Withheld
$338,186
Confidence
High
High
$2,200,000
Medium
$2,050,000
Low
$1,900,000
Confidence
Medium
"The property has no heritage or conservation requirements, it can be demolished and rebuilt at any time. The current permitted conditions are Height 9.5m, FSR Building Size 0.851. Situated in the heart of Camperdown, one of Sydneys most dynamic and soughtafter locales, benefit from high foot traffic and excellent exposure in this prime location. This property can be provided for living and doing business together, offering an exceptional opportunity for investors or business owners looking to establish themselves in a thriving community. This property spans 292 sqm, 3 toilets, 2 parking spaces, 2 street numbers, 2 street frontages, and offers versatile spaces for various purposes, including home occupations, retail, offices, business, and community uses. The property boasts a contemporary design, a sleek aesthetic, and a stylish backdrop for your business operations. Flexible layout options allow for customisation to suit your specific business needs. Enjoy convenient access to transportation links, including bus routes and nearby train stations, facilitating easy commuting. Multipurpose Home Occupations Amusement centres Boarding houses Building identification signs Business identification signs Centrebased childcare facilities Commercial premises Community facilities Entertainment facilities Function centres Hostels Hotel centres Oyster aquaculture Places of public worship Public administration buildings Recreation facilities indoor Respite day care centres Service station Shop top housing Tankbased aquaculture Veterinary hospitals etc. The highest level of convenience, being within walking distance to the Sydney CBD, The University of Technology Sydney, TAFE, Central Station, Broadway shopping centre, Darling Harbour, Chinatown, Light Rail stops, and a variety of renowned cafes and restaurants. Location Bus Stop just at the doorstep 750m to Newtown Train Station 150m to Camperdown Park 200m to ODea Reserve Park 300m to Royal Prince Alfred Hospital 450m to Petersham Juniors Rugby Club 450m to Australia Street Infants School 700m to The University of Sydney 800m to St Johns College 800m to Newtown North Public School 850m to Newtown High School of Performing Arts 7min drive to Boardway Shopping Centre 8min drive to The University of Technology Sydney Outgoing Approx. Council rate 1204 per quarter Water 184 per quarter If you are interested in viewing more properties, please visit our website da8.com.au Please contact Diana Wong on 0432 372 876 or Cherry Qiu on 0405 379 952 for more information"
-
51.4%
-
-
$30,000
-$46,840
3.1%
2.6%
-13.2%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$2,020,000
Stamp Duty
$94,155
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$202,000
Reg. Mortgage
$164
LMI Premium
$57,081
Renovation Costs
-
Total Cash/Equity Required
$355,596
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$1,144
$1,493
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$53,074
$76,077
Interest Repayments
$119,988
$119,988
Net Cashflow Before Tax
-$66,914
-$43,911
Depreciation
-
-
Tax Offset
-$20,074
-$13,173
Net Cashflow After Tax
-$46,840
-$30,738
Assumptions
Year 1
Year 10
Property Value
6.8%
$2,189,400
$3,957,914
Loan Balance
I.O
$1,818,000
$1,818,000
$371,400
$2,139,914
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2021 Population
Suburbs
Health Care and Social Assistance - 13.0%
Retail Trade - 11.0%
Accommodation and Food Services - 9.0%
Education and Training - 9.0%
Others - 58.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price