1 Bourke StreetAdamstown NSW 2289
Property Details for 1 Bourke St, Adamstown
1 Bourke St, Adamstown is a 20 bedroom, 10 bathroom Unit with 21 parking spaces and was built in 1930. The property has a land size of 342m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in August 2003.
Last Listing description (June 2025)
A rare and unique opportunity to secure 10 x 2 bedroom Council approved units located in an R3 Residential Zone and within the new NSW "Transport Oriented Development" zone. A fantastic long-term Superannuation, refurbish and Strata Title STCA, or redevelop opportunity. These units were built in 1979 by "Tuscan Building" well know builders of that time and have been retained and well cared for by the one family from the time of construction till present day with numerous refurbishments over that time.Construction is "Class 2" offering slabs, support pillars and lintels all in concrete with infill exterior veneer brick and interior brick and rendered walls.The building is positioned on a 1214sqm* block offering the following -GROUND LEVEL FLOOR SPACE - 360sqm* Encompassing a care takers Toilet, electricity meter room, storage room and visitor car park with 10 tandem carparks (20 car spaces accommodating 2 medium size vehicles for each unit).FIRST LEVEL FLOOR SPACE- 363sqm* 5 x 2 bedroom units with 1 bathroom and balcony.Units floor space inclusive of balcony varies from 65sqm* - 80sqm*.SECOND LEVEL FLOOR SPACE - 363sqm* 5 x 2 bedroom units with 1 bathroom and balcony.Units floor space inclusive of balcony varies from 65sqm* - 80sqm*.* Denotes - All sizes Approximate"ORIGINAL CONSTRUCTION PLANS AVAILABLE ON REQUEST".PEST/BUILDING REPORTS AVALIBLETOTAL GROSS INCOME - $4,250.00 P/W X 52 - $221,000 P/AOUTGOINGSCouncil Rates - $3,661.74*Waste/Rubbish - $6,714.17*Water Rates/Usage - $11,982.36*Insurance - $4,180.00*Management Fees - Apple Property 6.6% - $14,586.00*TOTAL OUTGOINGS -$41,124.27 P/A*NET INCOME - $179,975.73*Approximate*
Property History for 1 Bourke St, Adamstown, NSW 2289
- 22 Apr 2025Listed for Sale $4,250,000
- 02 Sep 2020Sold
- 13 Nov 2018Listed for Rent $550 / week
Recent sales nearby
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About Adamstown 2289
The size of Adamstown is approximately 3.0 square kilometres. It has 8 parks covering nearly 31.2% of total area. The population of Adamstown in 2016 was 6044 people. By 2021 the population was 6335 showing a population growth of 4.8% in the area during that time. The predominant age group in Adamstown is 20-29 years. Households in Adamstown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adamstown work in a professional occupation.In 2021, 58.00% of the homes in Adamstown were owner-occupied compared with 57.70% in 2016.
Adamstown has 3,594 properties. Over the last 5 years, Houses in Adamstown have seen a 54.97% increase in median value, while Units have seen a 45.59% increase. As at 31 March 2026:
- The median value for Houses in Adamstown is $1,283,444 while the median value for Units is $805,745.
- Houses have a median rent of $750 while Units have a median rent of $650.
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