CBRE, AS THE EXCLUSIVE SELLING AGENT, IS PLEASED TO PRESENT 2 NIELD AVENUE, BALGOWLAH. THE PROPERTY IS AN OUTSTANDING OPPORTUNITY TO ACQUIRE A DA APPROVED DEVELOPMENT SITE WITH AN EXISTING RESIDENTIAL DUPLEX IN ONE OF AUSTRALIA S MOST HIGHLY DEMANDED SUBURBS.KEY FEATURES:- LARGE SITE (944.3SQM^) WITH APPROVED SUBDIVISION: 430SQM^ & 514.3SQM^ BLOCKS- EXISTING IMPROVEMENTS: DUPLEX WITH 3 & 2 BEDROOM UNITS (EXTEND AND REPOSITION)- SUBDIVIDED LAND SUITABLE FOR A 4 BEDROOM HOUSE (STCA)- ALTERNATE DEVELOPMENT OPTION: 3 LOT SUBDIVISION (STCA)- STRONG PROJECTED CAPITAL UPSIDE WITH FUTURE TRANSPORT INFRASTRUCTURE- LOCATED A SHORT WALK TO SYDNEY HARBOUR- PROXIMITY TO BUS STOPS WITH ROUTES TO SYDNEY CITY AND MANLY- ONLY METRES AWAY FROM STOCKLAND SHOPPING CENTREEOI CLOSING MONDAY, 21ST AUGUST 2017 AT 12 MIDDAY^APPROXIMATEFOR FURTHER DETAILS PLEASE CONTACT THE EXCLUSIVE CBRE SELLING AGENTS.FEATURES INCLUDE: BALCONY, SECURE PARKING, ENTERTAINMENT AREA
The size of Balgowlah is approximately 1.9 square kilometres. There are 12 parks, covering nearly 13.0% of the total area. The population of Balgowlah in 2016 was 7961 people. By 2021 the population was 8068 showing a population growth of 1.3% in the area during that time. The predominant age group in Balgowlah is 40-49 years. Households in Balgowlah are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balgowlah work in a professional occupation.In 2021, 66.90% of the homes in Balgowlah were owner-occupied compared with 65.80% in 2016.
Balgowlah has 4,351 properties. Over the last 5 years, Houses in Balgowlah have seen a 27.87% increase in median value, while Units have seen a 10.34% increase. As at 30 April 2026:
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