OFF MARKET

84 Glenfarne Street
Bexley NSW 2207

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 691m2
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Property Details for 84 Glenfarne St, Bexley

84 Glenfarne St, Bexley is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 691m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
House
Land Size
691m2
Local Government
Bayside
Lot/Plan
20/2/DP1764

Last Listing description (July 2018)

Purpose built day care PLUS a separate 2 bedroom fully self-contained residence.
Opportunity to live on site and receive rent from the Day-care Centre, or increase the rental return and lease the additional residence.
Lease to Stepping Stones Early Learning Centre

5 x 5 x 5 Year lease commenced 2012. First 5 year option exercised in September 2017. Second 5 year option to September 2027.
Leased to Stepping Stones Early Learning Centre Bexley: highly experienced childcare provider with 40 years experience.
Well maintained facility licensed for 35 places.
Exceptional growth opportunity to increase placements (STCA)
The property is located in a high needs area surrounded by established housing and is approximately 3km to the M5 Bexley North | 2km to Kogarah Train Station | 2.5km to St George Hospitals | 2Km to Hurstville Westfield | 2.3km to Hurstville Train Station
Gross Rent from Stepping Stones $101,787 inc of GST.
Approximate outgoings per annum payable by Owner:
Water $1,818.32
Council $5,191.28
Insurance $4,000.00
The 2 Bedroom residence has the potential to rent for $400 p/w, ($20,800.00 p/a).
Potentially increasing the income to $122,587 p/a.
Large land 15.24m x 45.72m = 696.77sqm

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Property History for 84 Glenfarne St, Bexley, NSW 2207

A timeline of how this property has performed in the market
Last Sold
$1,970,000
31 May 2018
Listed for Rent
$400/w
14 Nov 2013
  • 31 May 2018
    Sold for $1,970,000
  • 30 Jan 2018
    Listed for Sale $2,099,000 | For Sale
  • 30 Oct 2013
    Listed for Rent $400 / week
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