FOR SALE
$479,000

1/23 Popran Road
Adamstown NSW 2289

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Affordable Investment Opportunity

Sound low maintenance investment property, currently leased to an excellent established long term tenant. The tenant, on an existing 12 month lease is paying $420.00 per week.
This compact one bedroom unit features an open plan living area with well appointed kitchen, large bedroom with built-in wardrobe, combined bathroom and toilet. The rear lane gives good access to the detached lockup garage ideal for a small car or storage.
The unit complex of 6 single story villas is perfectly located overlooking Adamstown Park and is situated within walking distance of Adamstown Bowling Club approximately 300m, Newcastle Race Course approximately 600m and a short distance to Adamstown Shopping Centre and Westfield Kotara.
Zoning: R2 Low Density Residential
Council: Newcastle
We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property Details for 1/23 Popran Rd, Adamstown

1/23 Popran Rd, Adamstown is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with CENTURY 21 Novocastrian (Newcastle).

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Unit

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About Adamstown 2289

The size of Adamstown is approximately 3 square kilometres. It has 8 parks covering nearly 31.2% of total area. The population of Adamstown in 2011 was 5,642 people. By 2016 the population was 6,053 showing a population growth of 7.3% in the area during that time. The predominant age group in Adamstown is 20-29 years. Households in Adamstown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adamstown work in a professional occupation. In 2011, 58.7% of the homes in Adamstown were owner-occupied compared with 57.7% in 2016.

Adamstown has 3,442 properties. Over the last 5 years, Houses in Adamstown have seen a 61.46% increase in median value, while Units have seen a 31.79% increase. As at 31 October 2024:

  • The median value for Houses in Adamstown is $1,056,241 while the median value for Units is $669,979.
  • Houses have a median rent of $650 while Units have a median rent of $520.
There are currently 17 properties listed for sale, and 5 properties listed for rent in Adamstown on OnTheHouse. According to CoreLogic's data, 141 properties were sold in the past 12 months in Adamstown.

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Paul Johns
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CENTURY 21 Novocastrian (Newcastle)
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