OFF MARKET

1/16 Margaret Street
Russell Lea NSW 2046

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 80m2
Land area: 958m2
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Last updated 14 Oct 2024
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Property Details for 1/16 Margaret St, Russell Lea

1/16 Margaret St, Russell Lea is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1969. The property has a land size of 958m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
1969
Floor Size
80m2
Land Size
958m2
Local Government
Canada Bay
Lot/Plan
1/SP4098

Last Listing description (March 2022)

In a sought after location, this must see light filled apartment

offers expansive views over Campbell Park towards Five Dock Bay and presents

a solid opportunity for those seeking privacy, convenience and comfort.

STANDOUT FEATURES INCLUDE:

Two double bedrooms, both with built-in robes.

Free flowing separate lounge / dining areas.

Renovated with quality fixtures and fittings throughout.

Preferred North Facing Aspect.

Generous easy to enjoy balcony overlooking Campbell Park.

Functional flow through floor plan.

Practical kitchen with stone top's & ample bench space.

Modern bathroom, with full bathtub & separate shower.

Windows to 3 sides allow for ample natural light and airflow.

Internal laundry with linen storage.

Elevated ground floor position.

Low maintenance secure block of 9.

Tandem Lock Up Garage.

Ideal for the first home buyer, smart investor or an easy downsize.

Just moments to city buses and a short stroll to Rivercat services.

All other amenities are nearby including local village shops, quality schools, restaurants, cafs, clubs, foreshore parks and walkways.

Strata Levies: $639.00 per quarter approx.
Council Rates: $295.00 per quarter approx.
Water Rates: $148.00 per quarter approx.

Total Area: 116 sqm approximately
Internal: 80 sqm approximately
Balconies: 10 sqm approximately
Garage: 26 sqm approximately

Every care & precaution has been taken to establish the accuracy of the information provided. However, this information does not constitute any representation by Abbotsford Cove Real Estate P/L, real estate agent or the vendors. Purchasers are advised to make their own enquiries as to the accuracy of the information provided.
All measurements are approximate

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Property History for 1/16 Margaret St, Russell Lea, NSW 2046

A timeline of how this property has performed in the market
Last Sold
$1,035,000
19 Mar 2022
  • 19 Mar 2022
    Sold for $1,035,000
  • 21 Feb 2022
    Listed for Sale Tranquil Park View offers Amazing Privacy
  • 03 Nov 2012
    Sold for $630,000
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About Russell Lea 2046

The size of Russell Lea is approximately 1 square kilometres. It has 6 parks covering nearly 1% of total area. The population of Russell Lea in 2011 was 4,779 people. By 2016 the population was 4,983 showing a population growth of 4.3% in the area during that time. The predominant age group in Russell Lea is 40-49 years. Households in Russell Lea are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Russell Lea work in a professional occupation. In 2011, 72.3% of the homes in Russell Lea were owner-occupied compared with 72.2% in 2016.

Russell Lea has 2,164 properties. Over the last 5 years, Houses in Russell Lea have seen a 63.34% increase in median value, while Units have seen a 28.18% increase. As at 30 September 2024:

  • The median value for Houses in Russell Lea is $3,153,672 while the median value for Units is $1,045,960.
  • Houses have a median rent of $1,015 while Units have a median rent of $680.
There are currently 14 properties listed for sale, and 15 properties listed for rent in Russell lea on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Russell lea.

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