37 Boollwarroo Pde, Shellharbour is a 4 bedroom, 4 bathroom House. The property has a land size of 597m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in December 2001.
This beachfront reserve property presents a unique opportunity for redevelopment, located just 50 meters from South Shellharbour Beach and under 700 meters from the Marina at Shell Cove.
The original building offers a wealth of exciting possibilities. Whether you're a family looking to design your dream home or a renovator or investor with an eye on the future, the location ensures your plans are well-positioned for success.
The property currently features an original dwelling with 4 x 1-bedroom flats, generating an approximate income of $66,040 gross income per year.
This income provides a steady return as you plan your future development. With a level 598 sqm parcel of land and direct access to the beachfront reserve, the location couldn't be more ideal for a lifestyle-focused investment.
Current Rental Returns
Unit 1 = $330 p/w
Unit 2 = $310 p/w
Unit 3 = $330 p/w
Unit 4 = $320 p/w
Total Annual Gross Income = $66,040
Zoned R2 and currently tenanted with leases in place, the property is north/east-facing, further enhancing its appeal.
Situated in the heart of Shellharbour Village, this is the perfect location for a superb coastal lifestyle.
The size of Shellharbour is approximately 2.4 square kilometres. It has 18 parks covering nearly 23.8% of total area. The population of Shellharbour in 2016 was 3561 people. By 2021 the population was 3520 showing a population decline of 1.2% in the area during that time. The predominant age group in Shellharbour is 60-69 years. Households in Shellharbour are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Shellharbour work in a professional occupation.In 2021, 64.50% of the homes in Shellharbour were owner-occupied compared with 65.10% in 2016.
Shellharbour has 1,882 properties. Over the last 5 years, Houses in Shellharbour have seen a 67.53% increase in median value, while Units have seen a 74.32% increase. As at 30 November 2025:
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