31 York StreetBelmore NSW 2192
Property Details for 31 York St, Belmore
31 York St, Belmore is a 10 bedroom, 4 bathroom BlockOfUnits with 6 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 10 bedroom BlockOfUnits sold in Belmore in the last 12 months.
Last Listing description (November 2024)
This solid full brick boutique building of 4 apartments is a remarkable investment, promising immediate lucrative returns and immense potential for future income growth in a thriving location The property consists of 2 x 2 bedroom apartments each featuring 3 balconies and a garage and 2 x 3 bedroom apartments each with 2 balconies and a garage. Additional highlights include individual laundries and driveway access to further onsite parking for several cars.
Excellent opportunity for a long-term investment now with a current rental return of $117,520pa approx. 2 of the apartments have been upgraded plus gain future potential with the further upgrade of the other 2 apartments to enhance your returns.
Set in a quiet leafy location it is within moments of Belmore's popular Burwood Road shopping strip, cafes, Belmore train station, nearby schools and Canterbury Leagues Club. The property offers easy access to arterial roads (the M5), multiple bus stops and leading shopping centres Bankstown and Roselands Centro nearby.
For more information or to arrange a viewing, please contact Tony Licastro 0416 237 349.
Property History for 31 York St, Belmore, NSW 2192
- 15 Nov 2024Sold
- 29 Oct 2024Listed for Sale Sold Prior
- 26 May 2021Listed for Rent $320 / week
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About Belmore 2192
The size of Belmore is approximately 2.8 square kilometres. It has 12 parks covering nearly 4.9% of total area. The population of Belmore in 2011 was 12,574 people. By 2016 the population was 12,746 showing a population growth of 1.4% in the area during that time. The predominant age group in Belmore is 30-39 years. Households in Belmore are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmore work in a professional occupation. In 2011, 56.6% of the homes in Belmore were owner-occupied compared with 52.9% in 2016.
Belmore has 6,508 properties. Over the last 5 years, Houses in Belmore have seen a 62.60% increase in median value, while Units have seen a 19.76% increase. As at 31 October 2024:
- The median value for Houses in Belmore is $1,583,226 while the median value for Units is $614,739.
- Houses have a median rent of $750 while Units have a median rent of $550.
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