23/79-87 Beaconsfield St, Silverwater is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 141m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in June 2012.
Astute investors will appreciate the rare opportunity to reap double rental returns on this well-maintained property, transformed into a three-bedder and a studio, each with their own private entrance, split-system air-conditioning, and secure car space. Combined, the two produce an annual return of almost $42,000 (studio: $300/week; apartment: $500/week). The studio is fully self-contained, while downstairs is the apartment, with three spacious bedrooms with built-ins, bathroom, modern kitchen, and balcony with views to Sydney Olympic Park. The complex is perched above a small retail strip, making it very popular with renters. Beaconsfield Street is a prime location close to Newington, Homebush Bay, and Sydney Olympic Park. Plus, it's just moments to local schools, easy access to the M4, and plentiful public transport to Parramatta and Sydney CBD.
- Rare opportunity for a double income
- Combined rental: $41,600/annum
Strata Levies - Admin $1232.62 and Sinking $586.92 per quarter.
Council Levies - $205.80 per quarter.
Water Rates - $165 per quarter.
R&W Toongabbie have gathered the information contained herein from sources such as Principal/vendors & their legal representatives which we deem to be reliable. All lot sizes/measurements are approximate; the website may have filtered the property into a price bracket for website functionality purposes. However, no representation or warranties of any nature whatsoever are given, intended or implied. Any interested parties should rely on their own inquiries. Intending purchasers should seek legal & financial advice before entering into any contract of purchase.
The size of Silverwater is approximately 2.7 square kilometres. It has 8 parks covering nearly 3.1% of total area. The population of Silverwater in 2011 was 3,161 people. By 2016 the population was 4,166 showing a population growth of 31.8% in the area during that time. The predominant age group in Silverwater is 30-39 years. Households in Silverwater are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Silverwater work in a professional occupation. In 2011, 53% of the homes in Silverwater were owner-occupied compared with 50% in 2016.
Silverwater has 1,732 properties. Over the last 5 years, Houses in Silverwater have seen a 74.22% increase in median value, while Units have seen a 14.96% increase. As at 31 July 2024:
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