148a Collins St, Piccadilly is a 4 bedroom, 2 bathroom Townhouse with 2 parking spaces. The property has a land size of 204m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom Townhouse sold in Piccadilly in the last 12 months.
This modern townhouse built in 2012 is the perfect investment to add to your portfolio. Rented at $875/week, leased to corporate tenants with a 9.5% gross return. Currently on a periodic lease with negotiations on a 12-month renewal. This is a strong investment.
Features
4 bedrooms
Easy maintenance yard
Secure property fencing
Convenient location close to all amenities
Council Rates $2868.32
Water Rates $275.00 approx
Call Norm Sharp to make this investment yours.
The size of Piccadilly is approximately 1.5 square kilometres. It has 7 parks covering nearly 7.2% of total area. The population of Piccadilly in 2011 was 2,597 people. By 2016 the population was 2,250 showing a population decline of 13.4% in the area during that time. The predominant age group in Piccadilly is 30-39 years. Households in Piccadilly are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Piccadilly work in a trades occupation. In 2011, 56.2% of the homes in Piccadilly were owner-occupied compared with 53.9% in 2016.
Piccadilly has 1,217 properties. Over the last 5 years, Houses in Piccadilly have seen a 59.09% increase in median value, while Units have seen a 76.31% increase. As at 30 November 2024:
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