OFF MARKET

10 Canton Street
Canterbury NSW 2193

Bedrooms: 8
Bathrooms: 8
Car spaces: 5
Floor area: 51m2
Land area: 725m2
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Last updated 16 Dec 2024
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Property Details for 10 Canton St, Canterbury

10 Canton St, Canterbury is a 8 bedroom, 8 bathroom Unit with 5 parking spaces and was built in 1965. The property has a land size of 725m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1965
Floor Size
51m2
Land Size
725m2
Local Government
Canterbury-Bankstown
Lot/Plan
16/3/DP975161

Last Listing description (October 2021)

A rare market offering with eight one-bedroom units included, this classic full brick complex provides an instant retirement plan or an exceptional addition to your investment portfolio. Nestled in a serene residential street, it comes complete with parking for five cars, high-quality tenants in place and ever-popular scope to add value on your own timeline, moments from the Cooks River Parklands and just a 700-metre walk from Canterbury train station. Land size 730 sqm approximately.

* Low-maintenance block tightly held by the same owner for 58 years
* Gross annual income June 2020 - July 2021 of $130,000 (approximately)

* Torrens Title with possibility for Strata Title conversion (subject to council approval)
* R4 High Density Residential zoning provides potential for redevelopment (subject to council approval)
* Each apartment boasts a living/dining area plus generous bedroom
* Neat bathrooms with combined tub/shower, internal laundries
* Units would reward a modern renovation to maximise rent return
* Vibrant lifestyle address steps to cafes, Woolworths and Plaza shops
* Canton Street Park next door, minutes to schools and child care
* Council rates: $1,795.84 per quarter approx.
* Water rates: $1,924.82 per quarter approx.

DISCLAIMER: Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the vendor or agent. Prospective purchasers are urged to rely on their own enquiries.

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Property History for 10 Canton St, Canterbury, NSW 2193

A timeline of how this property has performed in the market
Last Sold
$2,650,000
01 Oct 2021
Listed for Rent
$290/w
17 Sep 2021
  • 01 Oct 2021
    Sold for $2,650,000
  • 06 Sep 2021
    Listed for Sale For Sale - Contact Agent
  • 09 Aug 2021
    Sold
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About Canterbury 2193

The size of Canterbury is approximately 2 square kilometres. It has 11 parks covering nearly 28.5% of total area. The population of Canterbury in 2011 was 6,160 people. By 2016 the population was 7,224 showing a population growth of 17.3% in the area during that time. The predominant age group in Canterbury is 20-29 years. Households in Canterbury are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Canterbury work in a professional occupation. In 2011, 62.1% of the homes in Canterbury were owner-occupied compared with 56.6% in 2016.

Canterbury has 4,781 properties. Over the last 5 years, Houses in Canterbury have seen a 48.71% increase in median value, while Units have seen a 11.08% increase. As at 30 November 2024:

  • The median value for Houses in Canterbury is $1,825,662 while the median value for Units is $731,490.
  • Houses have a median rent of $750 while Units have a median rent of $660.
There are currently 37 properties listed for sale, and 42 properties listed for rent in Canterbury on OnTheHouse. According to CoreLogic's data, 217 properties were sold in the past 12 months in Canterbury.

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