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623 & 624/58-62 Delhi Road, Macquarie Park$500,000
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623 & 624/58-62 Delhi Road

Macquarie Park, NSW 2113, Australia
$480,000 – $520,000
2 bed 2 bath

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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

Repayment calculator

$2,424/month
$1,212 /fortnight
Loan $400,000 at 6.10% over 30 years

Upfront costs

Deposit$100,000
Stamp duty$14,412
Conveyancing (est.)$2,000
Total upfront$116,412
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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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
  • Coles2.8 km away
  • Tuckwell Park2.0 km away
  • Holt Park2.2 km away
  • Fontenoy Park2.5 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

Suburb price trend

Macquarie Park price trend

Median sold · Unit 2 bed

Compound growth -0.5% / yr over 4 yrs

$940kcurrent median

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