73 Knox StreetBelmore NSW 2192
Property Details for 73 Knox St, Belmore
73 Knox St, Belmore is a 12 bedroom, 6 bathroom BlockOfUnits with 6 parking spaces. The property has a land size of 650m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 12 bedroom BlockOfUnits sold in Belmore in the last 12 months.
Last Listing description (May 2024)
Discover an exceptional investment opportunity in the heart of Belmore with this impressive block comprising six double-brick 2-bedroom apartments, each boasting its own parking space, internal laundry, and private balcony. Occupying approximately 650sqm of land, this property represents a remarkable investment opportunity with significant potential for value enhancement. Conveniently located within walking distance to shops, Belmore Train Station and just a few minutes' drive to Canterbury Leagues Club and Roselands Centro or Bankstown Centro.
Features include:
- Six well-appointed 2-bedroom apartments, all tenanted with secure tenancies.
- Presents an excellent opportunity for long-term investment or to increase value with a current rental return of $153,920 per annum.
- Renovation potential for increased rental yield, offering the opportunity to enhance property value & returns.
Conveniently located within walking distance to shops, public transport & minutes' drive to Canterbury Leagues Club & Roselands or Bankstown Centro Shopping Centres.
Rental Details:
Unit 1/73 Knox Street, Belmore: $470.00 Per Week, Lease Expires 24/05/2024
Unit 2/73 Knox Street, Belmore: $520.00 Per Week, Lease Expires 24/05/2024
Unit 3/73 Knox Street, Belmore: $500.00 Per Week, Lease Expires 05/09/2024
Unit 4/73 Knox Street, Belmore: $470.00 Per Week, Lease Expires 03/05/2024
Unit 5/73 Knox Street, Belmore: $500.00 Per Week, Lease Expires 22/08/2024
Unit 6/73 Knox Street, Belmore: $500.00 Per Week, Lease Expires 17/03/2025
Rates are as follows:
Land Tax: Approximately $6,240.00 per annum
Water: Approximately $5,802.44 per annum
Council: Approximately $5,708.00 per annum
For private inspections, please contact Peter Gribilas on 0434 016 127.
Property History for 73 Knox St, Belmore, NSW 2192
- 11 May 2024Sold for $3,155,000
- 11 Apr 2024Listed for Sale SOLD | PETER GRIBILAS | 0434 016 127
- 28 Nov 2019Listed for Rent - Price not available
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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 6,509 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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