125 Bedford StreetNewtown NSW 2042
Property Details for 125 Bedford St, Newtown
125 Bedford St, Newtown is a 6 bedroom, 2 bathroom House and was built in 1920. The property has a land size of 164m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (September 2023)
Unique to the market, this property presents a superb investment opportunity in a key location just 650m to Newtown station and within easy walking distance of the University of Sydney campus and the RPA Hospital precinct. A solid income-earner, the two-storey property comes with a 6 month leasehold in place assuring a steady income stream along with rental growth potential ideal for the long-term investor, SMSF buyer or developer. A premium asset class with a future upside, the wide-fronted terrace is in the heart of Sydney's vibrant bohemian culture and a short stroll to Enmore Road's small bar scene and music venues. On a dual access block with a NE facing backyard, the c1900 terrace is set on 164sqm approx in a connected urban village neighbourhood with the buzz of King Street at the top of the street and easy access to the city.
- Property in the heart of Newtown, fully tenanted
- 2 storey terrace with rear lane access and a NE courtyard
- Low-maintenance and high-yielding investment prospect
- Polished timber floors, high ceilings and fresh interiors
- Large bedrooms designed to share, 2 modern bathrooms
- 2 oversized bedrooms with a study nook or walk-in robe
- Common living/dining area and a bright modern gas kitchen
- High rental demand, ideal for students and medical workers
- Current total rental return $78,000 per annum approx
- Future uplift with scope to generate $110,000 pa approx
- Stroll up to King Street's dining and entertainment hub
- Rates: Water $169pq, Council $461pq (Both approx.)
Contact Timothy Gorring 0438 822 281
Shaun Stoker 0424 172 217
Our recommended loan broker: Tommy Nguyen (www.loanmarket.com.au/tommy-nguyen)
Property History for 125 Bedford St, Newtown, NSW 2042
- 21 Jul 2023Sold for $1,675,000
- 02 Feb 2023Listed for Sale For Sale - $1,850,000
- 08 Mar 1997Listed for Rent - Price not available
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0About Newtown 2042
The size of Newtown is approximately 1.6 square kilometres. It has 18 parks covering nearly 3.7% of total area. The population of Newtown in 2011 was 14,148 people. By 2016 the population was 15,009 showing a population growth of 6.1% in the area during that time. The predominant age group in Newtown is 20-29 years. Households in Newtown are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Newtown work in a professional occupation. In 2011, 41.2% of the homes in Newtown were owner-occupied compared with 38.5% in 2016.
Newtown has 9,372 properties.
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