29 Cavendish St, Enmore is a 5 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 370m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
A rare and prized opportunity with outstanding potential, this boutique complex of four apartments is supremely well-located just footsteps to cafs, shops and entertainment options along Enmore Road. It is well presented throughout with some recent upgrades, and all units are in great condition and ready for immediate occupation. Investors and developers will be highly impressed by the great positioning, large land size and excellent future potential of this blue-chip property offering. It represents a value-packed chance to capitalise on a substantial Enmore landholding earning excellent cashflow.
A solid brick building of four apartments with five lettable areas
Set on a generous 370sqm block of land with a wide 10m frontage
The size of Enmore is approximately 0.4 square kilometres. It has 4 parks covering nearly 0.8% of total area. The population of Enmore in 2011 was 3,571 people. By 2016 the population was 3,876 showing a population growth of 8.5% in the area during that time. The predominant age group in Enmore is 20-29 years. Households in Enmore are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Enmore work in a professional occupation. In 2011, 50.1% of the homes in Enmore were owner-occupied compared with 46.2% in 2016.
Enmore has 2,053 properties. Over the last 5 years, Houses in Enmore have seen a 44.78% increase in median value, while Units have seen a 17.11% increase. As at 31 August 2024:
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