11 Teralba Rd, Broadmeadow is a 9 bedroom, 5 bathroom Unit with 5 parking spaces. The property has a land size of 968m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in April 1998.
This property represents an exciting opportunity for developers or investors to acquire a prime parcel of land with five (5) villa units in the heart of Broadmeadow.
Ideal investment or potential to strata and sell off individually.
The property consists of:
* 4 x 2-bedroom villas
* 1 x 1-bedroom villa
* 5 x lock-up garages
* All units have 1-bathroom, internal laundry and courtyard
* All units have separate water meters
* Site area 968m 20m frontage Approx.
* Zoned R3 Medium Density Residential
* Not strata titled
* Potential gross income of $131,500 pa
Located in the vibrant Broadmeadow precinct with excellent access to all public transport, just a 400m level walk to Broadmeadow train station, surrounded by local schools including Merewether High School (400m) and the Hunter School of Performing Arts (600m)
With plans in place for the catalyst area, Broadmeadow will be a major sports and entertainment hub catering for national and international sporting events and concerts. It will allow easy access to world-class facilities by both residents and visitors.
NCC rates $3,244pa Water rates approx. $4,000pa with water usage.
*We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
The size of Broadmeadow is approximately 2.4 square kilometres. It has 9 parks covering nearly 24.5% of total area. The population of Broadmeadow in 2011 was 1,552 people. By 2016 the population was 1,567 showing a population growth of 1.0% in the area during that time. The predominant age group in Broadmeadow is 30-39 years. Households in Broadmeadow are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Broadmeadow work in a professional occupation. In 2011, 52% of the homes in Broadmeadow were owner-occupied compared with 54.1% in 2016.
Broadmeadow has 1,411 properties.
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