Contact AgentShop 4/7 Magdalene Terrace
Shop 4/7 Magdalene Terrace Wolli Creek NSW 2205
Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 45m2
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Prime Commercial Space for Lease in Wolli Creek
We are excited to present a premium commercial space available for lease in the bustling heart of Wolli Creek. Situated in a prime location within a vibrant shopping plaza, this approximately 45-square-meter property offers a versatile layout suitable for a wide range of business ventures. Whether you are planning to open a restaurant, beauty salon, nail spa, or other service-oriented business, this space can accommodate your needs. The building is equipped with a grease trap, making it ideal for food service businesses while also offering flexibility for non-culinary operations.
This commercial space enjoys unparalleled accessibility, located just minutes' walk from Wolli Creek Train Station and serviced by an extensive network of bus routes. The area attracts a high volume of daily commuters, offering excellent exposure for your business. Ample parking facilities within and around the shopping plaza add to the convenience for customers arriving by car, enhancing the overall attractiveness of this location.
Nestled in the heart of a mature and dynamic community, Wolli Creek boasts a high-density residential neighborhood surrounded by upscale apartments. The area’s well-established population, combined with a steady flow of transient visitors, offers significant consumer potential. Complementing this are a variety of existing amenities, including retail stores, cafes, supermarkets, and fitness centers, which attract a diverse and multi-tiered customer base. Proximity to Cooks River and several parks further enhances the location’s appeal, drawing families and tourists and increasing foot traffic to the area.
This prime location benefits from a high-income residential base characterized by mid-to-upper income households with strong purchasing power. The demand for high-quality goods and services is robust, making this an ideal spot for a unique dining establishment, luxury beauty or nail services, or an independent retail brand.
Take advantage of this exceptional opportunity to establish your business in one of Wolli Creek's most sought-after commercial areas.
Property Reference Number: R-25
Property Details for Shop 4/7 Magdalene Tce, Wolli Creek
Building Type
Commercial
Floor Size
45m2
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About Wolli Creek 2205
The size of Wolli Creek is approximately 0.7 square kilometres. It has 4 parks covering nearly 18.9% of total area. The population of Wolli Creek in 2011 was 2,828 people. By 2016 the population was 6,409 showing a population growth of 126.6% in the area during that time. The predominant age group in Wolli Creek is 20-29 years. Households in Wolli Creek are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wolli Creek work in a professional occupation. In 2011, 43.5% of the homes in Wolli Creek were owner-occupied compared with 35.2% in 2016.
Wolli Creek has 5,993 properties. Over the last 5 years, Houses in Wolli Creek have seen a 81.76% increase in median value, while Units have seen a 10.43% increase. As at 30 November 2024:
- The median value for Houses in Wolli Creek is $2,306,571 while the median value for Units is $817,022.
- Houses have a median rent of $800 while Units have a median rent of $800.
There are currently 60 properties listed for sale, and 70 properties listed for rent in Wolli creek on OnTheHouse. According to CoreLogic's data, 313 properties were sold in the past 12 months in Wolli creek.
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.