5-9 Elizabeth StreetAllawah NSW 2218
Property Details for 5-9 Elizabeth St, Allawah
5-9 Elizabeth St, Allawah is a 2 bedroom, 15 bathroom House with 15 parking spaces and was built in 1982. The property has a land size of 1512m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 2 bedroom House sold in Allawah in the last 12 months.
Last Listing description (November 2024)
Expressions of Interest closing midday Wednesday 11th September 2024
Set within Allawah's thriving retail precinct, mere footsteps to Allawah train station, The Elizabeth is an entire apartment block offering. This double brick and fully leased investment opportunity with unrivalled instant and long term upside, is a proposition rarely offered to the market.
The Elizabeth is made up of 15 well-proportioned 2 bedroom units all with lockup garages. The property sits on a substantial 1,505sqm sized parcel of land with a wide 36 meter frontage (approx.).
The Opportunities are Endless! A fully leased investment with unlimited investment uplift, The Elizabeth is the perfect Sydney investment.
Keep in its present form and increase rents to market value
Increase the asset value instantly through cosmetic renovations creating additional increased returns
Simply collect the rental return until you are ready to rebuild as the GFA allows for circa 32 x 2 bed units
Convert to Strata title and sell off individually (subject to council approval)
Situated within the rail corridor, the attributes of this site have significant potential for future rezoning
Site Size: 1505sqm(approx.), 36 meters wide (approx.), Existing R4 zoning with FSR of 2:1
Entire block sold in one line (not strata titled)
Property History for 5-9 Elizabeth St, Allawah, NSW 2218
- 13 Apr 2026Sold for $1
- 26 May 2025Sold for $12,000,000
- 24 Sep 2024Transferred
Recent sales nearby
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0About Allawah 2218
The size of Allawah is approximately 0.6 square kilometres. There are 6 parks, covering nearly 2.1% of the total area. The population of Allawah in 2016 was 5706 people. By 2021 the population was 5351 showing a population decline of 6.2% in the area during that time. The predominant age group in Allawah is 20-29 years. Households in Allawah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Allawah work in a professional occupation.In 2021, 51.00% of the homes in Allawah were owner-occupied compared with 51.40% in 2016.
Allawah has 2,616 properties. Over the last 5 years, Houses in Allawah have seen a 20.40% increase in median value, while Units have seen a 21.25% increase. As at 31 July 2026:
- The median value for Houses in Allawah is $1,744,661 while the median value for Units is $818,808.
- Houses have a median rent of $948 while Units have a median rent of $680.
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