1 Almond Ave, Brooklyn is a 3 bedroom, 2 bathroom House with 15 parking spaces and was built in 1960. The property has a land size of 815m2 and floor size of 172m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
An incredible opportunity for the shrewd investor or astute developer to acquire this exceptional 'double edge sword' property, with current day rental gains and an eye to future development (STCA) - all on one title. With some recent modern renovations and a brand new concrete driveway, combine that with a strong rental market, you can expect around $100,000 in rental income per year. The other edge of the sword takes us into the future, with dimensions that invite so many ideas. Explore the possibility of multi-level, multi apartment (STCA) style development and absolutely maximise the potential of this City-edge position.
Existing property comprises of 4 x 2 bedrooms and 1 x 1 bedroom units with off-street parking and some updated internal features to make modern day living a reality.
For more information or to request an inspection, please contact Tassie El-Hassan on 0425847731 or Karl El-Hassan on 0401191613
The size of Brooklyn is approximately 5.5 square kilometres. It has 5 parks covering nearly 2.7% of total area. The population of Brooklyn in 2011 was 1,639 people. By 2016 the population was 1,863 showing a population growth of 13.7% in the area during that time. The predominant age group in Brooklyn is 30-39 years. Households in Brooklyn are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brooklyn work in a professional occupation. In 2011, 59.2% of the homes in Brooklyn were owner-occupied compared with 55.9% in 2016.
Brooklyn has 1,879 properties. Over the last 5 years, Houses in Brooklyn have seen a 14.32% increase in median value, while Units have seen a 15.76% increase. As at 31 July 2024:
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