162 Alma Rd, Padstow is a 4 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 1970. The property has a land size of 240m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
The Auction will be taking place online VIA AuctionNow. To register please click the below link. https://auctionnow.com.au/properties/71832Occupying a premier position on a main road location with excellent street exposure. This combined residential/commercial property presents a rare investment opportunity. With an approximate rental return of $38,479.42 per annum, the property consists of an established lower level business and a four bedroom apartment. With rear lane access, two street frontages and high vehicle and pedestrian visibility, this rare find is one for the as investor or to add to the portfolio.- Established massage business leased until 03/02/2023- The residence is currently tenanted until 21/01/2022- Business leased at $18,303.96 P/A (including GST)- Residence leased at $21,840.00 P/A, rear access parking- Residence has 4 bedrooms, 2.5 bathrooms, LX kitchen- Timber floors, skylight, high ceilings and air conditioning- A 5 minute drive to Padstow station and amenities
The size of Padstow is approximately 5.5 square kilometres. It has 20 parks covering nearly 10.9% of total area. The population of Padstow in 2011 was 12,716 people. By 2016 the population was 13,287 showing a population growth of 4.5% in the area during that time. The predominant age group in Padstow is 50-59 years. Households in Padstow are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Padstow work in a professional occupation. In 2011, 70% of the homes in Padstow were owner-occupied compared with 67.2% in 2016.
Padstow has 6,240 properties.
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