63 Crown St, Holland Park West is a 5 bedroom, 4 bathroom BlockOfUnits with 5 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 5 bedroom BlockOfUnits sold in Holland Park West in the last 12 months.
Presenting an exceptional opportunity to acquire this beautifully presented brick and tile block of units. Perfectly suited for the astute Investor seeking to upscale their property portfolio with a maintenance free, location valued investment, a rare to find property of such caliber.
Over one title, this block of four units represents peace of mind for the new owners offering an immediate return on investment with 4 fixed term tenancies in place till 2025, along with a strong demand for rental accommodation historically throughout the area of Holland Park West.
Since its last sale, this property has undergone a complete re-haul and major renovation with almost everything replaced excluding the original brick and tile structure.
Along with all the depreciation benefits and longevity of this holding investment, further opportunity presents to capitalise on other easy to do upgrades with potential to increase yield and reduce further outgoings.
Walk to everything from this premier inner-city suburban locale. Situated less than 500m away from the Holland Park shopping precinct with a multitude of public transport options, restaurants, pubs, medical and retail outlets (plenty of amenities within minutes) Along with the recently approved Woolworth's development, with approval in place for a brand new five story commercial and residential shopping center to be constructed on the corner of Logan Rd and Crump St.
Location perfect, low maintenance and fixed term tenancies returning an immediate return on investment. This property represents exceptional value and diversity, suited for any property portfolio.
Unit 1 (2bed, 1bath, 2car) - $520 per week, fixed lease - Jan 2026
Unit 2 (1bed, 1bath, 1car) - $475 per week, fixed lease - Apr 2025
Unit 3 (1bed, 1bath, 1car) - $475 per week, fixed lease - May 2025
Unit 4 (1bed, 1bath, 1car) - $475 per week, fixed lease - Apr 2025
Total - $1,945.00 Per week
For more information or to book an inspection of the property please call Steve Landeta on 0435 890 517
Disclaimer: While preparing this information we have used our best endeavors to ensure that the following information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.
The size of Holland Park West is approximately 2.8 square kilometres. It has 14 parks covering nearly 6.1% of total area. The population of Holland Park West in 2011 was 5,965 people. By 2016 the population was 6,367 showing a population growth of 6.7% in the area during that time. The predominant age group in Holland Park West is 30-39 years. Households in Holland Park West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Holland Park West work in a professional occupation. In 2011, 63.8% of the homes in Holland Park West were owner-occupied compared with 63.6% in 2016.
Holland Park West has 3,079 properties. Over the last 5 years, Houses in Holland Park West have seen a 74.13% increase in median value, while Units have seen a 71.01% increase. As at 31 July 2024:
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