623 & 624/58-62 Delhi Road
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About this property
This dual-key apartment comprises a one-bedroom unit plus a studio, presenting a unique and highly sought-after investment opportunity. Situated in one of Australia's largest business precincts and managed by Oaks, it appeals to both business and holiday travelers seeking quality accommodation in a prime location. The property is currently contracted through Oaks and is due to expire within the next 7 years (2033). Once completed the unit is able to be occupied or rented as normal. This is a great opportunity to secure a great unit for well under market value compared to similar units within the area. Key Features: - Dual-Key Layout: Two separate apartments on a single title, offering flexibility and strong rental returns. - Potential 6% rental yield on purchase - Fully Furnished: Modern kitchens and bathrooms with quality furnishings. - Investment Only: Currently an ideal income-generating property with potential rent of approximately $3,000 per month. - Future Ownership Potential: Once the Oaks management agreement concludes in 7 years, the apartment will transition to full ownership, allowing the owner to use or manage the property as they wish. - Amenities: Secure parking, concierge, heated pool, spa, gym, and conference room. - Prime Location: Easy access to North Ryde Metro Station, bus routes, and local shops including Coles. Just minutes to Macquarie University, Macquarie Shopping Centre, and major motorways (M1 & M2). DISCLAIMER: While Wiseberry Bankstown Real Estate have taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Wiseberry Bankstown Real Estate urges prospective purchasers to make their own inquiries to verify the information contained herein.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 2
- Listed
- 3 months ago
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Neighbourhood
Living in Macquarie Park
This 2-bedroom apartment in Macquarie Park, NSW 2113 sits within reach of public transport, local shops and nearby schools. It is listed 37% below the $795,000 median of 74 comparable apartmentswithin 5 km.
Schools near Macquarie Park
- NextSense School - Sign Bilingual Programcombined · U · CoEd
- NextSense School - Spoken Language Programprimary · U · CoEd
- NextSense School - Blind Deafblind Programspecial · U · CoEd
What's nearby
- Macquarie University Station, Waterloo Rd, Stand A (bus) — 2.9 km away
- Coles — 2.8 km away
- Tuckwell Park — 2.0 km away
- Holt Park — 2.2 km away
- Fontenoy Park — 2.5 km away
Macquarie Park at a glance
Full suburb profile- Population
- 11,071
- Median age
- 31
- Household income
- $1,886/wk
- Median rent
- $460/wk
- Median mortgage
- $2,340/mo
Source: ABS Census.
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Suburb market
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Macquarie Park price trend
Median sold · Unit 2 bed
Compound growth -0.5% / yr over 4 yrs
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Full Macquarie Park marketThis listing
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Listing price changes
1 price change recorded for this property
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