40 Mackinnon AvenuePadstow NSW 2211
Property Details for 40 Mackinnon Ave, Padstow
40 Mackinnon Ave, Padstow is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 715m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Padstow in the last 12 months.
Last Listing description (June 2024)
Nestled in one of Padstow's most coveted addresses, 40 Mackinnon Avenue, Padstow presents an exceptional opportunity for discerning investors and developers alike. This expansive property boasts a generous land size and is primed for transformation, offering endless possibilities to capitalise on its blue ribbon location.
The first time offered in over 70 years, this home offers three bedrooms, a separate living and dining area, original kitchen and bathroom, toilet and lock-up garage. With fewer blocks of land this size coming to the market, now is your chance to get a hold of this once in a lifetime opportunity.
The central location offers unparalleled convenience, mere minutes away from Padstow Train Station and a vibrant array of shops. With Padstow's growing CBD just moments away, families will appreciate the proximity to excellent local primary and high schools, ensuring a seamless school run and a quality education for their children.
Whether you are looking for a blank canvas to build your family home, development opportunity or ideal investment, this home must be inspected to be truly appreciated!
Don't miss out on this great opportunity in this much sought-after location.
Contact Anthony Safi on 0499 411 572 or Jean-Pierre Abi Akl on 0499 411 181
Property History for 40 Mackinnon Ave, Padstow, NSW 2211
- 04 Jun 2024Sold for $1,608,000
- 14 May 2024Listed for Sale AUCTION
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About Padstow 2211
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 6,260 properties. Over the last 5 years, Houses in Padstow have seen a 69.89% increase in median value, while Units have seen a 38.86% increase. As at 31 August 2024:
- The median value for Houses in Padstow is $1,473,367 while the median value for Units is $926,638.
- Houses have a median rent of $750 while Units have a median rent of $570.
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