OFF MARKET

16/2-12 Busaco Road
Marsfield NSW 2122

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 87m2
Land area: 10660m2
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Property Details for 16/2-12 Busaco Rd, Marsfield

16/2-12 Busaco Rd, Marsfield is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1992. The property has a land size of 10660m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in May 2010.

Building Type
Townhouse
Year Built
1992
Floor Size
87m2
Land Size
10660m2
Local Government
Ryde
Lot/Plan
16/SP41527

Last Listing description (April 2010)

SOUND INVESTMENT THAT WON'T GIVE YOU SLEEPNESS NIGHTS!
NO VACANCY FACTORS, GENERAL MAINTENANCE OR WORRIES ABOUT RENT BEING PAID ON TIME!
THIS EXECUTIVE STYLE TOWNHOUSE IS LEASED LONG TERM BY MEDINA PROPERTY SERVICES WHO GUARANTEES UNINTERRUPTED LONG TERM RENTAL INCOME. CURRENTLY LEASED TO DECEMBER, 2010, PLUS 2 X 5 YEAR OPTIONS.

LOCATED 12 KM APPROX FROM THE SYDNEY CDB, A SHORT DISTANCE FROM THE HIGH TECH MACQUARIE PARK/NORTH RYDE BUSINESS DISTRICT, MACQUARIE UNIVERSITY AND THE NEW CITY RAIL, THE COMPLEX OPERATES AS SERVICED HIGH QUALITY FURNISHED ACCOMMODATION FOR BUSINESS EXECUTIVES, TOURISTS AND VISITORS TO THE DISTRICT. THE COMPLEX BOASTS A SWIMMING POOL, GYM, BBQ AREA, CONFERENCE FACILITY AND SECURITY PARKING.
THE 2 STOREY TOWNHOUSE OFFERS, OPEN PLAN LIVING, MODERN WELL APPOINTED KITCHEN, 2 BEDROOMS, 2 BATHROOMS AND EXTERNAL COURTYARD IN BUSH SETTING.
CURRENT GUARANTEED ANNUAL NETT INCOME APPROX $18,448 PER ANNUM PLUS GENEROUS TAX DEPRECIATION, SHOWING APPROXIMATE NET RETURN OF CLOSE TO 6% PER ANNUM.
A RARE OPPORTUNITY TO PURCHASE A RENTAL INVESTMENT WITH ABOVE AVERAGE RETURNS AT LOW RISK, PLUS EXCELLENT POTENTIAL FOR FUTURE CAPITAL GAIN!

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Property History for 16/2-12 Busaco Rd, Marsfield, NSW 2122

A timeline of how this property has performed in the market
Last Sold
$390,000
07 May 2010
Listed for Rent
$520/w
25 Mar 2021
  • 29 Jun 2021
    Sold
  • 07 May 2010
    Sold for $390,000
  • 01 Apr 2010
    Listed for Sale OFFERS FROM $400,000
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About Marsfield 2122

The size of Marsfield is approximately 3.9 square kilometres. It has 30 parks covering nearly 24.9% of total area. The population of Marsfield in 2011 was 12,347 people. By 2016 the population was 13,282 showing a population growth of 7.6% in the area during that time. The predominant age group in Marsfield is 20-29 years. Households in Marsfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marsfield work in a professional occupation. In 2011, 59.7% of the homes in Marsfield were owner-occupied compared with 55.4% in 2016.

Marsfield has 5,657 properties. Over the last 5 years, Houses in Marsfield have seen a 100.41% increase in median value, while Units have seen a 30.95% increase. As at 31 August 2024:

  • The median value for Houses in Marsfield is $2,554,166 while the median value for Units is $943,152.
  • Houses have a median rent of $863 while Units have a median rent of $650.
There are currently 17 properties listed for sale, and 12 properties listed for rent in Marsfield on OnTheHouse. According to CoreLogic's data, 242 properties were sold in the past 12 months in Marsfield.

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