12 Minmi Rd, Edgeworth is a 2 bedroom, 1 bathroom Unit with 5 parking spaces and was built in 2000. The property has a land size of 1361m2 and floor size of 446m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
* TENDER - CLOSES MONDAY 5TH JUNE AT 3PM UNLESS SOLD PRIOR
* Rare and unique investment opportunity in the heart of Edgeworth
* 5 x 2 bedroom units all sold on one lot with 5 current tenants in lease
A one off investment opportunity in the heart of one of Lake Macquarie's fastest growing and most central suburbs. Located within approximately 5 minutes of the freeway and with easy access straight into Newcastle, this site offers 5 brick and tile units on a torrens title block all to be sold as one.
All 5 of the units have current tenants in lease, once the leases are finished the rents will be increased to current market rent increasing the return significantly and making this an even better investment.
Perfect for long term investors or Self Managed Super Funds, all tenants have been in the properties for 10 years or more and the properties are in good condition. For more information or to confirm inspection times, call today.
From all of us at Ray White Toronto/Lake Macquarie, we wish you every success in the search for your next property. If you would like more detail on this or to chat about one of the many other properties we have available please call or email us today..
DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document
The size of Edgeworth is approximately 7 square kilometres. It has 13 parks covering nearly 11.6% of total area. The population of Edgeworth in 2011 was 6,251 people. By 2016 the population was 6,191 showing a population decline of 1.0% in the area during that time. The predominant age group in Edgeworth is 0-9 years. Households in Edgeworth are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Edgeworth work in a trades occupation. In 2011, 72.5% of the homes in Edgeworth were owner-occupied compared with 70.3% in 2016.
Edgeworth has 3,723 properties. Over the last 5 years, Houses in Edgeworth have seen a 58.80% increase in median value, while Units have seen a 62.01% increase. As at 31 October 2024:
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