89-91 Willarong Road,
Caringbah, NSW 2229

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Map of 89-91 Willarong Road

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SOLD BY DAMEN ASTEY & HAYDEN BENNETT

Located on Willarong Road, Caringbah is this prime investment opportunity with further development upside. Land area of some 2,086m² that was redeveloped into a strata title of 6 lots all fully leased. Close proximity to Captain Cook Drive as well as Caringbah Shops & Train Station makes this a well located development site with strong rental income. Features include:

* 2,086m² approx land area
* Constructed in approx 2004
* Six Strata Titled Townhouses
* 5 x 3 bedroom townhouse plus 1 x 2 bedroom townhouse
* Current combined annual rental income of approx $182,000.00 pa
* Zoning R4 High Density
* FSR 1.2:1
* 16m building height limit

Please contact Hayden Bennett or Damen Astey for further information.

Caringbah, 2229 demographic data

The median household income for Caringbah is $1,890, 9% lower than Greater Sydney's household income of $2,077. Caringbah has a similar age profile compared to the rest of Greater Sydney (median age 37). Property ownership data shows 55% of property owners in Caringbah have a mortgage.

12,575

Population

$1,890 per week

Median household income

37 years

Median age

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Most residents

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