1/51 Heaslip St, Coniston is a 9 bedroom, 8 bathroom Unit with 8 parking spaces and was built in 1970. The property has a land size of 625m2.
This is an exceptional chance to secure two entire unit blocks on separate titles in a sought-after Coniston location. Offering strong rental income, no strata fees, and DA-approved plans for 4 large, modern townhouses, this property is perfect for investors or developers.
Key Features:
- Two separate titles full ownership and control
Breakdown of Complex:
51 Heaslip Street:
4 x 1 Bedroom Units with garages and shared laundry facilities
Water Rates: $950/Quarter Approx.
Council Rates: $951.62/Quarter
1 Pine Crescent:
3 x 1 Bedroom Units
1 x 2 Bedroom Units
All with garage and shared laundry facilities
Water Rates: $950/Quarter Approx.
Council Rates: 979.06/Quarter
Total Current Weekly Income $2,670
Annual Income: Approx $138,840 (Plus annual rent increases)
This is a rare opportunity to secure a high performing investment with future development potential. Contact Emma Luchetti or Anton Summerfield to arrange and inspection.
The size of Coniston is approximately 1.1 square kilometres. It has 8 parks covering nearly 4.9% of total area. The population of Coniston in 2016 was 2268 people. By 2021 the population was 2267 showing a population decline of 0.0% in the area during that time. The predominant age group in Coniston is 20-29 years. Households in Coniston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coniston work in a professional occupation.In 2021, 56.50% of the homes in Coniston were owner-occupied compared with 56.80% in 2016.
Coniston has 1,281 properties. Over the last 5 years, Houses in Coniston have seen a 52.01% increase in median value, while Units have seen a 37.08% increase. As at 30 November 2025:
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