5/6 Pearson StreetGladesville NSW 2111
Property Details for 5/6 Pearson St, Gladesville
5/6 Pearson St, Gladesville is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1970. The property has a land size of 1454m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in October 2013.
Last Listing description (October 2013)
This property is part of a long-term holding and the decision has been made to sell but thats not why you should buy it. The reason it is such a great buy is that this one needs a makeover, with a bit of money spent it will be a fabulous townhouse and worth a heap more. Everyone who knows real estate recognises that if you find a property you can add value to, then that is a property worth buying!
The townhouse is older-style & pretty much in original condition. Upstairs comprises 3-bedrooms & bathroom with shower & tub. Downstairs is a combined lounge/dining, good sized kitchen & laundry and second toilet downstairs. The courtyard faces north so is always sunny and there is a lock up garage. While it is basically in original condition, quite tired and in need of updating it is still neat and tidy. The block is 150 metres walk to the city bus, Gladesville shops and a little further on to Gladesville Public School.
This is perfect for someone looking to renovate and live in or to rent it out with a much improved rental return. It is really an opportunity to spend some time doing a bit of work and then be rewarded with an asset that can only increase in value.
Again, we could say the owners want it sold but thats not the point. The real reason you should inspect is probably it is the best opportunity for making money you are likely to see in this market. Simple really.
Internal 112 sq m (includes courtyard)
Garage 16 sq m = Total 128 sq m
Water Rates $174 per quarter approx
Council rates $238 per quarter approx
Strata Leveis $750 per quarter approx
Property History for 5/6 Pearson St, Gladesville, NSW 2111
- 25 Oct 2013Listed for Sale SOLD - $620,000
- 19 Oct 2013Sold for $620,000
- 16 Sep 2013Listed for Sale Not Disclosed
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About Gladesville 2111
The size of Gladesville is approximately 3.5 square kilometres. It has 23 parks covering nearly 10.7% of total area. The population of Gladesville in 2011 was 10,973 people. By 2016 the population was 11,831 showing a population growth of 7.8% in the area during that time. The predominant age group in Gladesville is 40-49 years. Households in Gladesville are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Gladesville work in a professional occupation. In 2011, 62.9% of the homes in Gladesville were owner-occupied compared with 60.6% in 2016.
Gladesville has 7,135 properties. Over the last 5 years, Houses in Gladesville have seen a 65.90% increase in median value, while Units have seen a 15.84% increase. As at 30 September 2024:
- The median value for Houses in Gladesville is $2,814,510 while the median value for Units is $812,522.
- Houses have a median rent of $1,000 while Units have a median rent of $600.
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