$2,500,000
109 Victoria Road, Punchbowl NSW 2196
Apartment
1266
Block size: 698 m² approx.
A whole block of 6 X 2 Bedroom units
This impressive block consists of six sturdy double-brick 2-bedroom apartments, each boasting its own parking space, in-unit laundry, and private balcony. Occupying approximately 695sqm of land, this property represents a remarkable investment opportunity with significant potential for value enhancement. Its proximity to local amenities such as schools, shopping centers, and public transportation adds to its appeal. Currently, it generates an approximate income of $125,000.
Key Features:
Complete block containing six 2-bedroom units
Each unit features a balcony, internal laundry, and parking space
The interiors are well-maintained and designed for low maintenance
Presents an excellent opportunity for long-term investment or to increase value
Benefits from low vacancy rates with potential for rental increase
Conveniently located within walking distance to shops and public transport
Nearby local educational institutions and parks
A short drive away from Roselands and Bankstown Centro shopping centers
Potential rental income of $156,000
This property is on the market and will be sold!
Financial Details:
Council Rates: $1,350 per quarter approx.
Water Rates: $1070.00 plus usage per quarter approx.
Land Valuation: $1,220,000
This property is not only a sound investment but also offers the chance to capitalize on its potential, making it a must-see for serious investors.
Key Features:
Complete block containing six 2-bedroom units
Each unit features a balcony, internal laundry, and parking space
The interiors are well-maintained and designed for low maintenance
Presents an excellent opportunity for long-term investment or to increase value
Benefits from low vacancy rates with potential for rental increase
Conveniently located within walking distance to shops and public transport
Nearby local educational institutions and parks
A short drive away from Roselands and Bankstown Centro shopping centers
Potential rental income of $156,000
This property is on the market and will be sold!
Financial Details:
Council Rates: $1,350 per quarter approx.
Water Rates: $1070.00 plus usage per quarter approx.
Land Valuation: $1,220,000
This property is not only a sound investment but also offers the chance to capitalize on its potential, making it a must-see for serious investors.
Inspections
Can't inspect in person?
Contact Paul Errichiello to enquire about this property including alternatives to in-person inspections.
Key details
Bedrooms:
12
Bathrooms:
6
Garage Spaces:
6
Property type:
Apartment
Block Size:
698 m²*
Other Details
Lot:
2
Plan Type:
DP
Plan:
205093
Legal description:
2/205093
Next Inspection:
Maps and area information
Block information
Block size: 698m² (approx)
Legal description: 2/205093
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Property history
We couldn't find any history for this property.
See Punchbowl's suburb profile
Punchbowl suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
35 years
Population
21,384
Listing ID: 182413026. This listing has been viewed 2 times. It was first displayed on 02/04/2024 and last updated on 27/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.