Median house price
$2.17M
1087 Burke Rd Hawthorn East
Property details
Advantageously situated in a coveted school and lifestyle precinct, this registered rooming house promotes both investment and development prosperity with its substantial 5-bedroom accommodation returning a high rental yield, while its rectangular 714sqm (approx.) allotment calls for obvious consideration as a multi-unit or new home development site (STCA). Presented in comfortable condition, the existing dwelling is introduced by a generous entrance foyer that draws you draws you through to the rear of the home where a shared kitchen with walk-in pantry and sunroom provides access out onto the deep backyard.
Configured to maximise rental returns, the lounge with open fireplace and separate dining room are currently being employed as bedrooms, with a further three bedrooms bring the rooming capacity up to a total of five (potentially earning a total rental amount of nearly $60,000 per annum, minus utilities and fees). Furthermore, the home offers a family bathroom, separate toilet, high ceilings, single carport, double car spaces plus additional parking along the lengthy driveway. Commanding complete convenience, opposite Canterbury Girls' College, within walking distance to Auburn Primary, Camberwell High, Camberwell Grammar, trams and trains, Camberwell shops, restaurants and parks.
Location
Sales history
- Sold
19 January 2022
$2,133,000
Sold on 19 January 2022 by 714 sqm.
- Sold
19 January 2022
$2,133,000
Sold on 19 January 2022 by Barry Plant
- Sold
16 May 1998
$280,000
Sold on 16 May 1998 by Jellis Craig & Co
Gallery
Nearby schools
Auburn South Primary School
Primary · Government
419 Tooronga Road, Hawthorn East
Auburn High School
Secondary · Government
26 Burgess Street, Hawthorn East
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Days on market
26 days
Auction clearance rate
71%
Properties sold
147