88 Rossmore Ave, Punchbowl is a 12 bedroom, 6 bathroom Unit with 12 parking spaces and was built in 1960. The property has a land size of 650m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
A blue chip investment which will reward the astute investor.
All six units will be offered on one title located footsteps away from the local shopping district of Punchbowl which provides a wealth of shopping, entertainment, schools and transport options, delivering a superb easy care lifestyle for tenants.
The block sits on approx. 650sqm and offers a strong rental return which will make a compelling case for the long-term investor.
All units offer 2 bedrooms, combined kitchen/dining and car space.
Council rates $1,070.00pq
Water rates $1,586.00pq
No strata rates
*All Inspections are by appointment only, please contact the agent to arrange a time
The size of Punchbowl is approximately 4.5 square kilometres. It has 16 parks covering nearly 5.8% of total area. The population of Punchbowl in 2011 was 18,428 people. By 2016 the population was 20,263 showing a population growth of 10.0% in the area during that time. The predominant age group in Punchbowl is 20-29 years. Households in Punchbowl are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Punchbowl work in a trades occupation. In 2011, 63.9% of the homes in Punchbowl were owner-occupied compared with 58.7% in 2016.
Punchbowl has 7,822 properties. Over the last 5 years, Houses in Punchbowl have seen a 66.97% increase in median value, while Units have seen a 18.09% increase. As at 31 October 2024:
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