500 George St, South Windsor is a 12 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 1012m2 and floor size of 2m2. While the property is not currently for sale or for rent, it was last sold in March 2015.
Positioned in the heart of South Windsor directly opposite the local shopping village, 500 George Street presents an exceptionally rare commercial and residential opportunity to acquire a complete, 100% freehold Torrens Title block of six units on a substantial 1,012sqm parcel. Delivering an immediate gross return of $152,360 per annum across a fully occupied tenancy profile with zero body corporate overheads, this trophy holding perfectly balances dependable turnkey cash flow with distinct long-term growth channels.
Constructed in the 1980s with durable, full-brick architecture and a tiled roof, the complex comprises six spacious two-bedroom, one-bathroom apartments featuring light-filled open-plan living and dining spaces, well-proportioned kitchens, and dedicated internal laundries. The building features a versatile mix of completed interior modernizations alongside well-kept original spaces, opening immediate scope for value-add renovators to boost yields further through selective cosmetic updates. While rear laneway access provides six secure gated carports complemented by expansive front and rear lawn gardens with fruit trees and dedicated off-street maintenance parking.
Offering tremendous versatility, incoming owners can capitalize on strong passive yields, pursue a strategic strata-subdivision to sell off individual units over time, or explore the long-term mixed-use potential of its strategic zoning (STCA). With public transport directly at the doorstep and Windsor Train Station a short 750-meter stroll away, this premium asset delivers unmatched convenience, scale, and capital upside.
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The size of South Windsor is approximately 8.9 square kilometres. There are 18 parks, covering nearly 13.7% of the total area. The population of South Windsor in 2016 was 5892 people. By 2021 the population was 5948 showing a population growth of 1.0% in the area during that time. The predominant age group in South Windsor is 30-39 years. Households in South Windsor are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Windsor work in a trades occupation.In 2021, 53.70% of the homes in South Windsor were owner-occupied compared with 51.70% in 2016.
South Windsor has 3,216 properties. Over the last 5 years, Houses in South Windsor have seen a 34.53% increase in median value, while Units have seen a 42.95% increase. As at 31 July 2026:
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