203 Victoria Road
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About this property
Rare opportunity for investors to secure an entire block of 8 x two-bedroom apartments, perfectly positioned in a quiet street just moments from major amenities. Why This Property Stands Out: 8 x Two-Bedroom Apartments Sold in One Line A rare chance to secure a whole buildingperfect for portfolio expansion or long-term land banking. 7 units tenanted, generating just under $190,000 per annum. Full Brick Construction Low maintenance durability, ideal for investors seeking stability and longevity. All Units with Parking & Private Balconies Highly desirable features that maximise rental appeal. Four Apartments Already Updated Move straight into a strong rental return with upside still available. Value Add Potential Opportunity to renovate remaining units, increase returns, or explore strata subdivision (STCA). Expansive 1,050sqm (approx.) Landholding A significant parcel offering future flexibility and growth options. This is the type of blue-chip investment that rarely becomes available. Secure it today and capitalise on multiple avenues for long-term growth.
Property Details
- Property Type
- land
- Listing Type
- Sold
- Bedrooms
- 16
- Bathrooms
- 8
- Parking
- 8
- Land Area
- 1050 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Punchbowl
This 16-bedroom land in Punchbowl, NSW 2196 sits within reach of public transport, local shops and nearby schools. It is listed 394% above the $790,000 median of 61 comparable landswithin 5 km.
Schools near Punchbowl
- St Charbel's Collegecombined · K-12 · CoEd
- Punchbowl Public Schoolprimary · P-6 · CoEd
- St Jerome's Catholic Primary Schoolprimary · K-6 · CoEd
- Punchbowl Boys High Schoolsecondary · 7-12 · Boys
- Wiley Park Girls High Schoolsecondary · 7-12 · Girls
What's nearby
- Rose St at Linden Av (bus) — 1.2 km away
- Tent World — 1.2 km away
- George Cayley Reserve — 372 m away
- Stell Reserve — 509 m away
- Unnamed — 593 m away
Punchbowl at a glance
Full suburb profile- Population
- 3
- Median age
- 46
- Household income
- $2,999/wk
- Median mortgage
- $1,257/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Punchbowl price trend
Median sold · House 3 bed
Compound growth +7.0% / yr over 4 yrs
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