41 Livingstone RoadPetersham NSW 2049
Property Details for 41 Livingstone Rd, Petersham
41 Livingstone Rd, Petersham is a 16 bedroom, 8 bathroom House with 8 parking spaces. The property has a land size of 947m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (April 2023)
Reap the rewards held by this exceptional property that comprises eight apartments in a classic Art Deco block that are to be sold in a line. Opportunities such as this are rare, particularly on a substantial 948.5 sqm block in a desirable lifestyle setting with the promise of outstanding capital growth and potential for future development (STCA).
The property has been renovated throughout and offers a strong current rental return of $240,240 per annum, with further scope to increase. All its period charm has been retained with its full brick build, high ceilings, picture rails, timber floors and feature fireplace mantels. It includes parking for eight cars and large storage sheds at the rear. The elements are in place for an attractive addition to the investment portfolio being a few steps to Petersham's village, bus services, train station and Marrickville Park.
- Prime position with walk everywhere convenience
- Light and bright, many with a north orientation
- Free flowing open plan living and dining rooms
- Renovated stone kitchen with quality appliances
- Generous bedrooms including large master suites
- Modern bathrooms, off street parking for 8 cars
- Large shared storage sheds, potential future development (STCA)
- Zoned R4 High Density Residential
- Current passing income of $240,240 approximately
Land size: 948.5 square meters, approximately
Council rates: $6,935 per annum, approximately
Water rates: $7,212 per annum, approximately
Property History for 41 Livingstone Rd, Petersham, NSW 2049
- 17 Mar 2023Sold for $5,230,000
- 11 Nov 2022Listed for Sale Under Contract
- 16 Mar 2020Listed for Rent $495 / week
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0About Petersham 2049
The size of Petersham is approximately 1.3 square kilometres. It has 6 parks covering nearly 5.5% of total area. The population of Petersham in 2011 was 7,529 people. By 2016 the population was 8,114 showing a population growth of 7.8% in the area during that time. The predominant age group in Petersham is 30-39 years. Households in Petersham are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Petersham work in a professional occupation. In 2011, 49.8% of the homes in Petersham were owner-occupied compared with 47.3% in 2016.
Petersham has 5,082 properties. Over the last 5 years, Houses in Petersham have seen a 40.40% increase in median value, while Units have seen a 11.07% increase. As at 31 October 2024:
- The median value for Houses in Petersham is $2,102,569 while the median value for Units is $824,691.
- Houses have a median rent of $790 while Units have a median rent of $615.
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