246 Moorefields RoadBeverly Hills NSW 2209
Property Details for 246 Moorefields Rd, Beverly Hills
246 Moorefields Rd, Beverly Hills is a 4 bedroom, 4 bathroom House. The property has a land size of 111m2 and floor size of 3m2.This Property is currently listed for sale with HT Wills Real Estate
Last Listing description (September 2024)
Discover unparalleled potential with this exceptional multi-income streamed investment property, strategically located in a landmark location. Combining diverse and multiple revenue streams, this investment offers both stability and growth in one of the most sought-after locations. Offering an inviting and modern double brick construction, this property features 4 units, each fully equipped with modern kitchenettes, bathrooms, internal laundry, air conditioning that is situated within a secure, modern complex.
In addition, the investment includes a ground floor retail premises with an ultimate exposure. The retail shop also includes bathroom facilities, a spacious storage room and enhanced with security CCTV, alarm system and fully ducted air conditioning. The building also offers solar power, perfect for energy efficiency.
Don't miss your chance to own a landmark property that promises solid returns and versatile usage.
Key Highlights:
Diverse Income Streams: Five distinct revenue sources, including one retail shop and four residential units.
Residential Units: Four well-maintained units with potential for rental increases due to high occupancy demand on this building.
Commercial Space: Recently renovated shop with modern improvements, solid lease, with high visibility to showcase products for maximum exposure.
Flexible Layout: Reopenable access between residential and commercial spaces for versatile usage.
Modern Amenities: Newly extended second floor, attic for storage, secured building, comprehensive fire system, and ample solar power.
Prime Location: High-visibility building at a busy intersection with ample side street parking.
Turnkey Investment: Low-maintenance property with high-quality double brick construction with great secured income streams.
Rental Income
Unit 1 Studio: $350pw
Unit 2 Studio: $320pw
Unit 3 Studio: $350pw
Unit 4 One Bedroom: $350pw
Retail: $980pw
Total Rental Income $122,200
For further information please contact Kris Atkinson at HT WILLS on 0416 661 109.
Property History for 246 Moorefields Rd, Beverly Hills, NSW 2209
- 05 Sep 2024Listed for Sale Expressions of Interest
- 17 Jan 2024Listed for Rent $350 / week
- 03 Nov 2022Listed for Rent $325 / week
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0About Beverly Hills 2209
The size of Beverly Hills is approximately 3.1 square kilometres. It has 16 parks covering nearly 8.9% of total area. The population of Beverly Hills in 2011 was 9,660 people. By 2016 the population was 10,153 showing a population growth of 5.1% in the area during that time. The predominant age group in Beverly Hills is 20-29 years. Households in Beverly Hills are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Beverly Hills work in a professional occupation. In 2011, 73.2% of the homes in Beverly Hills were owner-occupied compared with 69.1% in 2016.
Beverly Hills has 4,384 properties. Over the last 5 years, Houses in Beverly Hills have seen a 65.54% increase in median value, while Units have seen a 19.20% increase. As at 31 July 2024:
- The median value for Houses in Beverly Hills is $1,621,796 while the median value for Units is $751,196.
- Houses have a median rent of $798 while Units have a median rent of $600.
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