49 Mount Sugarloaf DriveGlen Alpine NSW 2560
Property Details for 49 Mount Sugarloaf Dr, Glen Alpine
49 Mount Sugarloaf Dr, Glen Alpine is a 6 bedroom, 3 bathroom House with 3 parking spaces and was built in 1992. The property has a land size of 853m2 and floor size of 307m2. While the property is not currently for sale or for rent, it was last sold in October 2016.
Last Listing description (May 2018)
This is a rare and sought after investment opportunity. This enormous 8 bedroom, 5 bathroom home comprises a 6 bedroom home with 3 bathrooms plus 2 self-contained studios. This entire property is currently leased to the NSW Government until July 2017. The current lease holder has held this lease for over six years and is highly likely to re-new another three-year lease at the end of the current lease. The $976 per week rental return has a CPI index increase every 12 months built within it and the rent is due to increase very soon. The current lease holder also pays for the property to be professionally cleaned and maintained and pays for the gardens and lawns to be maintained. This property is being sold inclusive of all of the furniture as it is leased out as a furnished property.
- Incredible rental return for the savvy investor.
- The lease is utilised by South West Medical Services.
- Large block with triple garage and great views from the balcony and yard.
- The property has public transport right at its door step and in a great suburb.
- Rare investment opportunity that will not last.
Property History for 49 Mount Sugarloaf Dr, Glen Alpine, NSW 2560
- 26 Oct 2016Sold for $925,000
- 27 Jun 2016Listed for Sale $915,000
- 26 Apr 2016Listed for Sale $950,000-$990,000
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0About Glen Alpine 2560
The size of Glen Alpine is approximately 2.9 square kilometres. There are 10 parks, covering nearly 28.6% of the total area. The population of Glen Alpine in 2016 was 4559 people. By 2021 the population was 4429 showing a population decline of 2.8% in the area during that time. The predominant age group in Glen Alpine is 50-59 years. Households in Glen Alpine are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Glen Alpine work in a professional occupation.In 2021, 90.90% of the homes in Glen Alpine were owner-occupied compared with 91.70% in 2016.
Glen Alpine has 1,565 properties. Over the last 5 years, Houses in Glen Alpine have seen a 41.96% increase in median value, while Units have seen a 68.56% increase. As at 31 July 2026:
- The median value for Houses in Glen Alpine is $1,258,507 while the median value for Units is $730,997.
- Houses have a median rent of $850.
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