79 Charles StreetPutney NSW 2112
Property Details for 79 Charles St, Putney
79 Charles St, Putney is a 0 bedroom, 0 bathroom House. The property has a land size of 999m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in August 2023. There are other 0 bedroom House sold in Putney in the last 12 months.
Last Listing description (August 2023)
Burgess Rawson is pleased to offer 79 Charles Street, Putney NSW 2112 to the market for sale via our Investment Portfolio Auction 162.
The investment has the following key investment highlights:
+ Dominant 53 place centre within the vibrant Putney Village retail/business area, boasting ample parking
+ Story House are a leading national education provider with over 50 centres
+ Compounding 4% annual rent increases
+ Strong education rich precinct with 15 schools within a 5 min drive
+ Putney is a prestigious and affluent Sydney suburb with household income 67% higher than the NSW average
+ Putney - suburb median house price of $3.4 million is 2.8* times higher than Sydney's median house price
+ Attractive net lease structure ? tenant pays all usual outgoings, including general Repairs & Maintenance and Management Fees
+ Land Tax free commercial investment (NSW only)
+ Net Income: $200,637 pa* + GST (Rising to $308,871 in 2033 based on a 4%pa increase)
To be sold by Investment Portfolio Auction
10:30 am AEST Tuesday 1 August 2023
Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx
Property History for 79 Charles St, Putney, NSW 2112
- 01 Aug 2023Sold for $5,710,000
- 04 Jul 2023Listed for Sale Contact Agent
- 20 May 1994Sold for $260,000
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About Putney 2112
The size of Putney is approximately 1.5 square kilometres. It has 12 parks covering nearly 16.2% of total area. The population of Putney in 2011 was 4,076 people. By 2016 the population was 4,119 showing a population growth of 1.1% in the area during that time. The predominant age group in Putney is 50-59 years. Households in Putney are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Putney work in a professional occupation. In 2011, 83.4% of the homes in Putney were owner-occupied compared with 82.7% in 2016.
Putney has 1,591 properties.
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