53 Chamberlain Rd, Newborough is a 3 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 1218m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
The property consists of:
One sound and solid 3 bedroom brick veneer home, definitely needs a freshen up and will be sold with vacant possession to allow an owner occupier or investor to do some much needed cosmetic work.
For an investor this property could potentially return $18,000 - For a home owner your mortgage could be paid for by the tenants in the units at the rear of the property.
Also
1/53 chamberlain returns @ $140pw = $7280
2/53 chamberlain returns @ $170pw = $8840 - Renter vacating 4th of October 2022.
Loads of opportunity for the astute investor.
There are a multitude of scenarios for this property, work out which suits your needs and go for it.
All this and more on a 1251m2 allotment
Contact Strzelecki Realty to find out more 5127 1333.
Property Code: 1475
The size of Newborough is approximately 19.5 square kilometres. It has 27 parks covering nearly 7.8% of total area. The population of Newborough in 2011 was 6,932 people. By 2016 the population was 6,757 showing a population decline of 2.5% in the area during that time. The predominant age group in Newborough is 50-59 years. Households in Newborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newborough work in a trades occupation. In 2011, 72.5% of the homes in Newborough were owner-occupied compared with 69.6% in 2016.
Newborough has 3,956 properties. Over the last 5 years, Houses in Newborough have seen a 68.16% increase in median value, while Units have seen a 64.20% increase. As at 30 September 2024:
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