73-75 Clissold Parade, Campsie, NSW 2194
- 16
- 8
- 8
Sold
Sold Prior To Auction for $4,350,000 (Oct 20, 2023)
A Rare Property Package with Size, Position and Potential
Astute investors will immediately recognise the current and long-term value of this unique offering in the heart of Campsie!
To be sold in one line, this established solid build construction and well-maintained boutique complex comprises of eight separate strata titled two bedrooms apartments all with separate laundry and lock-up garage. With excellent tenants already in place, you can simply add this property to your investment portfolio and reap the rewards straight away or move in to enjoy both a residence and income stream. This is an exceptional opportunity to secure an easy-care investment and capitalise on the ongoing gentrification of this convenient location within walking distance of Campsie town center and train station.
The noteworthy investment attributes of this property include:
- A collection of recently updated eight (8) Two bedroom apartments held in a single portfolio
- An existing gross income of approximately $174,720 per annum, providing a steady revenue stream ($420.00 per week per apartment).
- An expansive land area of 1077.79sqm, nestled in a prime location with R4 High Density Residential Zoning.
- A variety of value-enhancing opportunities, including further refurbishment
- A prime location in close proximity to key amenities such as Campsie Train Station, Campsie town center, Canterbury Hospital, school and parks.
- Ideal for property investor or self-managed super fund.
Enquiries: Paul Pettenon 0411 180 290
paul.pettenon@cs.rh.com.au
Daniel Maiese 0419 256 571
daniel.maiese@cs.rh.com.au
Ross Musso 0413 039 093
ross.musso@cs.rh.com.au
Got a property to sell? Contact us for a free Request Appraisal
- Property ID: L21907380
- Property Type:Block of Units
- Garages:8
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R&H Suburb Summary | Houses |
---|---|
Number of sales | 89 |
Average Price | $1,823,062 |
Median Price | $1,670,000 |
Median Rental Price | $760 p.w. |
Change in Rental Rate (5yr) | 38 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 401 |
Average Price | $638,621 |
Median Price | $630,000 |
Median Rental Price | $560 p.w. |
Change in Rental Rate (5yr) | 27 % |