OFF MARKET

6407/42-44 Pemberton Street
Botany NSW 2019

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 99m2
Land area: 146m2
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Property Details for 6407/42-44 Pemberton St, Botany

6407/42-44 Pemberton St, Botany is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 146m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
Unit
Year Built
2014
Floor Size
99m2
Land Size
146m2
Local Government
Bayside
Lot/Plan
141/SP90762

Last Listing description (April 2023)

Delightfully prestigious - situated in the highly sought-after suburb of Botany with a close connection to the metropolitan life, as well as the restful inner-city lifestyle, this property is an investors dream, with potential for future residence.

This apartment features a spacious layout with open plan living/dining flowing into a sunlit balcony.

An ideal investment opportunity for an Investor's portfolio, with a secured lease until May 2025, through Defense Housing Australia (DHA). Providing a guaranteed rental income (until the end of the lease), along with the peace of mind of "DHA Property Care".

Located just 10 minutes' drive to East gardens shopping centre, is close to Maroubra and has direct access to Sydney CBD and Sydney Airport.

Main Property Features:
- Skyline sliding doors in living room and master
- Open plan lounge/dining with porcelain tiles
- Two spacious bedrooms plus study including master with ensuite
- Modern kitchen, stone bench tops, and gas appliances
- Ducted air-conditioning throughout
- Internal laundry room complete with wall mounted dryer
- Security video intercom at main entrance
- Two secure car spaces
- Stroll to Banks meadow shops, Joseph Banks Park, CBD transport

This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Please inquire or visit dha.gov.au, for further information regarding a DHA Lease and the associated benefits.

Current DHA Lease Terms:
- Current Rent: $650.00 per week (assessed annually)
- DHA Lease edition: Edition 6
- Lease Term: Nine (9) Years
- Lease start date: 05/05/2016
- Lease end date: 04/05/2025
- Lease option: Three (3) Years
- Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months extension
- Notes: The option and right to vary is at DHA's discretion.

Outgoings:
Council Rates: $298 approx. per quarter
Water Rates: $153.89 approx. per quarter
Strata Levies: $1,001.85 approx. per quarter

Please note that inspection of the property, is via private inspection only to Pre-Qualified Buyers, in accordance with DHA regulations. If you wish to inspect the property, please contact Jake Felicioni of Thomas Property, on 0455 448 843 or via jake@thomasproperty.com.au to arrange an inspection.

Disclaimer: All information contained herewith, including but not limited to the general property description, price and the address, is provided to Thomas Property by third parties. Thomas Property have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and the purchaser/s should make their own enquiries and seek advice in respect of this property, or any property advertised by Thomas Property.

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Property History for 6407/42-44 Pemberton St, Botany, NSW 2019

A timeline of how this property has performed in the market
Last Sold
$775,000
14 Apr 2016
  • 25 Aug 2022
    Listed for Sale For Sale - Contact Agent
  • 14 Apr 2016
    Sold for $775,000
  • 12 Sep 2013
    Sold for $608,600

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About Botany 2019

The size of Botany is approximately 3.7 square kilometres. It has 10 parks covering nearly 16.2% of total area. The population of Botany in 2011 was 8,884 people. By 2016 the population was 10,827 showing a population growth of 21.9% in the area during that time. The predominant age group in Botany is 30-39 years. Households in Botany are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Botany work in a professional occupation. In 2011, 69.4% of the homes in Botany were owner-occupied compared with 63.4% in 2016.

Botany has 6,765 properties. Over the last 5 years, Houses in Botany have seen a 50.13% increase in median value, while Units have seen a 22.29% increase. As at 30 September 2024:

  • The median value for Houses in Botany is $1,938,513 while the median value for Units is $968,722.
  • Houses have a median rent of $980 while Units have a median rent of $850.
There are currently 36 properties listed for sale, and 29 properties listed for rent in Botany on OnTheHouse. According to CoreLogic's data, 299 properties were sold in the past 12 months in Botany.

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