2/3 Dympna StreetCromer NSW 2099
Property Details for 2/3 Dympna St, Cromer
Last Listing description (June 2020)
Properties like this in small boutique complex's of only 4 units don't come up very often. Take advantage of these low interest rates and secure this outstanding investment, or purchase as an owner occupier and move in and occupy on the 19th July 2021.
The property boosts street access, easy parking, a high clearance, electric roller door and Northerly aspect. Excellent access for containers, easy customer street parking and only 5 minutes to Dee Why, Narrabeen or Frenchs Forest. The property offers a great work/life balance with easy access to beaches/leisure activities and excellent transport links close by with services to Manly Wharf and Sydney CBD.
Total area 177sqm
3 Phase Power
Internal Kitchenette
Shared M&F Bathroom
Boutique complex of 4 units
Carpeted and Air conditioned Mezzanine office
Clear span warehouse (H 6.5. D 15 x W 10.5 metres)
Electric Roller Door (5 Metres x 4.25 Wide)
Per Annum Outgoings $7,959 (approx)
LEASE DETAILS
4.7% Net Return
Lease Commencement: 19 July 2018
Lease Expiry: 18 July 2020
PA Rent: $43,764 Gross | $35,805 Net (inc GST)
Reviews: 3% and Market review at Option Period
Lease Term: Two Years
Option Term: One Year
This small complex is situated on the corner of Dympna Street and Boola Avenue Cromer. In the heart of Cromer's industrial precinct and approximately 2km to Pittwater Road, the main carriage way for the for the Northern Beaches. Minutes away from Warringah Road and only 2.8km's to Dee Why, 3.1km to Warringah Mall and 21.7km to Sydney Central. Cromer enjoys public facilities such as Pittwater House, Cromer, Collaroy Beach and much more.
Call Paul Cunningham on 0413 161 661 today for your inspection.
**All prices are per annum and quoted areas/measurements are approximations only**
Property History for 2/3 Dympna St, Cromer, NSW 2099
- 27 Mar 2020Listed for Sale $760,000
- 12 Jun 2018Listed for Rent $44,250 / year
- 08 Apr 2003Sold for $1,375,000
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About Cromer 2099
The size of Cromer is approximately 6.3 square kilometres. It has 30 parks covering nearly 15.5% of total area. The population of Cromer in 2016 was 7592 people. By 2021 the population was 8030 showing a population growth of 5.8% in the area during that time. The predominant age group in Cromer is 40-49 years. Households in Cromer are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Cromer work in a professional occupation.In 2021, 77.90% of the homes in Cromer were owner-occupied compared with 79.00% in 2016.
Cromer has 3,578 properties. Over the last 5 years, Houses in Cromer have seen a 52.86% increase in median value, while Units have seen a 70.27% increase. As at 31 December 2025:
- The median value for Houses in Cromer is $2,490,031 while the median value for Units is $1,280,273.
- Houses have a median rent of $1,250 while Units have a median rent of $705.
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