105/5 Cullen AvenueJordan Springs NSW 2747
Property Details for 105/5 Cullen Ave, Jordan Springs
105/5 Cullen Ave, Jordan Springs is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2018. The property has a land size of 1808m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (August 2024)
Welcome to your dream investment opportunity! This stunning modern unit offers not one, but two separate rental incomes, allowing you to maximize your returns and secure a prosperous future.
Unit 1: Single Bedroom Unit with Enormous Living Areas and Brilliant Views
The expansive living areas provide ample space for relaxation and entertainment, ensuring a comfortable lifestyle for your tenants. With its stylish design and modern finishes, this unit offers a truly luxurious living experience. Currently rented for $400 per week, this unit guarantees a steady stream of income.
Unit 2: Studio Apartment
Adjacent to the single bedroom unit is a charming studio apartment that boasts complete independence and all the necessary facilities. Ideal for individuals or couples seeking a cozy and convenient living space, this studio apartment offers a comfortable bedroom area.
With the double rental return, you can expect a total weekly income of $700, making this unit an exceptional investment opportunity.
Location-wise, this unit is ideally situated in a highly sought-after area, close to amenities, schools, shopping centers, and public transportation. Your tenants will have everything they need within easy reach, enhancing the desirability of this property and ensuring low vacancy rates.
DISCLAIMER: Whilst we deem this information to be reliable the agent cannot guarantee its accuracy and accepts no responsibility for such. Interested persons should rely on their own enquiries.
Property History for 105/5 Cullen Ave, Jordan Springs, NSW 2747
- 10 Aug 2023Sold for $570,000
- 31 May 2023Listed for Sale $580,000 - $620,000
- 28 Feb 2019Sold for $567,720
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0About Jordan Springs 2747
The size of Jordan Springs is approximately 9.8 square kilometres. It has 14 parks covering nearly 3.1% of total area. The population of Jordan Springs in 2011 was 1,597 people. By 2016 the population was 5,149 showing a population growth of 222.4% in the area during that time. The predominant age group in Jordan Springs is 30-39 years. Households in Jordan Springs are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Jordan Springs work in a professional occupation. In 2011, 77.1% of the homes in Jordan Springs were owner-occupied compared with 60.8% in 2016.
Jordan Springs has 4,441 properties. Over the last 5 years, Houses in Jordan Springs have seen a 47.81% increase in median value, while Units have seen a 13.46% increase. As at 31 October 2024:
- The median value for Houses in Jordan Springs is $1,036,998 while the median value for Units is $617,002.
- Houses have a median rent of $740 while Units have a median rent of $550.
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