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  • 73-75 Clissold Parade, CAMPSIE, NSW 2194

73-75 Clissold Parade, Campsie, NSW 2194

  • 16 Bed
  • 8 Bath
  • 8garages

Sold

Sold Prior To Auction for $4,350,000 on 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

Daniel Maiese 0419 256 571

Ross Musso 0413 039 093

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avatar Paul Pettenon
Paul Pettenon
Principal/Licensee in Charge
avatar Daniel Maiese
Daniel Maiese
Licensed Real Estate Agent

Got a property to sell? Contact us for a free Request Appraisal

Property Info:
  • Property ID: L21907380
  • Property Type:Block of Units
  • Garages:8
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R&H Suburb Profile: Campsie
R&H Suburb SummaryHouses
Number of sales77
Average Price$1,853,864
Median Price$1,702,000
Median Rental Price$750 p.w.
Change in Rental Rate (5yr)47 %
R&H Suburb SummaryUnits
Number of sales432
Average Price$651,214
Median Price$636,500
Median Rental Price$560 p.w.
Change in Rental Rate (5yr)29 %
Median Trend - $1,702,000
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