OFF MARKET

63/165 Thompsons Road
Pokolbin NSW 2320

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
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Last updated 16 Dec 2024
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Property Details for 63/165 Thompsons Rd, Pokolbin

63/165 Thompsons Rd, Pokolbin is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2001. The property has a floor size of 60m2.

Building Type
Townhouse
Year Built
2001
Floor Size
60m2
Local Government
Cessnock

Last Listing description (December 2020)

This is a great opportunity to secure a fully furnished 1 bedroom villa in Australia's leading health retreat, the golden door resort. This villa presents very well and offers stunning views over the valley.

The Numbers look like this. The Gross yearly rental return of $15,915.24 pa with annual increases by way of CPI (every May). One quarter of the gross yearly rental is held back in trust for the Villa Refurbishment Program ($3,978.81 pa) which leaves you with $11,936.34

ALL outgoings paid for by the tenant except the strata capital works fund of $189.40 pq (approx) and council rates of $151 pq (approx) with a final Net return of $10,574.74 after these limited outgoings are deducted.
But wait there is more! You also have the added benefit of enjoying a discounted stay for 7 days for 2 people each year which saves you approx $5000 pa**

Lease start 1st May 2018 end date 30th April 2024 with a 6 year option.

Property Quick Facts
- 1 good sized bedroom - Fully Furnished
- Spacious open plan sitting space - Stylish kitchenette - Ducted air conditioning
- Large ensuite - Verandah off sitting area

For your copy of the contract or to find out what you need to do today to buy this investment opportunity please contact us on 4050 6000 or email us for details.

*the % return is based on the nett yield devided into the sale price and does not factor in legals, stamp duty or funding cost. LJ Hooker Cessnock does not give financial or investment advice any claims are of a general nature only. ** approximate savings are based on the room rates at time of listing.

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Property History for 63/165 Thompsons Rd, Pokolbin, NSW 2320

A timeline of how this property has performed in the market
  • 17 Dec 2020
    Listed for Sale Sold
  • 17 May 2019
    Listed for Sale $132,000

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About Pokolbin 2320

The size of Pokolbin is approximately 132.8 square kilometres. It has 10 parks covering nearly 9.6% of total area. The population of Pokolbin in 2011 was 694 people. By 2016 the population was 955 showing a population growth of 37.6% in the area during that time. The predominant age group in Pokolbin is 60-69 years. Households in Pokolbin are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Pokolbin work in a managers occupation. In 2011, 69.3% of the homes in Pokolbin were owner-occupied compared with 77.5% in 2016.

Pokolbin has 1,596 properties. Over the last 5 years, Houses in Pokolbin have seen a 103.14% increase in median value, while Units have seen a 76.50% increase. As at 30 November 2024:

  • The median value for Houses in Pokolbin is $1,173,886 while the median value for Units is $457,228.
  • Houses have a median rent of $650.
There are currently 19 properties listed for sale, and 3 properties listed for rent in Pokolbin on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Pokolbin.

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