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24 Griffiths Street, Tempe NSW 2044

House84
Block size: 234 m² approx.
Can I afford this property?

Unique Real Estate Opportunity

Definitely a unique proposition , is this freestanding property with potential to expand on all levels of development, from a renovation to a brand new build. It presently contains 4 separate self contained apartments, each with own kitchens and bathrooms. the fourth a larger freestanding unit at the rear of the land holding, can be converted to a large double garage.

Covering a total corner block size of 228 sqm, it is positioned directly in front of Tempe Train Station, and with in a Residential Blue ribbon locale. The property has a commanding dominant Street presence .

This is an Ideal opportunity to purchase as is, and to reap the financial returns with the possibility of future expansion and a great capital return. Potential rental income Approx is $350 per week x 4 apartments totalling $1400 per week.

Features include:
- Minutes travel time by train to Sydney CBD, Bondi Junction and Sydney
Airports
- 5 Minutes walk to Cooks River
- Massive scope to expand on the current property subject to D.A
- Large open Courtyard area
- Corner position, close to all amenities.
- Large converted apartment presently a self contained flat at rear can
be reverted to original double secure parking.
Contracts of sale available upon request.

Features include: Close to Transport,Close to Shops,Pets Allowed,Close to Schools,Study

Inspections

Saturday, 25 Jun11:00am - 11:30am
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Contact Gerard Inangeri to enquire about this property including alternatives to in-person inspections.

Key details

Property Type:House
Lot:A
Plan Type:DP
Plan:4018
Block Size:234 *
*These are approximate values based on available information.
Gerard Partners
Next Inspection:
Sat 25 Jun,
11:00 AM

Maps and area information

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Block information
Block size: 234 (approx)
Legal description: A/4018
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2022.
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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.
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Home Loans

RepaymentsStamp duty & upfront costs

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
11 May 2021
Sold
$1,525,000
Contract: 30/03/2021
Transfer: 11/05/2021
Block size: 228m²
Transfer type: Full transfer
Purpose: Residence

Suburb and property insights

Median sales
Median Sale Price For Tempe
$1,672,750
Average Age
39 years
Population
3,556
Tempe's Property Profile
Tempe's Occupancy

Contact agents

Gerard Partners

Gerard Partners

View agency details
Gerard InangeriGerard Partners
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Listing ID: 180573915. This listing has been viewed 22 times. It was first displayed on 27/04/2022 and last updated on 22/06/2022.