505/8 Church StreetLidcombe NSW 2141
Property Details for 505/8 Church St, Lidcombe
505/8 Church St, Lidcombe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 108m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Lidcombe in the last 12 months.
Last Listing description (October 2024)
This dual key design functions as two separate self contained suites that give you the flexibility to lease out separately, or allows you to lease one and occupy the other.
It presents an outstanding opportunity for investors seeking dual rental income (over$1000 per week), a young family with in-law accommodation, or first home buyers living in one and renting out the other.
On offer:
- Prized northerly aspect, abundant natural light with Olympic Park view
- Designer kitchen with ample storage, gas cooking& stainless-steel appliances
- Large size one bedroom with huge living area,
- Caesarstone gas kitchen with dishwasher and oven
- Modern bathroom
- Studio has built-in wardrobe, kitchenette and modern bathroom
- Quality timber floor throughout
- Double glazed glass all around the apartment for Noise and Heat Resistance
- Ducted air conditioning, NBN connection & video intercom entry
- Secured car park and a storage
- Childcare centre just downstairs in Building B
- 3 Retail shops at door step (future restaurants and caf??s)
- Future pathway to Olympic park
- 4 minute walk to Lidcombe train station, 20 minutes ride to Central CBD
- Built by Billbergia, Australia's leading property developer who has just been awarded an
ICIRT rating of 4.5 stars
1-bedroom apartment features:
- Versatile layout with spacious open plan living
- Sleek Caesarstone gas kitchen with dishwasher and oven
- Fully-tiled modern bathroom
- Undercover huge balcony
- Reverse-cycle air conditioning
- Beautiful Olympic Park view from living area and a room
- Potential rent : $600-$650 per week
Studio apartment features:
- Combined living & bedroom with built-in robe
- Fully-tiled modern bathroom with shower
- Own kitchenette and bar including a portable induction
- Washing machine and dryer
- Potential rent : $400 per week
This is a great opportunity for investors who can rent out both one bed and studio for a dual income stream with very high rental return. One property - two great rental opportunities.
For further details or to arrange a private inspection, contact Jay on 0410 069 007.
Disclaimer: We have, in preparing this information, used our best endeavors to ensure that the contents contained herein are true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own independent inquiries to verify the information provided.
Property History for 505/8 Church St, Lidcombe, NSW 2141
- 16 Aug 2024Sold for $800,000
- 14 Aug 2024Listed for Sale Under Contract
- 11 Jun 2024Listed for Sale Not Disclosed
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About Lidcombe 2141
The size of Lidcombe is approximately 6.8 square kilometres. It has 30 parks covering nearly 6.9% of total area. The population of Lidcombe in 2011 was 16,670 people. By 2016 the population was 19,605 showing a population growth of 17.6% in the area during that time. The predominant age group in Lidcombe is 20-29 years. Households in Lidcombe are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lidcombe work in a professional occupation. In 2011, 62.6% of the homes in Lidcombe were owner-occupied compared with 55.9% in 2016.
Lidcombe has 11,269 properties. Over the last 5 years, Houses in Lidcombe have seen a 67.21% increase in median value, while Units have seen a 15.74% increase. As at 31 October 2024:
- The median value for Houses in Lidcombe is $1,634,037 while the median value for Units is $757,297.
- Houses have a median rent of $750 while Units have a median rent of $720.
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