FOR SALE
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246 Moorefields Road
Beverly Hills NSW 2209

Bedrooms: 4
Bathrooms: 4
Car spaces: -
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High Income Multi Stream Investment Opportunity Situated in a Prime Location

Discover unparalleled potential with this exceptional multi-income streamed investment property, strategically located in a landmark location. Combining diverse and multiple revenue streams, this investment offers both stability and growth in one of the most sought-after locations. Offering an inviting and modern double brick construction, this property features 4 units, each fully equipped with modern kitchenettes, bathrooms, internal laundry, air conditioning that is situated within a secure, modern complex.
In addition, the investment includes a ground floor retail premises with an ultimate exposure. The retail shop also includes bathroom facilities, a spacious storage room and enhanced with security CCTV, alarm system and fully ducted air conditioning. The building also offers solar power, perfect for energy efficiency.
Don't miss your chance to own a landmark property that promises solid returns and versatile usage.
Key Highlights:
• Diverse Income Streams: Five distinct revenue sources, including one retail shop and four residential units.
• Residential Units: Four well-maintained units with potential for rental increases due to high occupancy demand on this building.
• Commercial Space: Recently renovated shop with modern improvements, solid lease, with high visibility to showcase products for maximum exposure.
• Flexible Layout: Reopenable access between residential and commercial spaces for versatile usage.
• Modern Amenities: Newly extended second floor, attic for storage, secured building, comprehensive fire system, and ample solar power.
• Prime Location: High-visibility building at a busy intersection with ample side street parking.
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Property Details for 246 Moorefields Rd, Beverly Hills

246 Moorefields Rd, Beverly Hills is a 4 bedroom, 4 bathroom BlockOfUnits. The place is currently for sale with HT Wills Real Estate.

Building Type
BlockOfUnits

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About Beverly Hills 2209

The size of Beverly Hills is approximately 3.1 square kilometres. It has 16 parks covering nearly 8.9% of total area. The population of Beverly Hills in 2011 was 9,660 people. By 2016 the population was 10,153 showing a population growth of 5.1% in the area during that time. The predominant age group in Beverly Hills is 20-29 years. Households in Beverly Hills are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Beverly Hills work in a professional occupation. In 2011, 73.2% of the homes in Beverly Hills were owner-occupied compared with 69.1% in 2016.

Beverly Hills has 4,386 properties. Over the last 5 years, Houses in Beverly Hills have seen a 69.33% increase in median value, while Units have seen a 19.52% increase. As at 31 August 2024:

  • The median value for Houses in Beverly Hills is $1,630,082 while the median value for Units is $759,018.
  • Houses have a median rent of $800 while Units have a median rent of $600.
There are currently 8 properties listed for sale, and 12 properties listed for rent in Beverly hills on OnTheHouse. According to CoreLogic's data, 160 properties were sold in the past 12 months in Beverly hills.

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Kris Atkinson
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HT Wills Real Estate
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