9/11 Adam StreetBlackalls Park NSW 2283
Property Details for 9/11 Adam St, Blackalls Park
9/11 Adam St, Blackalls Park is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 4255m2.
Last Listing description (September 2019)
Dont miss this incredible opportunity to maximise these 2 separate properties with a combined land size of approx 4255m2.
Subject to council approval, the option may exist to keep the existing houses and subdivide the back to build multiple townhouses or simply knock down and build multiple units/townhouses - whichever is most feasible for maximum return.
HOUSE 1:
The existing house is mostly renovated with a new kitchen and bathroom, a recent re-paint and new floor coverings throughout. It features 3 bedrooms, 1 bathroom and plenty of off-street parking. Currently leased for $350 pw, it also provides a reasonable return to help with holding costs while you obtain your DA.
HOUSE 2:
The existing house is partially renovated and features 3 bedrooms, all with ceiling fans, one with built-in wardrobe, separate lounge with reverse cycle air conditioning plus ceiling fan, original kitchen opening to dining room, renovated bathroom, and separate double garage plus single garage.
EXTRA OPPORTUNITY:
With the neighbouring property currently also available for purchase, this presents a huge opportunity for an astute developer to purchase all 3 with a combined land size of almost 6000m2 to maximise their return and potentially open up the possibility of a seniors' living development (subject to council approval).
Located only minutes to local shops, sporting fields, Lake Macquarie and Toronto CBD, and in close proximity to Fassifern railway station, this opportunity won't last long.
Call 02 4958 8555 to register your interest today.
Property History for 9/11 Adam St, Blackalls Park, NSW 2283
- 14 May 2019Listed for Sale $1,379,999 - $1,479,999
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About Blackalls Park 2283
The size of Blackalls Park is approximately 3 square kilometres. It has 6 parks covering nearly 10.7% of total area. The population of Blackalls Park in 2011 was 2,762 people. By 2016 the population was 2,737 showing a population decline of 0.9% in the area during that time. The predominant age group in Blackalls Park is 50-59 years. Households in Blackalls Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blackalls Park work in a trades occupation. In 2011, 74.1% of the homes in Blackalls Park were owner-occupied compared with 77.4% in 2016.
Blackalls Park has 1,357 properties. Over the last 5 years, Houses in Blackalls Park have seen a 51.37% increase in median value, while Units have seen a 52.85% increase. As at 31 October 2024:
- The median value for Houses in Blackalls Park is $721,374 while the median value for Units is $638,896.
- Houses have a median rent of $545 while Units have a median rent of $578.
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