30 George StreetMortdale NSW 2223
Property Details for 30 George St, Mortdale
30 George St, Mortdale is a 15 bedroom, 9 bathroom BlockOfUnits with 9 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 15 bedroom BlockOfUnits sold in Mortdale in the last 12 months.
Last Listing description (November 2023)
Rarely offered to the market is this fantastic opportunity to secure an entire apartment building. Located in the heart of Mortdale just 25mins train ride to Sydney CBD, this apartment block offers 6 x 2 bedroom apartments and 3 x 1 bedrooms apartments, all with lock up garages, internal laundries and balconies. All currently tenanted this is ideal for super fund investors, future development opportunity or to simply hold for great long term investment.
- Rare opportunity to secure an entire residential apartment building
- Site size: 763.8 sqm (approx.) land size block with 21.3m frontage & R4 zoning
- All 9 apartments are on one title
- All apartments with l/u/g, balconies, internal laundries and open plan living
- Ideal for superannuation funds, developers, investors or speculative investors with a possible upswing should re-zoning occur
- Quick 35mins drive to Sydney CBD, and 25mins to Sydney Airport.
- 25 minute train ride to Central Station/CBD.
- Located in the heart of Mortdale Village, with shops, cafes, buses and train station only meters away.
- Contact agent for Contract of Sale, and IM - including Tenancy Schedule, costs and other relevant information
Property History for 30 George St, Mortdale, NSW 2223
- 30 Nov 2023Sold for $4,800,000
- 06 Oct 2023Listed for Sale Expressions of Interest
- 09 Sep 2021Sold
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About Mortdale 2223
The size of Mortdale is approximately 2.9 square kilometres. It has 17 parks covering nearly 22.5% of total area. The population of Mortdale in 2011 was 9,701 people. By 2016 the population was 10,425 showing a population growth of 7.5% in the area during that time. The predominant age group in Mortdale is 30-39 years. Households in Mortdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mortdale work in a professional occupation. In 2011, 64.9% of the homes in Mortdale were owner-occupied compared with 62.4% in 2016.
Mortdale has 5,443 properties. Over the last 5 years, Houses in Mortdale have seen a 53.75% increase in median value, while Units have seen a 17.89% increase. As at 31 October 2024:
- The median value for Houses in Mortdale is $1,739,830 while the median value for Units is $712,129.
- Houses have a median rent of $750 while Units have a median rent of $580.
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