Rare opportunity to acquire a full 8-unit block in Belmore with strong rental income and excellent value-add potential. Perfect for investors or developers looking to capitalise on Sydney’s housing demand. This is a chance for savvy investors to grow their portfolio.
Property Highlights:
Site area: 942 sqm approx. (15.24m X 62.18m)
Unit mix: 6 × 2-bedroom, 1-bath
2 × 3-bedroom, (1 × 1 -bath and 1 × 2-bath)
Well-configured 8-unit block
Current gross income: $262,340 p.a. approx.
Two-level walk-up, solid double brick construction
Renovated and updated interiors
Zoned R3 – Medium Density Residential
Ample on-site parking
Excellent transport links
Conveniently located: 1 km to Belmore Train Station
2.2 km to Campsie Centre
5 km to Burwood Westfield
Opportunities:
Increase rental income to market rates
Refurbishment potential to boost returns
Future strata subdivision (STCA)
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| R&H Suburb Summary | Houses |
|---|---|
| Number of sales | 85 |
| Average Price | $1,798,008 |
| Median Price | $1,700,000 |
| Median Rental Price | $760 p.w. |
| Change in Rental Rate (5yr) | 38 % |
| R&H Suburb Summary | Units |
|---|---|
| Number of sales | 140 |
| Average Price | $667,161 |
| Median Price | $617,500 |
| Median Rental Price | $580 p.w. |
| Change in Rental Rate (5yr) | 57 % |
14 Yangoora Road, Belmore,
New South Wales, 2192