12a/53-59 Balmoral Rd, Northmead is a 3 bedroom, 2 bathroom Unit.
UNIQUE OPPORTUNITY PERFECT FOR INVESTMENT WITH ALMOST A 10% RETURN
2 BEDROOM APARTMENT + STUDIO
Enjoying a position within walking distance to Westmead Station, public transport, restaurants, shops, schools, hospital etc, this generous ground floor apartment promises a low maintenance lifestyle. Generous proportions flow throughout the bright apartment, with a large carpeted space offering a relaxed meal and living space in both the main and studio apartments. Caesar stone benchtops frame the kitchen which includes modern stainless-steel appliances such as dishwasher and gas cooktop in the 2-bedroom apartment. Split air con system is also included. Glass sliding doors open from the living space to a private, covered alfresco area perfect for catching the afternoon sun. A large kid friendly fully fenced balcony is another bonus.
Strata levy per quarter including building insurance is $686.72 approx.
The studio apartment has its own entrance both through the front foyer and offers its own tiled balcony area.
Both apartments have their own laundries, built-ins, and modern bathrooms.
Security intercom, secure parking & lock-up cage is available.
The size of Northmead is approximately 4.3 square kilometres. It has 26 parks covering nearly 19% of total area. The population of Northmead in 2011 was 10,223 people. By 2016 the population was 11,199 showing a population growth of 9.5% in the area during that time. The predominant age group in Northmead is 30-39 years. Households in Northmead are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Northmead work in a professional occupation. In 2011, 62.7% of the homes in Northmead were owner-occupied compared with 59.9% in 2016.
Northmead has 4,928 properties. Over the last 5 years, Houses in Northmead have seen a 73.36% increase in median value, while Units have seen a 8.48% increase. As at 31 October 2024:
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