OFF MARKET

32 Anzac Parade
Teralba NSW 2284

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 1043m2
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Last updated 18 Nov 2024
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Property Details for 32 Anzac Pde, Teralba

32 Anzac Pde, Teralba is a 0 bedroom, 0 bathroom House. The property has a land size of 1043m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Floor Size
120m2
Land Size
1043m2
Local Government
Lake Macquarie
Lot/Plan
101/DP774632

Last Listing description (December 2022)

Expressions Of Interest closing on 14/05/2022

THE OPPORTUNITY:


- Seven (7) self-contained units over a two-story design
- CIRCA return $108,000 per annum
- Each unit containing kitchenette, bathroom, and bedroom
- Unit 1 consists of three bedrooms and additional living room
- Common areas include balconies, generous backyard, and ample off-street parking
- Separate electrical meters for tenancies
- Picturesque aspect over Lake Macquarie Five Islands
- East facing
- 1,100m2 approx. land holding for further value add
- Access from Anzac Parade with pedestrian access also from Lake Crescent

THE LOCATION:

- 2.3km to Speers Point Park
- 4.3km to Bunnings Super Centre
- 4km to Costco Wholesaler
- 5.3km to Glendale Shopping precinct
- 5.6km to Warners Bay Shopping precinct
- 1.7km to Marmong Marina

Remarkable yet rare opportunity to secure a great addition to the Investment Portfolio.

Inviting Expressions of Interest and Formal Lodgements of purchase.

Contact Darcy Mercieca from Mulligan Property Group for the Information Memorandum.

DISCLAIMER
We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy.
Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits.

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Property History for 32 Anzac Pde, Teralba, NSW 2284

A timeline of how this property has performed in the market
Last Sold
$1,725,000
15 Nov 2022
  • 15 Nov 2022
    Sold for $1,725,000
  • 22 Apr 2022
    Listed for Sale Contact Agent
  • 02 Jul 2001
    Sold for $260,000
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About Teralba 2284

The size of Teralba is approximately 14.2 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Teralba in 2011 was 1,558 people. By 2016 the population was 1,587 showing a population growth of 1.9% in the area during that time. The predominant age group in Teralba is 50-59 years. Households in Teralba are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Teralba work in a trades occupation. In 2011, 73.2% of the homes in Teralba were owner-occupied compared with 72.1% in 2016.

Teralba has 1,627 properties. Over the last 5 years, Houses in Teralba have seen a 79.10% increase in median value, while Units have seen a 62.47% increase. As at 31 October 2024:

  • The median value for Houses in Teralba is $899,963 while the median value for Units is $598,513.
  • Houses have a median rent of $720 while Units have a median rent of $443.
There are currently 13 properties listed for sale, and no properties listed for rent in Teralba on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in Teralba.

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