50 Govetts Leap RoadBlackheath NSW 2785
Property Details for 50 Govetts Leap Rd, Blackheath
50 Govetts Leap Rd, Blackheath is a 4 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 657m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Blackheath in the last 12 months.
Last Listing description (May 2024)
Opportunity to invest in this character cottage with commercial and residential usage. Located in a prime position in the heart of Blackheath village with 2 leases currently in place, offering a valuable opportunity for investors.
The X factors include:
• Prime location in the main street with high level exposure and foot traffic
• Zoned - E1 Local Centre - allowing for a variety of commercial uses STCA
• Would suit an investor / SMSF / homeowner / holiday accommodation
• Current lease in place - Commercial and Residential tenant
• Current commercial rental income - $2002/month inc of GST ($24,024 /annum inc of GST)
• Current rental income for the unit - $1,680/month inc of GST ($20,160/annum inc of GST)
• Total annual income for the whole building - $44,184/annum inc of GST
• Outgoings include - 50% council rates ($2,950/annum), 50% water rates ($633.80/annum ) plus insurance
• Excellent investment, same owners for many years, high occupancy rates
• Possibility to add a granny flat (STCA) and increase ROI.
• Set on a 657m2 approx block with abundant off street parking
This versatile space would suit a variety of buyers with its great street exposure, excellent rental history and off-street parking, you will not want to miss this opportunity. Live on site and run a business, rent both, live in the whole residence or set up the perfect walk to town Airbnb.
Property History for 50 Govetts Leap Rd, Blackheath, NSW 2785
- 17 May 2024Sold for $915,000
- 21 Aug 2020Listed for Rent - Price not available
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0About Blackheath 2785
The size of Blackheath is approximately 32.7 square kilometres. It has 29 parks covering nearly 20.7% of total area. The population of Blackheath in 2011 was 4,569 people. By 2016 the population was 4,394 showing a population decline of 3.8% in the area during that time. The predominant age group in Blackheath is 60-69 years. Households in Blackheath are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blackheath work in a professional occupation. In 2011, 73.6% of the homes in Blackheath were owner-occupied compared with 73.3% in 2016.
Blackheath has 3,582 properties.
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