Sold
Sold by Michael Panto
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30 Rhodes Street, Hillsdale NSW 2036

Other
1266
Block size: 495 m² approx.

Ideal Investment Opportunity - An entire block of 6 x 2 bedroom apartments with lock up garages, offered in one line.

Auction Location: In Office Auction Room 763 Anzac Parade Maroubra

Sold at Auction by Michael Panto for an oustanding price.
$410k over the reserve.
We had 10 registered bidders and the rest would still like to buy a block in the area.

If thinking of selling please contact me on 0416 166 931 for a confidencial discussion.


Outstanding offering to acquire a whole block of apartments to be sold in one line - this ideal investment opportunity would suit astute investors, SMSF buyers or developers.

Presenting a well-maintained corner block of 6 x 2 bedroom apartments on approx. 495m2 of land. This well located, sought after block of solid double brick construction is fully leased and returning a total yearly income: $173,160. Potential for increased rental returns with minor improvements, or strata title and sell separately (S.T.C.A.).

Featuring
An entire block offered in one line
6 x 2 bedroom apartments
Modern kitchens, internal laundries
Spacious living areas with balcony (1 unit has 2 balconies)
6 lock up garages. 1 storage garage.
Approx. 495m2 of land.

Located within 6 kilometres south-east of the CBD and within walking distance of Westfield Eastgardens and South Point Shopping Centres, Heffron Park, transport and within a short drive to the beach, cafes, shops and restaurants. Easy access to UNSW, POW Hospital and
Sydney Airport.

A perfect investment opportunity, these apartments offer an immediate income stream along with potential long term capital growth for astute investors.

Offering:
6 x 2 bed units. 12 beds, 6 bathrooms, 6 lock up garages, 1 storage garage.
Land Size: 495 sqm
Zoning: Medium Density Residential R3
Floor Space Ratio: 1:1
12 Metre Height Limits
Corner of Rhodes Street and Brittain Crescent.

Inspect: by appointment only.
Contact: Michael Panto 0416 166 931 to arrange access.

Auction: Tuesday 5th March at 6.30pm
Venue: In rooms at Wentworth Partners 763 Anzac Parade Maroubra

Inspections

No open inspections scheduled.

Send an enquiry

Contact Michael Panto to learn more about this property, request an inspection or take an online tour.

Auction

Tuesday 5 March, 6:30pm
On site

Key details

Bedrooms:
12
Bathrooms:
6
Garage Spaces:
6
Property type:
Other
Block Size:
495 *

Other Details

Lot:
Z
Plan Type:
DP
Plan:
29956
Legal description:
Z/29956
Wentworth Partners

Maps and area information

Block information
Block size: 495 (approx)
Legal description: Z/29956
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
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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

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
05 Mar 2024
Sold at auction
Wentworth Partners
$3,810,000
Contract: 05/03/2024
Listed: 05/02/2024
Days on market: 29
Block size: 495m²
Transfer type: Full transfer
04 Jan 2021
Sold
$0
Transfer: 04/01/2021
Block size: 493m²
Transfer type: Full transfer
04 Jan 2021
Sold
$0
Transfer: 04/01/2021
Block size: 493m²
Transfer type: Full transfer
Purpose: Residence

Hillsdale suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
36 years
Population
5,647
Listing ID: 182269921. This listing has been viewed 3 times. It was first displayed on 05/02/2024 and last updated on 16/04/2024.
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.