110/37A Manchester DriveSchofields NSW 2762
Property Details for 110/37a Manchester Dr, Schofields
110/37a Manchester Dr, Schofields is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2022. The property has a land size of 63m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Schofields in the last 12 months.
Last Listing description (October 2024)
This immaculate studio apartment offers an exceptional opportunity for investors seeking a high-cashflow property in a thriving location.
Prime Location:
- Situated in the heart of the burgeoning Schofields precinct,
- Excellent access to local amenities and transport links.
Investment Highlights:
- Award-winning development, showcasing quality design and construction.
- Currently tenanted for $440 per week, delivering a strong rental return of approximately 6%.
- Modern Appliances with extended warranty.
- 2.7 Ceiling
- Ducted Airconditioning
- Down LED lights
- Ideal for investors seeking a low-maintenance, high-yield property.
Dont miss out on this fantastic investment opportunity! Contact SUMIIT GUPTA at 0406 762 160 to arrange a private inspection.
Property History for 110/37a Manchester Dr, Schofields, NSW 2762
- 21 Oct 2024Sold for $450,000
- 11 Jun 2024Listed for Sale Not Disclosed
- 29 Nov 2022Listed for Rent $350 / week
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0About Schofields 2762
The size of Schofields is approximately 10.2 square kilometres. It has 16 parks covering nearly 5.5% of total area. The population of Schofields in 2011 was 3,812 people. By 2016 the population was 4,972 showing a population growth of 30.4% in the area during that time. The predominant age group in Schofields is 30-39 years. Households in Schofields are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Schofields work in a professional occupation. In 2011, 72.3% of the homes in Schofields were owner-occupied compared with 71.7% in 2016.
Schofields has 9,261 properties. Over the last 5 years, Houses in Schofields have seen a 53.32% increase in median value, while Units have seen a -2.87% decrease. As at 31 December 2024:
- The median value for Houses in Schofields is $1,276,224 while the median value for Units is $614,976.
- Houses have a median rent of $750 while Units have a median rent of $620.
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