OFF MARKET

402A/10 Reede Street
Turrella NSW 2205

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 85m2
Land area: 201m2
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Last updated 30 Sep 2024
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Property Details for 402a/10 Reede St, Turrella

402a/10 Reede St, Turrella is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 201m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in December 2012.

Building Type
House
Year Built
2014
Floor Size
85m2
Land Size
201m2
Local Government
Bayside
Lot/Plan
253/SP90613

Last Listing description (July 2024)

This is a great opportunity for investors who can rent out both residences for a dual income stream with very high rental return. One property, two great rental opportunities!

This rarely offered dual key residence boasts a two-bedrooms apartment and one-bedroom apartment, secured basement two car spaces and storage room. It presents an outstanding opportunity for investors seeking dual rental income, a young family with in-law accommodation, or first home buyers living in one and renting out the other.

You will enjoy the landscaped garden and resort style facilities such as an indoor swimming pool, spa, sauna, gym, BBQ area, on-site building manager and surveillance CCTV system.

2-Bedroom Apartment Features:
- Two bedrooms with built in wardrobes, and two sparkling tiled bathrooms.
- Stylish kitchen with breakfast bench top, stainless steel appliances and gas cooktop
- Internal laundry room
- Split air conditioning system
- Secured two car spaces and storage cage
-Currently rental income $780/week

1-Bedroom Apartment Features:
- Bedroom with built-in wardrobe
- Fully-tiled bathroom
- Access to own undercover balcony
- Internal laundry including dryer
- Kitchen: gas stove facility and dishwasher
-Currently rental income $550/week

Locations:
-290m to Turrella train station;

-2 min by train (1x stop) to Wolli Creek station with amenities around, cafes and restaurants etc;
-4 min by train to International Airport;
-6 min by train to Domestic Airport;
-17 min by train to Central.

For more information and to organise an inspection please contact Mia on 0413 934 917

Property History for 402a/10 Reede St, Turrella, NSW 2205

A timeline of how this property has performed in the market
Last Sold
$690,000
14 Dec 2012
Listed for Rent
$380/w
13 Jan 2021
  • 08 Jul 2024
    Listed for Sale Just Listed!!
  • 26 Feb 2024
    Sold
  • 25 Jul 2022
    Sold
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About Turrella 2205

The size of Turrella is approximately 0.6 square kilometres. It has 7 parks covering nearly 6.8% of total area. The population of Turrella in 2011 was 1,599 people. By 2016 the population was 2,527 showing a population growth of 58.0% in the area during that time. The predominant age group in Turrella is 20-29 years. Households in Turrella are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Turrella work in a professional occupation. In 2011, 79.4% of the homes in Turrella were owner-occupied compared with 53.2% in 2016.

Turrella has 1,165 properties. Over the last 5 years, Houses in Turrella have seen a 65.80% increase in median value, while Units have seen a 15.60% increase. As at 30 September 2024:

  • The median value for Houses in Turrella is $1,724,274 while the median value for Units is $812,465.
  • Houses have a median rent of $800 while Units have a median rent of $780.
There are currently 6 properties listed for sale, and 4 properties listed for rent in Turrella on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Turrella.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.