162 Alma RoadPadstow NSW 2211
Property Details for 162 Alma Rd, Padstow
Last Listing description (July 2024)
The Auction will be taking place online VIA AuctionNow. To register please click the below link. https://auctionnow.com.au/properties/71832Occupying a premier position on a main road location with excellent street exposure. This combined residential/commercial property presents a rare investment opportunity. With an approximate rental return of $38,479.42 per annum, the property consists of an established lower level business and a four bedroom apartment. With rear lane access, two street frontages and high vehicle and pedestrian visibility, this rare find is one for the as investor or to add to the portfolio.- Established massage business leased until 03/02/2023- The residence is currently tenanted until 21/01/2022- Business leased at $18,303.96 P/A (including GST)- Residence leased at $21,840.00 P/A, rear access parking- Residence has 4 bedrooms, 2.5 bathrooms, LX kitchen- Timber floors, skylight, high ceilings and air conditioning- A 5 minute drive to Padstow station and amenities
Property History for 162 Alma Rd, Padstow, NSW 2211
- 19 Jan 2022Listed for Rent $420 / week
- 19 Nov 2021Sold
- 28 Oct 2021Listed for Sale Sold
Recent sales nearby
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0About Padstow 2211
The size of Padstow is approximately 5.5 square kilometres. It has 20 parks covering nearly 10.9% of total area. The population of Padstow in 2016 was 13306 people. By 2021 the population was 14017 showing a population growth of 5.3% in the area during that time. The predominant age group in Padstow is 30-39 years. Households in Padstow are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Padstow work in a professional occupation.In 2021, 64.80% of the homes in Padstow were owner-occupied compared with 67.20% in 2016.
Padstow has 6,441 properties. Over the last 5 years, Houses in Padstow have seen a 52.03% increase in median value, while Units have seen a 36.36% increase. As at 30 April 2026:
- The median value for Houses in Padstow is $1,632,036 while the median value for Units is $1,021,923.
- Houses have a median rent of $850 while Units have a median rent of $670.
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