109 Gregory StreetSouth West Rocks NSW 2431
Property Details for 109 Gregory St, South West Rocks
109 Gregory St, South West Rocks is a 3 bedroom, 2 bathroom House with 6 parking spaces and was built in 1970. The property has a land size of 1088m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (November 2022)
This unique property offers the new owner 3 existing units with a strong rental history and development approval for the addition of a new 3 bedroom home at the rear.
It is centrally located in town, opposite a supermarket and associated shops, walking distance to the beach, with a bus stop out front.
The property would be ideal for someone looking to retire to the Rocks - it offers a DA Approved three bedroom home to build at the rear of this huge 1088sqm block, and three existing units that will produce ongoing income in excess of $1,040 pw. The three units comprise two 2 bedroom units at ground level and a large 3 bedroom unit on the first level.
Investors will also benefit from the strong rental history and attractive yield in an environment of record low interest rates, with the bonus of being able to add capital value to the property by adding a new home and strata titling the four dwellings.
All Council development consent and construction certificate requirements have been met in respect of the new three bedroom home and the strata titling of the front three units, and works have recently commenced. For the plans of this dwelling please just request.
The owner is keen to move on to new projects, and is very willing to entertain all reasonable offers.
Call Heath now for further details of this wonderful investment and/or lifestyle opportunity in the heart of South West Rocks.
https://buy.realtair.com/properties/99055
DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.
Property History for 109 Gregory St, South West Rocks, NSW 2431
- 21 Nov 2022Sold for $1,100,000
- 14 Sep 2022Listed for Sale Timed Auction - Ending 22nd Nov at 6pm
- 23 Aug 2021Listed for Rent $400 / week
Recent sales nearby
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0About South West Rocks 2431
The size of South West Rocks is approximately 13.6 square kilometres. There are 8 parks, covering nearly 6.3% of the total area. The population of South West Rocks in 2016 was 4603 people. By 2021 the population was 5058 showing a population growth of 9.9% in the area during that time. The predominant age group in South West Rocks is 70-79 years. Households in South West Rocks are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South West Rocks work in a community and personal service occupation.In 2021, 73.00% of the homes in South West Rocks were owner-occupied compared with 70.70% in 2016.
South West Rocks has 4,273 properties. Over the last 5 years, Houses in South West Rocks have seen a 29.44% increase in median value, while Units have seen a 44.66% increase. As at 31 July 2026:
- The median value for Houses in South West Rocks is $782,023 while the median value for Units is $621,320.
- Houses have a median rent of $565 while Units have a median rent of $450.
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