2/113 Menzies St, Park Avenue is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 663m2.
Conveniently located, renovated interiors and a great rental return! Interested? Read on.Close to schools and shops this 2 x 2 bedroom duplex is perfect for the savvy investor. Unit one has had a complete interior renovation including new kitchen, bathroom, floor tiles and painting. Unit two has also had a makeover; however, still has the original but very functional kitchen.Returning $420 per week with long term leases and tenants.This will be a great, maintenance free, addition to your portfolio.
The size of Park Avenue is approximately 4.6 square kilometres. It has 6 parks covering nearly 12% of total area. The population of Park Avenue in 2011 was 5,366 people. By 2016 the population was 5,089 showing a population decline of 5.2% in the area during that time. The predominant age group in Park Avenue is 20-29 years. Households in Park Avenue are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Park Avenue work in a trades occupation. In 2011, 60.3% of the homes in Park Avenue were owner-occupied compared with 61.8% in 2016.
Park Avenue has 2,665 properties. Over the last 5 years, Houses in Park Avenue have seen a 104.70% increase in median value, while Units have seen a 62.65% increase. As at 31 October 2024:
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