15 Omar St, Maidstone is a 16 bedroom, 8 bathroom Unit with 8 parking spaces. The property has a land size of 580m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in June 1988.
Always wanted to own your own block of apartments?
Here is your opportunity to secure one of the last remaining single ownership blocks in the area.
Revel in your chance to secure this investment with huge potential.
The Property:
- Block of eight flats, all on one title
- Four two-bedroom flats, four one-bedroom flats (all currently tenanted)
- Land of approximately 580m2
- Quickly becoming considered as an "inner-city" location
- Close to amenities such as Highpoint Shopping Centre, bus/tram stops, Medway Golf - Club, schools and Central West Shopping Centre
The Opportunity:
- Potential to subdivide and sell as individual properties
- Potential for renovations and improvements for a higher return
- Safe investment with a current rental return of $98,016.00 per annum
- Potential rental return of $111,360.00+ per annum
The size of Maidstone is approximately 3.2 square kilometres. It has 14 parks covering nearly 18.7% of total area. The population of Maidstone in 2016 was 9032 people. By 2021 the population was 9389 showing a population growth of 4.0% in the area during that time. The predominant age group in Maidstone is 30-39 years. Households in Maidstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maidstone work in a professional occupation.In 2021, 54.40% of the homes in Maidstone were owner-occupied compared with 52.30% in 2016.
Maidstone has 5,231 properties. Over the last 5 years, Houses in Maidstone have seen a 6.26% increase in median value, while Units have seen a 8.06% increase. As at 31 March 2026:
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