197 The Boulevarde Fairfield Heights NSW 2165
Property Details for 197 The Boulevarde, Fairfield Heights
Last Listing description (August 2024)
Prominent position in the Fairfield Heights Town Centre offering excellent exposure to passing and foot traffic. An exciting opportunity for any savvy investor to acquire the fully leased "trophy investment". This magnificent corner property situated on the corner of The Boulevarde and Kihilla Street with rear lane access offers a diverse income stream from three tenancies.
Currently leased for $114,927.96 Inclusive of GST.
+ Building areas
Post Office 108 sqm (approx.)
Caf 57 sqm (approx.)
Amenities 24 sqm (approx.)
Total = 322 sqm approximately.
+ Diverse income derived from 3 tenancies
+ Zone: E1 Local Centre
+ On site parking two cars.
Insurance: $573.03 x 12 = $6,876.36 per annum inclusive of GST. Paid by the landlord.
Land tax: $1,081.65per annum. Paid by the landlord.
Water rates: $506.33 x 4 = $2,025.32 per annum. Paid by the landlord.
Council rates: $1,284 x 4 = $5,136.00 per annum. Paid by the landlord.
For further details & Inspections contact Aldo Palermo L.R.E.A. on 0412 559 092 or aldo.palermo@lsre.com.au
Disclaimer: Laing Simmons West Hoxton Austral believes that all information contained herein be true and correct to the best of our ability and in no way misleading, however all interested parties are advised to carry out their own enquiries and relevant searches in order to determine whether or not this information is, in fact, accurate.
Misrepresentation act - these details and measurements herein do not form any part of any contract and whilst every effort has been made to ensure accuracy, this can not be guaranteed.
Property History for 197 The Boulevarde, Fairfield Heights, NSW 2165
- 05 Aug 2024Sold
- 19 Mar 2024Listed for Sale Sold by Aldo Palermo
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About Fairfield Heights 2165
The size of Fairfield Heights is approximately 1.5 square kilometres. It has 5 parks covering nearly 1% of total area. The population of Fairfield Heights in 2011 was 6,648 people. By 2016 the population was 7,510 showing a population growth of 13.0% in the area during that time. The predominant age group in Fairfield Heights is 20-29 years. Households in Fairfield Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fairfield Heights work in a labourer occupation. In 2011, 53.7% of the homes in Fairfield Heights were owner-occupied compared with 49.1% in 2016.
Fairfield Heights has 2,619 properties. Over the last 5 years, Houses in Fairfield Heights have seen a 80.03% increase in median value, while Units have seen a 25.69% increase. As at 31 August 2024:
- The median value for Houses in Fairfield Heights is $1,091,399 while the median value for Units is $679,769.
- Houses have a median rent of $760 while Units have a median rent of $600.
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