148 Kingsway Woolooware NSW 2230
Property Details for 148 Kingsway, Woolooware
148 Kingsway, Woolooware is a 0 bedroom, 0 bathroom House and was built in 1950. The property has a land size of 884m2 and floor size of 248m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 0 bedroom House sold in Woolooware in the last 12 months.
Last Listing description (November 2023)
CBRE, as the exclusive selling agent, is pleased to present Shire Studios, a rare new generation boarding house in the sought after beach-side suburb on Sutherland Shire.
Positioned on 148 Kingway, Woolooware, Shire Studios benefits from the following key attributes:
- Land area of 882sqm* with R2 residential zoning providing strong underlying land value
- Depreciation benefits from a 2019 build completion
- Strong occupancy track record (currently 100% occupancy)
- Diversified income streams with the low maintenance costs
- Beachside suburb with strong leasing demand
- One of Three Boarding Houses witihn Woolooware
- Capitalise on the strong leasing demand - forecast to continue from international students, young professionals, tourists & net migration of 1.5million* over the next 5 years
- Easy walk to bus stops and Woolooware Train Station providing express services to Sydney CBD, Cronulla and greater Sydney
- Situated in a lifestyle focused locality in proximity to popular cafs, bars, restaurants, retail & the iconic Cronulla beach
*approx
Property History for 148 Kingsway, Woolooware, NSW 2230
- 28 Nov 2023Sold for $5,020,000
- 08 Nov 2023Listed for Sale Contact Agent
- 28 Jun 2019Listed for Rent - Price not available
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About Woolooware 2230
The size of Woolooware is approximately 2.4 square kilometres. It has 6 parks covering nearly 23.4% of total area. The population of Woolooware in 2011 was 4,209 people. By 2016 the population was 3,943 showing a population decline of 6.3% in the area during that time. The predominant age group in Woolooware is 40-49 years. Households in Woolooware are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woolooware work in a professional occupation. In 2011, 75.1% of the homes in Woolooware were owner-occupied compared with 76.9% in 2016.
Woolooware has 3,059 properties. Over the last 5 years, Houses in Woolooware have seen a 48.47% increase in median value, while Units have seen a 37.32% increase. As at 31 October 2024:
- The median value for Houses in Woolooware is $2,649,952 while the median value for Units is $1,047,094.
- Houses have a median rent of $1,225 while Units have a median rent of $750.
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