OFF MARKET

14 York Street
Point Frederick NSW 2250

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Floor area: 87m2
Land area: 701m2
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Property Details for 14 York St, Point Frederick

14 York St, Point Frederick is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1990. The property has a land size of 701m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
1990
Floor Size
87m2
Land Size
701m2
Local Government
Central Coast
Lot/Plan
1/DP618378

Last Listing description (July 2023)

This block of 4 townhouses has been held by the current owners for 38 years, but the time has now come for a new owner. The property has had stable and consistent returns largely due to the properties central location, access to local transport at the doorstep and all just a short 50 meter stroll to Gosford waterfront, coffee shops, new parks and all the lifestyle that comes with the freshly rejuvenated Gosford foreshore

Combined all 4 townhouses lease for approx $1340/week with scope for further improvements in these returns as local rental shortages drive up rental prices. 3 of the 4 properties are in current leases that are soon to expire which would also allow the opportunity for higher returns in line with the local market increases. There is also the opportunity for small scale improvements like kitchens and bathrooms which will further increase appeal and rental yields.

These properties must be sold in 1 line and are NOT for individual purchase.

For specific information on the current leases, returns, pricing and inspection availability please get in touch with Cameron today on 0408 219 261

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Property History for 14 York St, Point Frederick, NSW 2250

A timeline of how this property has performed in the market
Last Sold
$1,475,000
12 Nov 2020
Listed for Rent
$395/w
14 Jan 2021
  • 14 Jan 2021
    Listed for Rent $395 / week
  • 12 Nov 2020
    Sold for $1,475,000
  • 06 Nov 2020
    Listed for Sale Under Contract
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About Point Frederick 2250

The size of Point Frederick is approximately 1.2 square kilometres. It has 5 parks covering nearly 2.3% of total area. The population of Point Frederick in 2011 was 1,771 people. By 2016 the population was 1,922 showing a population growth of 8.5% in the area during that time. The predominant age group in Point Frederick is 50-59 years. Households in Point Frederick are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Point Frederick work in a professional occupation. In 2011, 49.6% of the homes in Point Frederick were owner-occupied compared with 50.9% in 2016.

Point Frederick has 1,469 properties. Over the last 5 years, Houses in Point Frederick have seen a 61.75% increase in median value, while Units have seen a 45.47% increase. As at 31 October 2024:

  • The median value for Houses in Point Frederick is $1,196,259 while the median value for Units is $684,637.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 13 properties listed for sale, and 4 properties listed for rent in Point frederick on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Point frederick.

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