FOR SALE
For Sale | $2,650,000

117 Johnston Street
Annandale NSW 2038

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 181m2
Land area: 190m2
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Friendly Grocer

The MFC Supermarket, a local landmark with a rich history of over 80 years, presents a remarkable investment opportunity. Currently leased to long-term tenants on a 10-year agreement, this property boasts a total land size of 189.7 sqm and is zoned for business with commercial use rights. This is a prime chance to acquire a well-established business location that promises both stability and growth potential. Don't miss out on this unique opportunity!
• Situated in the heart of Annandale's retail strip
• Untapped true potential to develop STCA
• Bus stop is right in front of the property
• First time offered since 2008
• Currently leased to long term tenants
Opens:
Saturday 3:00pm - 3:30pm & Tuesday 4:00pm - 4:30pm

Property Details for 117 Johnston St, Annandale

Building Type
Commercial
Floor Size
181m2
Land Size
190m2

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About Annandale 2038

The size of Annandale is approximately 1.5 square kilometres. It has 14 parks covering nearly 7% of total area. The population of Annandale in 2011 was 8,668 people. By 2016 the population was 9,456 showing a population growth of 9.1% in the area during that time. The predominant age group in Annandale is 30-39 years. Households in Annandale are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Annandale work in a professional occupation. In 2011, 54.9% of the homes in Annandale were owner-occupied compared with 54.3% in 2016.

Annandale has 5,266 properties. Over the last 5 years, Houses in Annandale have seen a 34.21% increase in median value, while Units have seen a 8.60% increase. As at 30 November 2024:

  • The median value for Houses in Annandale is $2,366,232 while the median value for Units is $1,016,522.
  • Houses have a median rent of $950 while Units have a median rent of $628.
There are currently 6 properties listed for sale, and 13 properties listed for rent in Annandale on OnTheHouse. According to CoreLogic's data, 216 properties were sold in the past 12 months in Annandale.

Suburb Insights for Annandale 2038

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Tina O'Connor
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Ray White Annandale
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Disclaimer
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.