18A/18B Alexander StreetCollaroy NSW 2097
Property Details for 18a/18b Alexander St, Collaroy
Last Listing description (August 2021)
FOR SALE VIA EXPRESSION OF INTEREST (EOI)
This fantastic site is located just 100m from the Collaroy Beach, and is fully DA approved for dual boarding houses. This opportunity allows for a huge potential holding passive income for an astute developer, in what is an approved development.
Details in brief:
- Two Boarding Houses:
- 18A Alexander St, Collaroy
- 11 rooms including managers room
- 22 resident capacity
- $314,000 gross income projection
- 18B Alexander St, Collaroy
- 10 rooms including managers room
- 19 resident capacity
- $286,000 gross income projection
Please call for more details.
Property History for 18a/18b Alexander St, Collaroy, NSW 2097
- 15 Jul 2021Listed for Sale EOI closing 1st September 10.00am
Recent sales nearby
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0About Collaroy 2097
The size of Collaroy is approximately 2.7 square kilometres. There are 11 parks, covering nearly 34.6% of the total area. The population of Collaroy in 2016 was 7870 people. By 2021 the population was 7944 showing a population growth of 0.9% in the area during that time. The predominant age group in Collaroy is 50-59 years. Households in Collaroy are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Collaroy work in a professional occupation.In 2021, 67.00% of the homes in Collaroy were owner-occupied compared with 66.20% in 2016.
Collaroy has 3,823 properties. Over the last 5 years, Houses in Collaroy have seen a 12.54% increase in median value, while Units have seen a 18.35% increase. As at 31 May 2026:
- The median value for Houses in Collaroy is $3,399,489 while the median value for Units is $1,313,563.
- Houses have a median rent of $1,853 while Units have a median rent of $825.
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