204 Gipps Road, Gwynneville, NSW 2500 sold on 14 February 2025 | OnTheHouse
 
SOLD
Sold on 14 Feb 2025 for $3,000,000

204 Gipps Road
Gwynneville NSW 2500

Bedrooms: 10
Bathrooms: 6
Car spaces: 6
Land area: 766m2
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A-List Property Group
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Property Details for 204 Gipps Rd, Gwynneville

204 Gipps Rd, Gwynneville is a 10 bedroom, 6 bathroom House with 6 parking spaces and was built in 1960. The property has a land size of 766m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 10 bedroom House sold in Gwynneville in the last 12 months.

Building Type
House
Year Built
1960
Land Size
766m2
Local Government
Wollongong
Lot/Plan
100/DP581562

Last Listing description (February 2025)

Ultimate Investment Opportunity - 6 Units on 1 Title

Proudly presenting this exceptional investment opportunity, featuring a full brick complex of six units all on one title, located in the sort after suburb of Gwynneville.

This property features 4x two-bedroom units and 2x one-bedroom units, providing many options for the savvy investor such as, further scope for modernisation and improvements internally to increase the current return and overall value, the potential to strata titles these units to then be sold off separately and of course future re-development opportunities (STCA)

All units are well proportioned with comfortable living spaces, well-appointed kitchens, sizeable bedrooms and bathrooms, internal laundry?s, balconies, ample storage and allocated carport parking spaces with two additional visitor parking.

Currently returning $124,800 Gross per annum, all on secure leases providing you with an immediate return on your investment.

The property is situated on a level 766m2 block with a 15.2 frontage, R2 zoned.

Whether you're looking to add to your portfolio, embark on a development project, or simply capitalise on the prime location, this Torrens title block of six units offers endless possibilities for the astute investors.

Positioned perfectly, steps away from Gwynneville?s vibrant Village, which is filled with cafes, restaurants and local shops, public transport at your doorstep with the free shuttle bus, Wisemans Park Bowling Club and Beaton Park Leisure Centre and Basketball courts and a short walk or drive to Wollongong CBD, University, Tafe, Public & Private hospitals and local beaches.

Key Features Include:

- The Ultimate Investment with 6x units on 1 Title
- 4x two-bedroom units and 2x one-bedroom units
- Currently returning $124,800 Gross per annum
- Solid brick construction with 8 on-site parking spaces
- Situated on a level 766m2 block with 15.2m frontage, R2 Zoned
- Opportunity to explore strata possibilities or redevelopment (S.T.C.A.)

Outgoings:
Council Rates $4797 per annum
Water Rates $5171 per annum

*** Sold by Anthony Sorace - 0413 690 459 - A-List Property Group***

Disclaimer:
Whilst A-List Property Group has made every effort to ensure the information supplied to you in our marketing material is correct, we cannot guarantee the accuracy of the information provided by our Vendors, and as such, A-List Property Group makes no statement, representation, or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.

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Property History for 204 Gipps Rd, Gwynneville, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$3,000,000
14 Feb 2025
Listed for Rent
$250/w
12 Nov 2011
  • 14 Feb 2025
    Sold for $3,000,000
  • 20 Aug 2024
    Listed for Sale $3,000,000
  • 23 Oct 2019
    Listed for Rent $300 / week
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About Gwynneville 2500

The size of Gwynneville is approximately 1.2 square kilometres. It has 8 parks covering nearly 21.0% of total area. The population of Gwynneville in 2016 was 3100 people. By 2021 the population was 3139 showing a population growth of 1.3% in the area during that time. The predominant age group in Gwynneville is 20-29 years. Households in Gwynneville are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Gwynneville work in a professional occupation.In 2021, 43.50% of the homes in Gwynneville were owner-occupied compared with 42.60% in 2016.

Gwynneville has 1,336 properties. Over the last 5 years, Houses in Gwynneville have seen a 50.70% increase in median value, while Units have seen a 41.02% increase. As at 31 October 2025:

  • The median value for Houses in Gwynneville is $1,233,022 while the median value for Units is $712,090.
  • Houses have a median rent of $650 while Units have a median rent of $490.
There are currently 7 properties listed for sale, and 1 property listed for rent in Gwynneville on OnTheHouse. According to Cotality's data, 51 properties were sold in the past 12 months in Gwynneville.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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