48 New Illawarra RoadBexley North NSW 2207
Property Details for 48 New Illawarra Rd, Bexley North
48 New Illawarra Rd, Bexley North is a 0 bedroom, 1 bathroom House. The property has a land size of 540m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (April 2021)
Prime investment opportunity. Two lock-up shops plus 3 separate residences. Residences consist of a 2 bedroom, 3 bedrooms and 4 bedroom town house style apartment with courtyard and side drive to large lockup garage.
The property offers plenty of potential for renovation and upgrading and increasing the return.
Features: Corner position with 3 street frontages. Ample footpath space in front of the shops gives good visual exposure. Can be an excellent home with income opportunity.
Gross annual return - $104,188.00 (currently all shops and apartments leased)
Outgoing: Council Rates - $3186.00pa, Water - $1175.00pa, Insurance - $4552.97pa
Land value - $764,000.00 (for assessment purposes)
Land Size - 585 sqm
Shop sizes - Shop 1 - 101.5sqm, Shop 2 - 89.3sqm
Unit sizes - Unit 1 - 94.1sqm, Unit 2 - 102.3sqm, Unit 3 - 203.1sqm
A rare investment opportunity not to be missed.
Property History for 48 New Illawarra Rd, Bexley North, NSW 2207
- 17 Apr 2021Sold for $2,510,000
- 23 Mar 2021Listed for Sale SOLD AT AUCTION
- 11 Dec 2020Sold
Recent sales nearby
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About Bexley North 2207
The size of Bexley North is approximately 1.3 square kilometres. There are 13 parks, covering nearly 10.9% of the total area. The population of Bexley North in 2016 was 4097 people. By 2021 the population was 4281 showing a population growth of 4.5% in the area during that time. The predominant age group in Bexley North is 40-49 years. Households in Bexley North are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bexley North work in a professional occupation.In 2021, 67.10% of the homes in Bexley North were owner-occupied compared with 68.40% in 2016.
Bexley North has 1,811 properties. Over the last 5 years, Houses in Bexley North have seen a 24.32% increase in median value, while Units have seen a 1.73% increase. As at 31 July 2026:
- The median value for Houses in Bexley North is $1,858,670 while the median value for Units is $792,535.
- Houses have a median rent of $1,000 while Units have a median rent of $700.
Suburb Insights for Bexley North 2207
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