5/208 Fisher St, Cloverdale is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 103m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Secure this modern 2015 build unit today to take advantage of the prime front position with sweeping views towards the north east. You have a private balcony, a healthy floorspace inside, unobstructed views to the surrounds, and a dedicated car space within a secure complex of units. For investors - this unit seems as close as you can get to a 'buy and forget' easy investment with a market rent of $480 resulting in a gross annual rental yield of almost 7% !
Welcome to this stylish and well presented two-bedroom, two-bathroom unit, built in 2015 and well looked after since. This home shines with a total lot size of 103 square metres, and an approximate floorspace of 85 square metres (including balcony). Filled with lovely features including timber flooring, a well designed kitchen with stone benchtops and built in electric oven, dishwasher, open plan living, split cycle air conditioning unit, built in robes and a good sized balcony connected to both the master bedroom and the main living area, this property is an exciting catch. Currently tenanted on a periodic basis at $430 per week, this home is ideal for an investor seeking rent income from day one, or a patient owner occupier. Don't miss out!
Property Highlights include:
Investor Summary:
- This house is currently tenanted on a periodic basis at $430 per week
- Market rent for 5/208 Fisher Street is approximately $480 per week.
- Using a purchase price of $359,000 results in a gross annual rental yield of 6.97%.
- HouseSmart is highly active in Cloverdale and the surrounding areas, and can provide Property Management Services throughout the course of the sale and beyond.
Drive up to the property and park within your dedicated undercover car bar. Walk inside your new property and admire the open-plan living design and timber flooring. The front door opens up into the main kitchen space, which flows into the living and dining space. A glass sliding door opens this space up to the balcony. The flooring throughout this entire area is timber-style and very attractive, complementing the stone benchtop choices and warm ceiling lighting.
The kitchen is built around luxurious stone benchtops arranged in an L shaped pattern, maximising the amount of meal preparation space that you have. The oven is electric, with a dedicated rangehood and 600mm wide quad cooktop. There's plenty of cupboard space, a dishwasher, and a tile splashback to help make clean up easy. The sink faces the living room, with views all the way through the glass sliding door, adjacent window and balcony onto the street. The placement of windows here ensure the space is comfortably soaked in natural light. A split cycle air conditioning unit keeps feeling homely.
Both bedrooms are good sizes and feature well placed windows, ceiling fans, and carpet flooring. The secondary bedroom has a small walk in wardrobe, and an ensuite bathroom. The master bedroom is connected via sliding door to the balcony, ensuring it feels spacious and airy. The master bedroom also features a large double-mirror sliding door built in robe, and an ensuite bathroom.
The balcony is a highlight of the home, with dual access from the main living space and also the master bedroom, and views over towards the street. At the front of the home is a lockable storage room providing extra space for gear and equipment.
This property is located just a moments walk from the well regarded Belmont Forum Shopping Centre, making for very easy living. Nearby parks include Norlin Park, and Faulkner Park (with associated community facilities). Schools in the local area include Notre Dame Catholic Primary School, Cloverdale Primary School and Rivervale Primary School. Commuting is simple with public transport available on both Abernethy Road and Fulham Street. Tonkin Highway and Great Eastern Highway are both just a short trip away.
Don't miss out on this excellent home!
Strata Fees: $TBA
Water Rates: $1060 per year
Council Rates: Approximately $1500 per year
The size of Cloverdale is approximately 3.9 square kilometres. It has 14 parks covering nearly 12.7% of total area. The population of Cloverdale in 2011 was 7,272 people. By 2016 the population was 8,073 showing a population growth of 11.0% in the area during that time. The predominant age group in Cloverdale is 20-29 years. Households in Cloverdale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cloverdale work in a trades occupation. In 2011, 59.9% of the homes in Cloverdale were owner-occupied compared with 56.9% in 2016.
Cloverdale has 4,655 properties. Over the last 5 years, Houses in Cloverdale have seen a 73.82% increase in median value, while Units have seen a 60.25% increase. As at 31 August 2024:
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