Back 7/131 Princes Hwy
Off Market

7/131 Princes Hwy

Corrimal NSW 2518

2
1
1
Apartment
Last sold for $560,000
Ben SpiteriBen Spiteri, last sold this property on 16 May 2025 after 44 days on market.

Overview

Perfect Investment or First Home Opportunity & Unbeatable Convenience!

Positioned on the second floor and designed for easy, low-maintenance living, this home is the perfect blend of comfort and convenience. With light-filled interiors and a private balcony to enjoy the outdoors, 7/131 Princes Highway, Corrimal presents an ideal opportunity for first home buyers, investors, or anyone looking to secure a home in a prime location. This 2-bedroom unit offers exceptional value for those seeking long-term stability. Currently tenanted by a reliable tenant, this property delivers consistent rental income from day one. Key Features: Two well-proportioned bedrooms with abundant natural light Floating floors in the kitchen and dining areas, with carpet in the living space and bedrooms for added comfort Sunlit open-plan living with glass sliding doors leading to a private balcony -perfect for your morning coffee or evening unwind Contemporary kitchen featuring electric cooktop, quality appliances, and ample cupboard space Well-appointed bathroom with a separate toilet for added convenience Generously sized internal laundry with excellent storage options Single off-street parking space in a tidy, well-maintained complex Enjoy the convenience of being within walking distance to Corrimal' s vibrant shops, cafes, medical centres, and public transport. With easy access to local beaches, schools, and the Northern Distributor, this location truly has it all. The Important Numbers: Council Rates: $415 per quarter Water Rates: $169 per quarter Strata Levies $1025 per quarter Rental Estimate: $500 per week *This advertising has been prepared by MMJ Real Estate (MMJ) for the purpose of advertising and general information only. MMJ do not guarantee, represent, or warrant that the information contained in this advertising is correct. Any interested party should undertake their own inquiries as to the accuracy of the information published.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Corrimal over the last 12 months, the estimated median property value of 7/131 Princes Hwy is $681k.

Median value
$681k
Estimated value range
$527k - $882k
Median days on market
35
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Corrimal. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7/131 Princes Hwy

2025
Sold
$560,000
Private Sale/Treaty on 16 May 2025 by Ben Spiteri, of MMJ North - Corrimal

Happy sellers in Corrimal

95%
95% of sellers in Corrimal reported that their sale price either exceeded or met their price expectations.

Corrimal stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Corrimal over the last 12 months.

Local market activity for 2 bedroom apartments in Corrimal

In the last 12 months, 20 two-bedroom apartments similar to 7/131 Princes Hwy, have been sold.

This represents a 5% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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