OFF MARKET

5/20 Benelong Street
Seaforth NSW 2092

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 127m2
Land area: 6979m2
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Last updated 11 Nov 2024
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Property Details for 5/20 Benelong St, Seaforth

5/20 Benelong St, Seaforth is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 6979m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in July 2013.

Building Type
Unit
Year Built
1997
Floor Size
127m2
Land Size
6979m2
Local Government
Northern Beaches
Lot/Plan
5/SP55007

Last Listing description (July 2013)

Defence Housing Australia (DHA) Rock-Solid Carefree Investment Townhouse in Superb Setting in Seaforth
Arguably the perfect property investment. Idea for Self Managed Super Funds. Gross rental yield of approximately 5.5%.
Leased to the Defence Housing Australia (DHA), this two-level townhouse is a rock-solid investment offering no maintenance worries and an exceptional rental yield. An affordable entry point to the blue chip Seaforth market, the desirable property commands an outstanding location. Nestled in a quiet street, it stands just a brief stroll from parkland, local schools, shops and public transport.

• Three double bedrooms with built-ins, main with ensuite and balcony
• Full bathroom with separate WC, internal laundry, guest WC
• Generous kitchen with gas appliances, adjoining casual dining area
• Expansive open plan living and dining room opening to garden
• Air-conditioning, ceiling fans, large secure garage
• Exceptional rental returns of $780/week, quality DHA management
• Leased to 31/07/2015 with 3 year option and annual rental reviews
DHA charges a management fee of 12% (inc. GST) of rent collected which covers repairs not covered by the Owners Corporation and new paint and carpet at the end of the lease. Quality tenant, no rent arrears, regular rent reviews and no vacancy. Further details can be found in the lease attached to the contract of sale.
Approximate quarterly outgoings:
    Levies: $730
    Council rates: $298
    Water rates: $172
    TOTAL: $1,200 per quarter
Tenancy Schedule
    $780pw rent with lease expiring 31 Jul 15
Total annual rent: $40,671
Estimated current market total rent: $40,671 pa / $780 p/w
Approximate strata area: 195 m2
Details: Andrew Croll 0409 530 133 or a ndrew@croll.com.au
Solicitor: Adrian Byrne, Adrian G Byrne & Co Solicitors : 9533 3966, PO Box 749 Riverwood NSW 2210, info 4;agbyrne.com.au 
A copy of the contract for this property can be downloaded from the Croll Real Estate website
Internal photographs are of neighbouring townhouse 3 

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Property History for 5/20 Benelong St, Seaforth, NSW 2092

A timeline of how this property has performed in the market
Last Sold
$760,000
25 Jul 2013
  • 25 Jul 2013
    Sold for $760,000
  • 11 Oct 2012
    Listed for Sale OFFERS OVER $785,000
  • 20 Jun 1997
    Sold for $345,000

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About Seaforth 2092

The size of Seaforth is approximately 3 square kilometres. It has 15 parks covering nearly 17.5% of total area. The population of Seaforth in 2011 was 6,726 people. By 2016 the population was 7,149 showing a population growth of 6.3% in the area during that time. The predominant age group in Seaforth is 40-49 years. Households in Seaforth are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Seaforth work in a professional occupation. In 2011, 81% of the homes in Seaforth were owner-occupied compared with 81.4% in 2016.

Seaforth has 2,799 properties. Over the last 5 years, Houses in Seaforth have seen a 39.90% increase in median value, while Units have seen a 52.33% increase. As at 31 October 2024:

  • The median value for Houses in Seaforth is $3,330,615 while the median value for Units is $2,055,511.
  • Houses have a median rent of $1,773 while Units have a median rent of $980.
There are currently 17 properties listed for sale, and 9 properties listed for rent in Seaforth on OnTheHouse. According to CoreLogic's data, 112 properties were sold in the past 12 months in Seaforth.

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