25/157 Brighton AvenueToronto NSW 2283
Property Details for 25/157 Brighton Ave, Toronto
25/157 Brighton Ave, Toronto is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 2521m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in October 2012.
Last Listing description (July 2024)
Nestled within 'The Brighton Toronto' complex, this exceptional two-bedroom apartment redefines the art of investment. Functioning as short-term accommodation, it brilliantly caters to the burgeoning visitor economy of Lake Macquarie.
This investment gem offers a dual-key apartment featuring an interconnected hotel room and a one-bedroom unit, complete with a convenient laundry and two private balconies. The two components can be leased individually or combined into a two-bedroom interconnecting suite, ensuring a consistently high return on investment for discerning owners.
'The Brighton Toronto' complex seamlessly operates like a hotel, with an onsite management rights company that takes care of every facet, from guest bookings to maintenance. This turnkey approach transforms it into an investment that you can set and forget, allowing you to relish its brilliance without the hassle.
Toronto, the largest town on the western shores of Lake Macquarie, is a picturesque waterside haven beckoning with opportunities for aquatic adventures, delectable seafood dining, and breathtaking natural marvels. This charming locale is near the Watagans National Park, the bustling city of Newcastle, and the renowned Hunter Valley wine region. It serves as an exceptional base for exploring the diverse wonders of the Lake Macquarie region.
Lake Macquarie currently hosts a staggering 2.2 million visitors each year, and its ambitious 2022-2026 Destination Management Plan seeks to evolve the region into a modern, vibrant, and exhilarating tourism hub. The goal is to attract a minimum of 800,000 overnight visitors annually by 2032, alongside 1.7 million day-trippers to its beautiful beaches, pristine lake, and beyond.
- First floor 2-bedroom residence with dual keys to function as two interconnecting rooms
- 2022/23 Gross Rental Income: $85,526.34, 2022/23 Net Rental Income: $43,135.92
- The complex is positioned directly across from the Toronto lake foreshore
- Fassifern Train Station 8 mins, Newcastle - 35mins, Hunter Valley 45 mins, Newcastle Airport 50 mins, Sydney - 80 mins
Avery Property Professionals are proud to present this home to the market. Please contact Craig Avery or Charlotte Nelmes today to secure your inspection.
Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
Property History for 25/157 Brighton Ave, Toronto, NSW 2283
- 29 Nov 2023Listed for Sale Price Guide $650,000
- 17 Oct 2012Sold for $285,000
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About Toronto 2283
The size of Toronto is approximately 9.3 square kilometres. It has 21 parks covering nearly 10.8% of total area. The population of Toronto in 2011 was 5,432 people. By 2016 the population was 5,630 showing a population growth of 3.6% in the area during that time. The predominant age group in Toronto is 60-69 years. Households in Toronto are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Toronto work in a professional occupation. In 2011, 58.1% of the homes in Toronto were owner-occupied compared with 59.7% in 2016.
Toronto has 3,596 properties. Over the last 5 years, Houses in Toronto have seen a 70.52% increase in median value, while Units have seen a 44.14% increase. As at 31 August 2024:
- The median value for Houses in Toronto is $711,832 while the median value for Units is $615,408.
- Houses have a median rent of $550 while Units have a median rent of $500.
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