SOLD
Sold on 06 Oct 2023 for $420,000

1/23 Prince Edward Drive
Brownsville NSW 2530

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 45m2
Land area: 1106m2
Sold By
Right Choice Real Estate
Show contact details
Save

Property Details for 1/23 Prince Edward Dr, Brownsville

1/23 Prince Edward Dr, Brownsville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 1106m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Brownsville in the last 12 months.

Building Type
Unit
Year Built
1977
Floor Size
45m2
Land Size
1106m2
Local Government
Wollongong
Lot/Plan
1/SP12824

Last Listing description (November 2023)

Another SOLD by Right Choice, make us your choice…
Are you ready to seize an incredible investment opportunity that promises both comfort and profitability? Look no further than 1/23 Prince Edward Drive in the heart of Brownsville.

This ground floor two-bedroom unit presents an ideal combination of convenience, and impressive rental returns.

Features:

* Long lease until July 2024: This property comes with a secure, long-term lease in place, providing you with a stable and consistent income stream
* Attractive rental income: Currently receiving $400 per week in rent, you can enjoy excellent returns on your investment right from the start
* Spacious open plan layout: The unit features an inviting open plan lounge that seamlessly connects to an outdoor balcony, perfect for relaxation and entertainment
* Year-round comfort: Experience ultimate comfort with the split system air conditioning installed in the lounge room, ensuring a pleasant living environment no matter the season
* Elegant finishes: Timber flooring throughout and plantation shutters that add a touch of sophistication to the living spaces
* Modern kitchen: The well-appointed kitchen boasts stainless steel appliances and a dishwasher, making meal preparation and cleanup a breeze
* Generous bedrooms: Both bedrooms are of good size, ensuring your tenants have plenty of space to relax and unwind
* Master bedroom with Built-In Robe: The master bedroom is complete with a convenient built-in robe, offering ample storage solutions
* Combined bathroom and laundry: The unit features a combined bathroom and laundry area, optimizing space and convenience
* Off-street parking: Rest easy knowing there's a dedicated off-street parking space for one car, adding to the convenience for both tenants and owner
* Prime location: Situated close to the access road to the motorway, local shops, pub, and shopping complex, this property enjoys a central and convenient location that tenants will love

Investing in property has never been more promising than with 1/23 Prince Edward Drive. This unit combines all the elements savvy investors look for: a secure lease, strong rental income, modern amenities, and a sought-after location. Don't miss out on this golden opportunity to grow your portfolio and secure your financial future.

For more information or to arrange a viewing, please contact us today and make 1/23 Prince Edward Drive your next smart investment move!

***Available 7 Days by Appointment***

- For more detailed information please call the Sales Team at Right Choice Real Estate

Property History for 1/23 Prince Edward Dr, Brownsville, NSW 2530

A timeline of how this property has performed in the market
Last Sold
$420,000
06 Oct 2023
Listed for Rent
$400/w
13 Jul 2023
  • 06 Oct 2023
    Sold for $420,000
  • 08 Aug 2023
    Listed for Sale Not Disclosed
  • 22 Jun 2023
    Listed for Rent $400 / week
Sign in to see more transactions

Commute Calculator

About Brownsville 2530

The size of Brownsville is approximately 1 square kilometres. It has 5 parks covering nearly 21.3% of total area. The population of Brownsville in 2011 was 523 people. By 2016 the population was 516 showing a population decline of 1.3% in the area during that time. The predominant age group in Brownsville is 50-59 years. Households in Brownsville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Brownsville work in a community and personal service occupation. In 2011, 62.6% of the homes in Brownsville were owner-occupied compared with 55.6% in 2016.

Brownsville has 310 properties. Over the last 5 years, Houses in Brownsville have seen a 70.78% increase in median value, while Units have seen a 51.93% increase. As at 31 July 2024:

  • The median value for Houses in Brownsville is $840,350 while the median value for Units is $506,363.
  • Units have a median rent of $385.
There are currently 1 property listed for sale, and no properties listed for rent in Brownsville on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Brownsville.

Suburb Insights for Brownsville 2530

Market Insights
Brownsville Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Brownsville Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Right Choice Real Estate
Show contact details
Right Choice Real Estate
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.