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Back 4/34 Cecil Avenue
Off Market

4/34 Cecil Avenue

Castle Hill NSW 2154

2
2
1
Apartment
Kwok Andy ChowKwok Andy Chow, last sold this property on 14 December 2023 after 833 days on market.

Overview

Spacious 2 bedrooms unit is leased, looking for long term investors only !

Looking for an excellent investment property for another 5 years, this is the one rare you could find. This property is under NRAS (National Rental Affordability Scheme). NRAS is an Australian Government affordable housing initiative, delivered in partnership with state and territory governments. The Scheme seeks to address the shortage of affordable rental housing by offering annual financial incentives for up to ten years, to rent dwellings for eligible NRAS tenants at 80 per cent or less of the market value rent. NRAS issues financial incentives to organisations that provide people on low to moderate incomes with an opportunity to rent homes at a rate that is at least 20 percent below market value rent. NRAS homes are not social housing they are affordable private rental homes. The lease of the property is currently being handled by an authorised agent and it has already been leased out. You could enjoy the financial incentive for this property now. Set on a quiet street in a boutique complex with a sunny north-easterly aspect, this contemporary spacious two-bedrooms apartment unit with Strata area 130sqm offers stylish interiors and enviable flow between outdoor and indoor living. This unit is the epitome of excellence showcasing substantial open-plan proportions and a spacious entertaining balcony with partial covered alfresco area. Placed in highly convenient locales with short stroll to Castle Tower Shopping Centre, Castle Hills Mall, Castle Hills Metro station, express City buses, local schools, local shops, medical Centre, Castle Hills RSL Club and parks. Property features: Huge open plan living and dining area opens to the spacious entertaining balcony. Two spacious bedrooms with built-in wardrobe and master bedroom with ensuite and a private balcony Modern kitchen with stone benchtops, gas cooking, rangehood, stainless steel appliances and dishwasher Elegant bathroom with bath Split type air-conditioning units in living area and master bedroom. Internal laundry with dryer Secure underground car space Full brick construction Don't miss your opportunity to secure this stunning lovely investment property. Please contact Andy Chow JP on 0411 683 308 for details and inspection appointment. Disclaimer: This advertisement is a guide only. Whilst all information has been gathered from sources, we deem to be reliable, we do not guarantee the accuracy of this information, nor do we accept responsibility for any action taken by intending purchasers in reliance on this information. No warranty can be given either by the vendors or their agents.

Features

2 bedrooms
2 bathrooms
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Castle Hill over the last 12 months, the estimated median property value of 4/34 Cecil Avenue is $940k.

Median value
$940k
Estimated value range
$662k - $1.47m
Median days on market
48
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Castle Hill. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4/34 Cecil Avenue

2023
Sold
Undisclosed
Private Sale/Treaty on 14 Dec 2023 by Kwok Andy Chow, of Michael & Partners Real Estate
2021
Rented
Undisclosed
Leased on 26 Oct 2021

Happy sellers in Castle Hill

81%
81% of sellers in Castle Hill reported that their sale price either exceeded or met their price expectations.

Castle Hill stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 198 reviews in Castle Hill over the last 12 months.

Local market activity for 2 bedroom apartments in Castle Hill

In the last 12 months, 80 two-bedroom apartments similar to 4/34 Cecil Avenue, have been sold.

This represents a 7% increase in two-bedroom apartments sales when compared to the previous 12 months.

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Reza Zad

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