43/32 Delhi RoadMacquarie Park NSW 2113
Property Details for 43/32 Delhi Rd, Macquarie Park
Last Listing description (September 2016)
Located in the Northern Suburbs of Sydney, this one bedroom apartment offers investors an entry level investment opportunity to secure property with high yields and low outgoings. (Investors only, not available for owner occupiers)
Located just a few minutes from the Macquarie Park & North Ryde business precincts and only 12 kilometers from Sydney's CBD, this one bedroom apartment boasts a spacious 54 m2 floor area.
Containing a fully equipped kitchen, bathroom, separate bedroom and split system heating/ cooling, all set overlooking a natural bush setting adjacent to Lane Cove National Park.
Current Rent: $27,824 pa $535 pw
Next Rent Increase: 3.25% on 1st September 2017
Current Return: 6.95 % Gross
Increasing return: 7.18% in 2017
Lease Terms: Lease to 31/08/2018 plus 4 x 5 Year options
Rent Increases: 3.25% yearly with market rent reviews every 5 years (next due September 2018)
Council Rates: Paid by tenant
Water Rates: Paid by tenant
Body Corporate Administration fee: Paid by tenant
Body Corporate Sinking fund : $1295.00 per qtr. For this financial year to raise funds for external work and repainting of the building, plus work on the lifts.
Normally sinking fund levies are approximately $1700.00 per annum.
PLEASE NOTE PROPERTY IS UNDER LONG TERM COMMERCIAL LEASE AND SUITABLE FOR INVESTORS ONLY
Property History for 43/32 Delhi Rd, Macquarie Park, NSW 2113
- 30 Oct 2020Sold for $1,500,000
- 20 Oct 2017Sold for $900,000
- 15 Sep 2016Listed for Sale Not Disclosed
Recent sales nearby
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0About Macquarie Park 2113
The size of Macquarie Park is approximately 6.8 square kilometres. There are 27 parks, covering nearly 36.8% of the total area. The population of Macquarie Park in 2016 was 8144 people. By 2021 the population was 11071 showing a population growth of 35.9% in the area during that time. The predominant age group in Macquarie Park is 30-39 years. Households in Macquarie Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Macquarie Park work in a professional occupation.In 2021, 30.90% of the homes in Macquarie Park were owner-occupied compared with 29.70% in 2016.
Macquarie Park has 10,564 properties. Over the last 5 years, Houses in Macquarie Park have seen a -11.86% decrease in median value, while Units have seen a 2.58% increase. As at 30 June 2026:
- The median value for Houses in Macquarie Park is $1,726,075 while the median value for Units is $848,169.
- Units have a median rent of $760.
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