38 Balmoral RoadMortdale NSW 2223
Property Details for 38 Balmoral Rd, Mortdale
38 Balmoral Rd, Mortdale is a 0 bedroom, 0 bathroom House with 1 parking spaces. The property has a land size of 225m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (December 2021)
CPG are pleased to present to market for sale via public auction number 38 Balmoral Road Mortdale, a corner positioned freehold shop and residence with quality brick construction and dual rental income for shop and residence.
Located in the pleasant and leafy Balmoral Road next to Edelweiss Childcare centre, a hairdressing salon and some charming residential properties whilst also only moments from Hurstville golf course and Mortdale Woolworths on Roberts Avenue (600m), 38 Balmoral is an ideal neighbourhood shop-top investment.
Shop is occupied by popular local caf 'St Kai' and the first floor is a three bedroom residential which has potential for rental upside.
Features include:
230m total land area
120m* ground floor shop Leased to caf
105m* three bedroom unit with amenities, kitchen and lounge room
3 street frontages including rear lane
Current annual rental of $53,243.06 pa
Rear courtyard and 1 car garage
Gas connection, grease trap and ventilation
This well presented investment opportunity will tick many boxes given the dual income, rental growth potential along with its corner location! Make your enquiry today to make 2021 a great investment decision like the current property owner whom has owned this asset for 20 years! Shop Tops such as this don't come up often!
For further information on this opportunity please contact Ryan McMahon 0429 228 460 or Hayden Bennett 0477 665 455.
Open for inspections:
Thursdays 4:30-5:00pm or by private appointment
Auction:
On-site, Thursday 9th December 2021 at 2:45pm
Property History for 38 Balmoral Rd, Mortdale, NSW 2223
- 09 Dec 2021Sold for $1,605,000
- 11 Nov 2021Listed for Sale Auction: 9th December 2021
- 13 Aug 2018Listed for Rent $28,600 / year
Recent sales nearby
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About Mortdale 2223
The size of Mortdale is approximately 2.9 square kilometres. There are 17 parks, covering nearly 22.5% of the total area. The population of Mortdale in 2016 was 10419 people. By 2021 the population was 10745 showing a population growth of 3.1% in the area during that time. The predominant age group in Mortdale is 30-39 years. Households in Mortdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mortdale work in a professional occupation.In 2021, 61.10% of the homes in Mortdale were owner-occupied compared with 62.40% in 2016.
Mortdale has 5,548 properties. Over the last 5 years, Houses in Mortdale have seen a 7.70% increase in median value, while Units have seen a 21.19% increase. As at 31 August 2026:
- The median value for Houses in Mortdale is $1,700,483 while the median value for Units is $805,260.
- Houses have a median rent of $900 while Units have a median rent of $650.
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