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Sold on 05 Mar 2024 for $3,810,000

30 Rhodes Street
Hillsdale NSW 2036

Bedrooms: 12
Bathrooms: 6
Car spaces: 6
Land area: 495m2
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Property Details for 30 Rhodes St, Hillsdale

30 Rhodes St, Hillsdale is a 12 bedroom, 6 bathroom BlockOfUnits with 6 parking spaces and was built in 1971. The property has a land size of 495m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 12 bedroom BlockOfUnits sold in Hillsdale in the last 12 months.

Building Type
BlockOfUnits
Year Built
1971
Land Size
495m2
Local Government
Bayside
Lot/Plan
Z/DP29956

Last Listing description (March 2024)

Auction Location: In Office Auction Room 763 Anzac Parade Maroubra

Sold at Auction by Michael Panto for an oustanding price.
$410k over the reserve.

We had 10 registered bidders and the rest would still like to buy a block in the area.

If thinking of selling please contact me on 0416 166 931 for a confidencial discussion.

Outstanding offering to acquire a whole block of apartments to be sold in one line - this ideal investment opportunity would suit astute investors, SMSF buyers or developers.

Presenting a well-maintained corner block of 6 x 2 bedroom apartments on approx. 495m2 of land. This well located, sought after block of solid double brick construction is fully leased and returning a total yearly income: $173,160. Potential for increased rental returns with minor improvements, or strata title and sell separately (S.T.C.A.).

Featuring
An entire block offered in one line
6 x 2 bedroom apartments
Modern kitchens, internal laundries
Spacious living areas with balcony (1 unit has 2 balconies)
6 lock up garages. 1 storage garage.
Approx. 495m2 of land.

Located within 6 kilometres south-east of the CBD and within walking distance of Westfield Eastgardens and South Point Shopping Centres, Heffron Park, transport and within a short drive to the beach, cafes, shops and restaurants. Easy access to UNSW, POW Hospital and
Sydney Airport.

A perfect investment opportunity, these apartments offer an immediate income stream along with potential long term capital growth for astute investors.

Offering:
6 x 2 bed units. 12 beds, 6 bathrooms, 6 lock up garages, 1 storage garage.
Land Size: 495 sqm
Zoning: Medium Density Residential R3
Floor Space Ratio: 1:1
12 Metre Height Limits
Corner of Rhodes Street and Brittain Crescent.

Inspect: by appointment only.
Contact: Michael Panto 0416 166 931 to arrange access.

Auction: Tuesday 5th March at 6.30pm
Venue: In rooms at Wentworth Partners 763 Anzac Parade Maroubra

Property History for 30 Rhodes St, Hillsdale, NSW 2036

A timeline of how this property has performed in the market
Last Sold
$3,810,000
05 Mar 2024
Listed for Rent
$330/w
13 Oct 2010
  • 05 Mar 2024
    Sold for $3,810,000
  • 04 Feb 2024
    Listed for Sale Sold by Michael Panto
  • 04 Jan 2021
    Sold
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About Hillsdale 2036

The size of Hillsdale is approximately 0.5 square kilometres. It has 10 parks covering nearly 11.1% of total area. The population of Hillsdale in 2011 was 4,975 people. By 2016 the population was 5,492 showing a population growth of 10.4% in the area during that time. The predominant age group in Hillsdale is 30-39 years. Households in Hillsdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hillsdale work in a professional occupation. In 2011, 47.8% of the homes in Hillsdale were owner-occupied compared with 43.1% in 2016.

Hillsdale has 3,142 properties. Over the last 5 years, Houses in Hillsdale have seen a 41.84% increase in median value, while Units have seen a 22.87% increase. As at 31 October 2024:

  • The median value for Houses in Hillsdale is $2,028,263 while the median value for Units is $760,451.
  • Houses have a median rent of $770 while Units have a median rent of $675.
There are currently 15 properties listed for sale, and 19 properties listed for rent in Hillsdale on OnTheHouse. According to CoreLogic's data, 124 properties were sold in the past 12 months in Hillsdale.

Suburb Insights for Hillsdale 2036

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Contact agent
Michael Panto
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Wentworth Partners
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.