6/22 Memorial Ave, South West Rocks is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 38m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
When location matters and the numbers need to stack up, then do not go past this very neat one bedroom unit.
Currently returning $260pw on a permanent basis this unit is located within 300m stroll to the local Surf Club and if you can get there in a few minutes then you are in the centre of town.
The bathroom and kitchen are neat and the bedroom is located on the northern side of the complex ensuring that there is no disturbances at night. Good sized living area with ample space for the fold out lounge for visitors, and there will be those.
The complex shares a common laundry and plenty of open space, including a veranda for entertaining or the odd catch up with neighbours. Owners have the benefit of access to the garage for locking up valuables also.
This is expected to draw a lot of interest and the tenant is keen to stay so investors please take note.
Inspect by appointment only.
The size of South West Rocks is approximately 13.6 square kilometres. It has 8 parks covering nearly 6.3% of total area. The population of South West Rocks in 2011 was 4,302 people. By 2016 the population was 4,589 showing a population growth of 6.7% in the area during that time. The predominant age group in South West Rocks is 60-69 years. Households in South West Rocks are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South West Rocks work in a trades occupation. In 2011, 67.5% of the homes in South West Rocks were owner-occupied compared with 70.7% in 2016.
South West Rocks has 4,163 properties. Over the last 5 years, Houses in South West Rocks have seen a 72.91% increase in median value, while Units have seen a 72.24% increase. As at 31 October 2024:
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