18 Warners AvenueWilloughby NSW 2068
Property Details for 18 Warners Ave, Willoughby
18 Warners Ave, Willoughby is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1955. The property has a land size of 860m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
Last Listing description (December 2022)
Ralton as exclusive marketing agents are thrilled to offer to the market 18 Warners Avenue, Willoughby Warners New Gen for sale via Expressions of interest.
Warners New Gen represents a unique opportunity to acquire a highly sought-after elevated parcel of tightly held land situated just minutes from all the required amenities of a desirable Lower North Shore location.
This site is being sold RAW with extended settlement terms available. This site is perfect for a New Generation Boarding House consisting of approximately 28-32 rooms with basement parking subject to council approval.
This Lower North Shore site occupying an impressive 860sqm*, enjoys close proximity to Northbridge shopping plaza (800m*) & the Quadrangle shopping village (300m*) which offers shops, speciality food outlets and public transport.
The site also benefits from R3 Medium Density Residential zoning and a 9-metre height limit allowing for a redevelopment into a new generation boarding house (STCA).
- Significant site area of 860 sqm*
- R3 Medium density zoning
- Floor space ratio of 0.7:1
- Height of the building 9m
- Situated just 800m* from Northbridge shopping plaza and 300m* to Quadrangle shopping village, Castlecrag
- High Demand for affordable accommodation
Based on comparables within the area, it is estimated that each boarding room will generate a weekly rental return of $350p/w - $375p/w.
Based on 28 rooms at $350p/w to $375p/w, the anticipated gross p/a total income is $509,600 to $546,000 at full capacity.
With these attractive projected numbers, 18 Warners Avenue, Willoughby, NSW 2068 Warners New Gen offers astute investors an opportunity to purchase a future high yielding asset within a highly sought after location.
The site will be Sold via Expressions of Interest submitted to exclusive agents Ralton Property Group.
*approximations
Property History for 18 Warners Ave, Willoughby, NSW 2068
- 17 Jul 2020Sold for $3,825,000
- 26 Jun 2019Listed for Rent - Price not available
- 11 Dec 2018Listed for Sale Expression of Interest
Recent sales nearby
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About Willoughby 2068
The size of Willoughby is approximately 1.6 square kilometres. It has 11 parks covering nearly 5.8% of total area. The population of Willoughby in 2016 was 6540 people. By 2021 the population was 7124 showing a population growth of 8.9% in the area during that time. The predominant age group in Willoughby is 40-49 years. Households in Willoughby are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Willoughby work in a professional occupation.In 2021, 67.50% of the homes in Willoughby were owner-occupied compared with 70.10% in 2016.
Willoughby has 3,720 properties. Over the last 5 years, Houses in Willoughby have seen a 43.61% increase in median value, while Units have seen a 47.54% increase. As at 31 December 2025:
- The median value for Houses in Willoughby is $3,555,224 while the median value for Units is $1,243,217.
- Houses have a median rent of $1,100 while Units have a median rent of $850.
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