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  • 1 Plimsoll Street, BELMORE, NSW 2192

1 Plimsoll Street, Belmore, NSW 2192

  • 8 Bed
  • 4 Bath
  • 5garages

Sold

Auctioned for $2,200,000 on Jul 11, 2024

Entire Block Of Four Apartments Creates Exciting Investment Opportunity

Presenting an outstanding investment opportunity, this block of four double brick apartments is an incredibly rare market offering with strong income generating potential. It's a low rise residential building with two apartments positioned on each level, all offering generous living zones, covered balconies, two good sized bedrooms, full bathrooms, internal laundries, undercover off street parking plus excellent occupancy history that will greatly appeal to investors. This property is conveniently situated within walking distance of Clemton Park Shopping Village, Belmore South Public School and Canterbury Hospital, while only minutes away from Belmore's colourful collection of shops, coffee spots and restaurants. It's also handy for bus services, the train station, Canterbury League Club, Belmore Sports Ground and Canterbury Golf Course.

• Practical layout design with generous combined lounge and dining zones

• Effortless access to undercover balconies on north east side of apartment

• Plenty of scope to add further value and modernise whenever convenient

• Centrally positioned kitchens fitted with storage and electrical appliances

• Choice of two good sized bedrooms including the spacious main bedroom

• Full bathrooms consisting of vanity, toilet plus separate shower and bath

• Perfect for tenants seeking a low maintenance lifestyle of convenience

• Ideal opportunity for investors seeking instant income/future potential

• Side driveway access to rear with undercover off street parking spaces

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avatar Sam Epsimos
Sam Epsimos
Director | Licensed Real Estate Agent
avatar Michela Di Pasquale
Michela Di Pasquale
EA to Sam Epsimos l Licensed Real Estate Agent

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Property Info:
  • Property ID: L26769453
  • Property Type:Block of Units
  • Carports:5
  • Land Area:613.4 sqm
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R&H Suburb Profile: Belmore
R&H Suburb SummaryHouses
Number of sales94
Average Price$1,704,805
Median Price$1,657,500
Median Rental Price$750 p.w.
Change in Rental Rate (5yr)38 %
R&H Suburb SummaryUnits
Number of sales150
Average Price$669,531
Median Price$642,500
Median Rental Price$565 p.w.
Change in Rental Rate (5yr)53 %
Median Trend - $1,657,500
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