127 Ramsay St, Centenary Heights is a 6 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1962. The property has a land size of 1520m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in July 2019.
Amazing Duplex Opportunity on 1520m2 on one title. Two 3 bedroom units (chamfer on brick construction) with a gentle slope to the 28m street frontage & with 55m depth. This property provides the almost perfect site for solid holding income and potential future re-development in an excellent location.
Featuring:
UNIT 2:
- Newly renovated and stylish kitchen
- Renovated bathroom
- Original laundry with separate toilet
- Freshly painted throughout
- Quality new carpet and curtains to lounge and all bedrooms
- Lounge room with sliding door to large front patio
- Electrical rewiring and new light fittings throughout
- Three good sized bedrooms
- Good sized yard with carport and small garden shed
- Currently renting for $295/week
With current rental of $570/week (over 6% gross return) this property is a 'much better than the average' investment for your portfolio. All up land size is 1520m2 - the whole package is on one Title. The site may be redeveloped (subject to Council approval) & would provide excellent appeal due to the location and aspect. Or, it can be held as is, with solid rental income, "JUST" poised for future growth. It's decision time!
The size of Centenary Heights is approximately 3.1 square kilometres. It has 14 parks covering nearly 8.5% of total area. The population of Centenary Heights in 2016 was 6063 people. By 2021 the population was 6152 showing a population growth of 1.5% in the area during that time. The predominant age group in Centenary Heights is 20-29 years. Households in Centenary Heights are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Centenary Heights work in a professional occupation.In 2021, 60.90% of the homes in Centenary Heights were owner-occupied compared with 62.40% in 2016.
Centenary Heights has 3,095 properties. Over the last 5 years, Houses in Centenary Heights have seen a 120.88% increase in median value, while Units have seen a 121.07% increase. As at 31 January 2026:
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