2/2a-B Azilemot Ave, Herne Hill is a 4 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2015. The property has a land size of 300m2 and floor size of 143m2.
Offering an excellent rental return in excess of 5%, great potential depreciation benefits, and in a suburb that has shown promising growth, these practically brand new four-bedroom residences are every investors dream! Thoughtful modern design creates a poised and practical environment, with sunny rooms and floating floorboards combining elegantly. Bright downstairs lounge rooms overlooking and accessing low maintenance rear gardens complement the large family, dining and kitchen spaces upstairs which open onto balconies with leafy green aspects and bay glimpses. Stainless steel appliances, sleek stone surfaces and abundant cabinets grace the kitchens, which are equipped to please discerning cooks. The master bedrooms, with robe and tiled ensuite, are tucked away upstairs separate from three further bedrooms with robes downstairs. A second tiled bathroom, powder room and European laundry continue the high standards throughout. Ducted heating and S/S cooling, automatic garage and driveway parking are further assets, as is the winning locale; moments to the Ring Road, schools and public transport, plus shopping and dining options in vibrant Pakington Street. With both properties currently tenanted on a short term and fixed term lease returning $480/week respectively, plus only minutes to the proposed Fyansford Shopping Centre, these premium townhouses would suit savvy investors as well as owner occupiers alike.
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The size of Herne Hill is approximately 1.5 square kilometres. It has 5 parks covering nearly 13.2% of total area. The population of Herne Hill in 2011 was 3,322 people. By 2016 the population was 3,390 showing a population growth of 2.0% in the area during that time. The predominant age group in Herne Hill is 20-29 years. Households in Herne Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Herne Hill work in a professional occupation. In 2011, 64.3% of the homes in Herne Hill were owner-occupied compared with 59.1% in 2016.
Herne Hill has 2,127 properties. Over the last 5 years, Houses in Herne Hill have seen a 33.88% increase in median value, while Units have seen a 18.82% increase. As at 31 October 2024:
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