65/65a Alexandria Pde, Waitara is a 6 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 1021m2.
Cass Property is excited to offer this outstanding opportunity to secure two homes in one line. Zoned R4, it comes with built-in future potential for residential strata apartments or an affordable housing development (STCA)
The front property is a three-bedroom Californian bungalow. Expected rental return: $600 per week
The residence at the rear is a three-bedroom family home with two living areas. Built in 1994. Expected rental return: $750 per week
Only seconds from Waitara train station, approx 1 km to Westfield, Hornsby Girls High School and Hornsby Hospital. Also a short distance from a number of elite private schools.
Key highlights of the opportunity available are as follows:
• Total 1,021 sqm* site area
• Zoned R4 High-Density Residential*
• 17.5 meter building height limit, which may equate to 5-6 story of apartments*
• Ongoing income potential, with two detached houses to be sold in one line
* Purchasers must rely on their own research.
The size of Waitara is approximately 0.7 square kilometres. It has 6 parks covering nearly 7% of total area. The population of Waitara in 2011 was 5,370 people. By 2016 the population was 5,946 showing a population growth of 10.7% in the area during that time. The predominant age group in Waitara is 30-39 years. Households in Waitara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waitara work in a professional occupation. In 2011, 49.8% of the homes in Waitara were owner-occupied compared with 49.3% in 2016.
Waitara has 3,978 properties. Over the last 5 years, Houses in Waitara have seen a 55.42% increase in median value, while Units have seen a 11.86% increase. As at 31 August 2024:
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