Sold
Last Asking Price - $3,900,000
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11 Owen Street, Bulli NSW 2516

Apartment
1477
Block size: 2005 m² approx.

INVEST! + FLIP! = PROFIT!

Nestled in the sought-after beach side location of Bulli, lies a lucrative investment opportunity awaiting savvy investors.

This property presents a rare chance to acquire an entire block comprising seven two-bedroom strata approved villas, each featuring a well-appointed bathroom / kitchen and convenient under cover parking space. The villas are effectively designed to offer single level living and large grassed yards.

- Current gross rental return: $161,720.00 PA.
- Block size: 2011 SQM.
- 7 x 2-bedroom villas with 1 bathroom and 1 under cover car space.
- Strata approved and ready to register.
- Excellent opportunity to renovate and sell individual villas.
- 600m to one of Illawarra's most pristine beaches.
- 1km to local shops, cafes, and retail.
- 1.3km to Bulli train station.


The Important Numbers:
Council Rates: $xx per quarter
Water Rates: $xx 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.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Madison Phipps to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
14
Bathrooms:
7
Garage Spaces:
7
Property type:
Apartment
Block Size:
2005 *

Other Details

Lot:
61
Plan Type:
DP
Plan:
567203
Legal description:
61/567203
MMJ North

Maps and area information

Block information
Block size: 2005 (approx)
Legal description: 61/567203
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

What's nearby

Woonona Public SchoolPrimary School
1.1km
Woonona High SchoolHigh School
0.8km
Lawrence Hargrave Private HospitalHospital
3.4km
FranklinsMajor Shopping Centre
0.9km
St Mary Star Of The Sea CollegeCollege
9.3km
Post OfficePost Office
5.3km

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
28 Mar 2024
Sold
MMJ North
Listed: 08/03/2024
Block size: 2011m²
Transfer type: Full transfer
13 Mar 2024
Sold at auction
MMJ North
$3,850,000
Contract: 13/03/2024
Listed: 08/03/2024
Days on market: 5
Block size: 2011m²
Transfer type: Full transfer

Bulli suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
42 years
Population
6,798
Listing ID: 182360365. This listing has been viewed 15 times. It was first displayed on 08/03/2024 and last updated on 28/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.