5 Campbell StreetNorthmead NSW 2152
Property Details for 5 Campbell St, Northmead
Last Listing description (November 2021)
Offering a DA approved boarding home site positioned in the heart of Northmead, this is an unmissable investment opportunity! Boasting a large 1116sqm (approx) R3 zoned block of land with DA approved plans for a 3 storey, 33 room boarding house with 17 car spaces to the basement. The boarding house is forecasted to have a future yield of approximately $600,000 gross annual income, making it an opportunity not to be missed.
Situated directly opposite the Northmead Shopping Village, within walking proximity to City and local buses, schools and parks, this enviable location will be sure to attract tenants to the property! In addition the proposed boarding house is less than 5km away from Parramatta CBD, Westmead Hospital and train stations.
Block Features:
* DA approved plans for a 33 room boarding house
* Approx 15.59m frontage
* Approx 72.9m Eastern boundary
* Approx 76.17m Western boundary
* Approx 15.24m rear
* Approx 1,116sqm block
* Approx 859sqm total build area
Location Benefits (approximates):
* 50m to Northmead Shopping Village
* 200m to Rouse Hill, Hornsby, Parramatta & Blacktown buses
* 240m to Northmead Creative & Performing Arts School
* 1.9km to Parramatta Lake Walk
* 2km to Westmead Hospital
* 3.5km to Grove Square Baulkham Hills
* 3.9km to Parramatta CBD
* 4.3km to Westmead Station
Property History for 5 Campbell St, Northmead, NSW 2152
- 27 Aug 2024Sold for $1,750,000
- 03 Aug 2021Sold for $2,250,000
- 22 Jul 2021Listed for Sale Great Investment in Enviable Location
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About Northmead 2152
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:
- The median value for Houses in Northmead is $1,616,253 while the median value for Units is $622,043.
- Houses have a median rent of $700 while Units have a median rent of $600.
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