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Sold on 04 Apr 2024 for $172,000

72/165 Thompsons Road
Pokolbin NSW 2320

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 60m2
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Property Details for 72/165 Thompsons Rd, Pokolbin

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

Last Listing description (May 2024)

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 $16,969.06 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 ($4,191.27 pa) which leaves you with $12,777.79ALL outgoings paid for by the tenant except the strata capital works fund of $1,513.60 pa (approx) and council rates of $628 pa (approx) with a final Net return of $10,636.19 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.Discount valued over $2,900 T's amp; C's apply.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 - Fixed term lease back to the operator until 31st May 2025 with an additional 6 year option 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 net yield divided 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.

Property History for 72/165 Thompsons Rd, Pokolbin, NSW 2320

A timeline of how this property has performed in the market
Last Sold
$172,000
04 Apr 2024
  • 04 Apr 2024
    Sold for $172,000
  • 12 Mar 2024
    Listed for Sale Sold
  • 23 Jul 2019
    Listed for Sale $129,000

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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 1,580 properties.

    There are currently 9 properties listed for sale, and 1 property listed for rent in Pokolbin on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Pokolbin.

    Suburb Insights for Pokolbin 2320

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    Contact agent
    Bryce Gibson
    Show contact details
    LJ Hooker Cessnock
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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.