17 David Ave, Oak Flats is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1980. The property has a land size of 725m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in May 1984.
Introducing an unprecedented investment opportunity in a premium central location. Boasting an excellent rental history, this well-kept blonde brick complex of three is within walking distance to shopping precinct, schools, bowling club and Lake Illawarra.
- Currently returning $52,000pa gross. Current market $56,000 plus.
- Great condition with timber floors throughout, awesome tenants
- Impressive 725sqm block with ample room for kids to play at rear
- Walk to public, secondary schools and the Oak Flats Bowling Club
- Hop skip and a jump to the lake’s foreshore and popular cycle-way
- Positioned in the heart of Oak Flats with an excellent tenancy history
Water Rates: $448.05 per quarter (approx.)
Council Rates: $863.00 per quarter (approx.)
If you would like to follow this listing or make an offer, please follow the link below:
https://buy.realtair.com/properties/100186
For further information, please call or email Adam Martin & Team
The size of Oak Flats is approximately 3.7 square kilometres. It has 17 parks covering nearly 11.9% of total area. The population of Oak Flats in 2011 was 6,310 people. By 2016 the population was 6,377 showing a population growth of 1.1% in the area during that time. The predominant age group in Oak Flats is 50-59 years. Households in Oak Flats are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oak Flats work in a trades occupation. In 2011, 76.4% of the homes in Oak Flats were owner-occupied compared with 75.8% in 2016.
Oak Flats has 3,511 properties. Over the last 5 years, Houses in Oak Flats have seen a 64.33% increase in median value, while Units have seen a 51.86% increase. As at 31 October 2024:
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