83 High St, Rochester is a 2 bedroom, 1 bathroom Unit with 4 parking spaces and was built in 1970. The property has a land size of 924m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in February 2017.
Clean, tidy, low maintenance block of units in the growing east side of Rochester offering investors excellent return on Investment.
4 units situated on approx 933 square meters, with current gross annual return of $31,200*.
Each unit has reverse cycle aircon/heating, 2BR each with BIR, open plan Kitchen/dining/living area, Spacious bathroom, and Private back yard. Units are very neat and tidy overall, with a modern feel. Each unit has its own bay in the undercover car port.
Call Luke Ryan to arrange an inspection today.
* At 100% occupancy rate.
The size of Rochester is approximately 86.4 square kilometres. It has 9 parks covering nearly 4.3% of total area. The population of Rochester in 2011 was 3,135 people. By 2016 the population was 3,100 showing a population decline of 1.1% in the area during that time. The predominant age group in Rochester is 50-59 years. Households in Rochester are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rochester work in a managers occupation. In 2011, 77.5% of the homes in Rochester were owner-occupied compared with 76.3% in 2016.
Rochester has 1,875 properties. Over the last 5 years, Houses in Rochester have seen a 45.79% increase in median value, while Units have seen a 55.60% increase. As at 31 October 2024:
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