4% of the homes in Woollahra were owner-occupied compared with 58.2% in 2016.
Woollahra has 4,585 properties. Over the last 5 years, Houses in Woollahra have seen a 72.47% increase in median value, while Units have seen a 21.16% increase. As at 31 July 2024:
- The median value for Houses in Woollahra is $4,921,571 while the median value for Units is $1,381,588.
- Houses have a median rent of $1,700 while Units have a median rent of $815.
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