58 Swan St, Gordon Park is a 5 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1965. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in March 1993.
Positioned on a flat 809m2 site, in an exceptional location directly parallel to the Kedron Brook in popular Gordon Park is this neat and tidy low set, single level post war unit block in very good condition. Providing a rock solid investment this rare opportunity would be perfect for an investor wishing to land bank a low maintenance property with a secure reliable return. With potential to further develop you can remove the existing dwelling and maximise on this key location just 400 metres to Kedron Brook bus station, by rebuilding units or townhouses, subject to council approval.
Consisting of 3 x 1 bedroom and 1 x 2 bedroom units, each with private courtyards and lock up garages, three of the four properties have secure leases in place till September and October, one is owner occupied.
The size of Gordon Park is approximately 1.2 square kilometres. It has 11 parks covering nearly 6% of total area. The population of Gordon Park in 2011 was 4,015 people. By 2016 the population was 4,233 showing a population growth of 5.4% in the area during that time. The predominant age group in Gordon Park is 30-39 years. Households in Gordon Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gordon Park work in a professional occupation. In 2011, 56.6% of the homes in Gordon Park were owner-occupied compared with 55.6% in 2016.
Gordon Park has 2,222 properties. Over the last 5 years, Houses in Gordon Park have seen a 73.22% increase in median value, while Units have seen a 76.44% increase. As at 30 November 2024:
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