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SOLD

13 Cringila Street CRINGILA, NSW 2502

Sold - Thursday 2 November 2023 for $620,000
Bed Icon5 Bedrooms
Bath Icon1 Bathrooms
Car Icon3 Parking
Unimproved value:$399,000 (2022-2023)Block size:575
Bed Icon5 Bedrooms
Bath Icon1 Bathrooms
Car Icon3 Parking

Attention renovation enthusiasts… Two homes on one title

Welcome to this versatile property that offers boundless opportunities, featuring not one, but two distinct residences on a single title. Whether you're an ambitious renovator or a savvy investor, this unique offering promises rewards and potential in equal measure.

Main House: Transform Your Dream Home:
Situated on a generous 575m2 (approx.) block, the front property beckons with untapped potential. Here's your chance to breathe new life into a character-filled, yet run-down gem. Step inside to discover a functional layout featuring three spacious bedrooms adorned with built-in robes, high ceilings, and ornate cornices. The central bathroom, open-plan kitchen, living, and dining areas are ripe for replacement and remodelling, offering a canvas for your creative vision to flourish. Additionally, the house beneath boasts parking for three cars and ample storage solutions.

Investment Potential: Unlock Significant Returns:
Smart investors will recognize the goldmine of potential returns within this property. Whether you're considering flipping or holding, this property presents a canvas upon which to paint your financial success.

Granny Flat: Family Proximity and Rental Income:
Keep your family close while enjoying the added benefit of rental income from the brand new 2-bedroom granny flat. This modern addition provides versatile accommodation for extended family members, teenagers, or elderly parents. In an era where accommodating the elderly is in high demand, creating the perfect space to empower your loved ones while maintaining their independence.

Maximise Your Earning Potential:
Elevate your investment portfolio by capitalising on dual rental income. Rent out the granny flat to tenants, or consider a creative lifestyle change by moving into the granny flat yourself and renting out the main house. With this approach, you can maximise your earning potential and achieve positive cash flow on your investment.

Strategic Location: Convenience at Your Doorstep:
Located just a five-minute drive from Warrawong and Figtree, or a ten-minute drive to the bustling Wollongong Central, convenience is at your doorstep. You'll also find local shops and public transport within walking distance, making daily errands a breeze.

Are you ready to unlock the endless potential of this versatile property? With the right vision, resources, and execution, it has the makings of a standout investment. Don't miss your chance to make your mark on this promising real estate opportunity. Contact Monique Field today for more information and to schedule a private viewing.

Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested person/s should rely on their own enquiries.

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Additional Features

  • Checkmark IconLiving Areas
  • Checkmark IconGarage
  • Checkmark IconSplit System Air Conditioning
  • Checkmark IconDishwasher
  • Checkmark IconBuilt-in Robes

Information about this House

  • Listed on
  • Last updated
  • Property typeHouse
  • Block size575m² (approx)
  • Bedrooms5
  • Bathrooms1
  • Parking spaces3
  • Land value$399,000 (2022)
  • Stamp duty$22,432
  • Rates$1,960
* Figures quoted above are approximate values based on available information.

Sales History for 13 Cringila Street CRINGILA, NSW 2502

There is currently no sale history available for 13 Cringila Street.

Local Neighbourhood

13 Cringila Street CRINGILA, NSW 2502 has 26 schools within 5 kilometres, with the closest being Cringila Public School.

DistanceSchoolAddress
0.33 kmCringila Public SchoolSheffield St, Cringila 2502Pin Icon
0.90 kmWarrawong High SchoolCowper St, Warrawong 2502Pin Icon
1.02 kmSt Francis of Assisi Catholic Primary School95 Flagstaff Road, Warrawong 2502Pin Icon

About Cringila

13 Cringila Street is located within the suburb of Cringila, which has a population of 2,198, a median age of 36 and an average household density of 2.9 people.

  • 2198Population
  • 36Median Age
  • 2.9Avg. Household Size
Median Sale Price

Household Composition

Established Families
Couples
Single Parent Families
Single
Group Household

Dwelling Types

Houses
Apartments
Not Stated
Other

Occupancy Types

Owned w/ Mortgage
Owned Outright
Rented Privately

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Cringila Street

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