3 Glenowen Way, Castle Hill is a 2 bedroom, 1 bathroom Unit and was built in 1880. The property has a land size of 1063m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Once in a lifetime opportunity to buy a rare example of a Victorian Georgian style brick farm homestead currently divided into 5 flats. You can convert this residence into a new home for your family at some future date or continue to reap the benefits as an excellent investment with an income of $82,907 projected for the next 12 months.
Circa 1850-1860 homestead with a two-storey extension built circa 1930. Sandstock bricks, stone foundations, double hung windows with arched upper panes, stone sills and base course, encircling veranda. Local heritage listing on the original homestead
100% current occupancy to excellent long-term tenants. Happy and cohesive community feel in the block has been due to careful tenant selection procedures over many years. Tenants love it here!
Enquire and ask for our full information kit. Please wait for agent before entering the property.
*Disclaimer- Annual projected income is based on current daily rent as of February 2022 based on 100% occupancy for the next 365 days and does not take into account possible vacancies, increases in rent etc. Prospects must rely on their own inspection and enquiries. While every care has been taken in producing the above information, no warranty is given or implied to the accuracy. Prospective purchasers are requested to take such action as necessary to satisfy themselves in this respect.
The size of Castle Hill is approximately 18.9 square kilometres. It has 68 parks covering nearly 12.1% of total area. The population of Castle Hill in 2011 was 37,916 people. By 2016 the population was 39,624 showing a population growth of 4.5% in the area during that time. The predominant age group in Castle Hill is 40-49 years. Households in Castle Hill are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Castle Hill work in a professional occupation. In 2011, 79% of the homes in Castle Hill were owner-occupied compared with 74.5% in 2016.
Castle Hill has 18,234 properties. Over the last 5 years, Houses in Castle Hill have seen a 57.36% increase in median value, while Units have seen a 14.90% increase. As at 31 October 2024:
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