22 Blenheim Ave, Berkeley Vale is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 556m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Positioned in a sought-after pocket of Berkeley Vale, this near new build single title dual occupancy represents a fantastic opportunity for an astute investor, with a combined weekly rental return of $1075 per week.
Both properties have tenants in place who we believe wish to stay on, however if you are looking for a home, with an extra property to lease out, or even dual families looking for two homes, then this is absolutely ideal. The property comes with the normal warranties that benefit newly built homes, and are well equipped with stainless steel appliances. Brand new air conditioner installed in each of the properties living area.
The rear property has three bedrooms, all with built in robes, family bathroom, open plan kitchen & living area. There's ample off-street parking, a porch and enclosed garden, perfect for kids, pets and a pool (STCA).
The front property has two bedrooms, both with built ins, family bathroom and open plan kitchen & living area. There is also off-street parking, and a front yard. Brand new air conditioner installed in each of the properties living area.
With a terrific weekly rental income of $1,075 and potential for long term capital growth, this represents a prime opportunity.
The size of Berkeley Vale is approximately 6.1 square kilometres. It has 20 parks covering nearly 12.1% of total area. The population of Berkeley Vale in 2011 was 8,486 people. By 2016 the population was 8,376 showing a population decline of 1.3% in the area during that time. The predominant age group in Berkeley Vale is 0-9 years. Households in Berkeley Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Berkeley Vale work in a trades occupation. In 2011, 75.8% of the homes in Berkeley Vale were owner-occupied compared with 75.6% in 2016.
Berkeley Vale has 3,981 properties. Over the last 5 years, Houses in Berkeley Vale have seen a 66.23% increase in median value, while Units have seen a 24.72% increase. As at 31 July 2024:
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