38 Wonga StreetCanterbury NSW 2193
Property Details for 38 Wonga St, Canterbury
38 Wonga St, Canterbury is a 15 bedroom, 16 bathroom BlockOfUnits with 12 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 15 bedroom BlockOfUnits sold in Canterbury in the last 12 months.
Last Listing description (February 2024)
Presenting to the market a rare opportunity for investors, SMSF and companies with outstanding growth and excellent annual returns, to jump on! Discover the epitome of modern living in our exclusive prime location, corner block of 9 units to be sold in one line. A perfect opportunity to convert to strata title. This full brick three-storey with underground parking to all units are currently rented. The annual gross income is approx. $266,288 and we believe there is potential to increase. This block of units is perfectly situated within walking distance of all amenities that Canterbury has to offer. Within walking distance to Canterbury train station, Cooks River, sports field and basketball court at Tasker Park, Canterbury Olympic Ice Rink and Canterbury Leisure and Aquatic Centre. It is only 6 minutes (approx) drive to Canterbury hospital and 10 minutes (approx) drive to Canterbury Park Racecourse. Providing convince lifestyle of being a short walk to schools, parks, walking/bike paths, Beamish Street shopping precinct, cafes and restaurants. Explore, experience, and live in a desirable suburb that engages your senses and discover what awaits you in this wonderful pocket of Sydney.
Entire block comprises:
* Fully tenanted, 3 level building of 9 apartments
* Enjoy spacious open plan living areas, flooded with natural light with balconies and courtyards perfect for both relaxation and entertainment
* Modern kitchens and bathrooms with bathtubs
* Internal laundry facilities
* Underground parking with 10 secure car spaces and two visitor car spaces
* Storage rooms
* Common facilities include security intercom, entrance foyer and landscaping
* Opportunity to convert to Strata Title
Gross Annual Income - $266,288.00
Council Rates $8,699.92.76 pa approx
Water Rates $8,699.92 pa approx
Property History for 38 Wonga St, Canterbury, NSW 2193
- 13 May 2024Listed for Rent $750 / week
- 26 Feb 2024Sold for $5,650,000
- 05 Feb 2024Listed for Sale FORTHCOMING AUCTION - OFFERS INVITED
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0About 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 4,761 properties. Over the last 5 years, Houses in Canterbury have seen a 67.31% increase in median value, while Units have seen a 15.63% increase. As at 31 August 2024:
- The median value for Houses in Canterbury is $1,806,615 while the median value for Units is $734,518.
- Houses have a median rent of $790 while Units have a median rent of $650.
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