OFF MARKET

335/58-62 Delhi Road
Macquarie Park NSW 2113

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 501m2
Land area: 7189m2
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Property Details for 335/58-62 Delhi Rd, Macquarie Park

335/58-62 Delhi Rd, Macquarie Park is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 7189m2 and floor size of 501m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
Unit
Year Built
2003
Floor Size
501m2
Land Size
7189m2
Local Government
Ryde
Lot/Plan
43/SP70943

Last Listing description (September 2016)

Located in the Northern Suburbs of Sydney, this one bedroom apartment offers investors an entry level investment opportunity to secure property with high yields and low outgoings. (Investors only, not available for owner occupiers)
Located just a few minutes from the Macquarie Park & North Ryde business precincts and only 12 kilometers from Sydney's CBD, this one bedroom apartment boasts a spacious 54 m2 floor area.
Containing a fully equipped kitchen, bathroom, separate bedroom and split system heating/ cooling, all set overlooking a natural bush setting adjacent to Lane Cove National Park.

Property facilities include: in ground swimming pool, gymnasium and conference room.
Current Rent: $27,824 pa $535 pw
Next Rent Increase: 3.25% on 1st September 2017
Current Return: 6.95 % Gross
Increasing return: 7.18% in 2017
Lease Terms: Lease to 31/08/2018 plus 4 x 5 Year options
Rent Increases: 3.25% yearly with market rent reviews every 5 years (next due September 2018)
Council Rates: Paid by tenant
Water Rates: Paid by tenant
Body Corporate Administration fee: Paid by tenant
Body Corporate Sinking fund : $1295.00 per qtr. For this financial year to raise funds for external work and repainting of the building, plus work on the lifts.
Normally sinking fund levies are approximately $1700.00 per annum.

PLEASE NOTE PROPERTY IS UNDER LONG TERM COMMERCIAL LEASE AND SUITABLE FOR INVESTORS ONLY

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Property History for 335/58-62 Delhi Rd, Macquarie Park, NSW 2113

A timeline of how this property has performed in the market
Last Sold
$405,000
02 Dec 2016
  • 10 Oct 2017
    Sold
  • 02 Dec 2016
    Sold for $405,000
  • 15 Sep 2016
    Listed for Sale Not Disclosed
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About Macquarie Park 2113

The size of Macquarie Park is approximately 6.8 square kilometres. It has 27 parks covering nearly 36.8% of total area. The population of Macquarie Park in 2011 was 6,142 people. By 2016 the population was 8,125 showing a population growth of 32.3% in the area during that time. The predominant age group in Macquarie Park is 20-29 years. Households in Macquarie Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Macquarie Park work in a professional occupation. In 2011, 33.5% of the homes in Macquarie Park were owner-occupied compared with 29.7% in 2016..

Macquarie Park has 9,205 properties. Over the last 5 years, Houses in Macquarie Park have seen a 73.89% increase in median value, while Units have seen a 19.41% increase. As at 31 October 2024:

  • The median value for Houses in Macquarie Park is $2,128,339 while the median value for Units is $881,528.
  • Houses have a median rent of $600 while Units have a median rent of $680.
There are currently 161 properties listed for sale, and 45 properties listed for rent in Macquarie park on OnTheHouse. According to CoreLogic's data, 480 properties were sold in the past 12 months in Macquarie park.

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