FOR SALE
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18-20 Hutchinson Street
Granville NSW 2142

Bedrooms: 20
Bathrooms: 10
Car spaces: 12
Land area: 1191m2
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RARE OPPORTUNITY - Entire Block of Ten (10) Units

Outstanding and rare opportunity to acquire this entire unit block of ten (10) units to be sold in one line, with a current passing income of $250,120 per annum. With the 10 units strata approved and strata subdivision completed this is truly a unique opportunity.
Ideal opportunity to capitalise on the current housing shortage and increase rents in line with the market. Further renovations can result in strong rental increases. Opportunity to renovate and resell the units individually with strata subdivision completed.
Features include:
* Great unit mix 10 x 2-bedroom units
* 12 onsite car spaces. 10 lock up garages plus 2 visitors parking
* Site area 1191m2 approximately
Strata subdivision completed, all the hard work done
* Two (2) level walk up building over carpark
* Double brick construction
* Generous floor plan layouts
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Property Details for 18-20 Hutchinson St, Granville

18-20 Hutchinson St, Granville is a 20 bedroom, 10 bathroom BlockOfUnits with 12 parking spaces. The property has a land size of 1191m2. The place is currently for sale with LJ Hooker Guildford | Granville.

Building Type
BlockOfUnits
Land Size
1191m2

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About Granville 2142

The size of Granville is approximately 3.3 square kilometres. It has 13 parks covering nearly 3.9% of total area. The population of Granville in 2011 was 13,989 people. By 2016 the population was 15,343 showing a population growth of 9.7% in the area during that time. The predominant age group in Granville is 20-29 years. Households in Granville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Granville work in a professional occupation. In 2011, 49.7% of the homes in Granville were owner-occupied compared with 44.8% in 2016.

Granville has 7,961 properties. Over the last 5 years, Houses in Granville have seen a 64.42% increase in median value, while Units have seen a 12.34% increase. As at 31 October 2024:

  • The median value for Houses in Granville is $1,200,250 while the median value for Units is $529,466.
  • Houses have a median rent of $650 while Units have a median rent of $570.
There are currently 58 properties listed for sale, and 40 properties listed for rent in Granville on OnTheHouse. According to CoreLogic's data, 485 properties were sold in the past 12 months in Granville.

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Joe Bechara
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LJ Hooker Guildford | Granville
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