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Sold on 04 Sep 2024 - Price Unavailable

424 Burwood Road
Belmore NSW 2192

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 140m2
Land area: 131m2
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Property Details for 424 Burwood Rd, Belmore

Building Type
Commercial
Floor Size
140m2
Land Size
131m2
Local Government
Canterbury-Bankstown
Lot/Plan
2/DP546212

Last Listing description (September 2024)

(Inspection access from rear lane Saturday between 12pm to 12.30pm)
Amazing precious Belmore main business stretch for maximum exposure. A strong price growth over the years made Belmore a lucrative investment destination. Superbly positioned within the future high-rise mixed-development zone. Freestanding building and no strata. Secured leased for shop front and back lane access for the shop top residence. Currently a precious metal business operating the shops and 3 bedroom unit tenanted separately driveway access from the back lane. Exceptional shop front exposure for various business activities and real lane access for parking. Position describes itself and this kind of rare find outstanding opportunity not to be missed.
Property offers:-

Maximum exposure shop front
3 bedroom unit on the 1st floor
Rear lance access and driveway
Potential extension at the back
High-rise business precinct
Secured tenant
Various business and development potential.
No strata
Auction on the 27th July at 12.30pm on site
Navid can be contacted on 0402604766 for a confidential discussion or for a private inspection
Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy; we do not accept any responsibility for its accuracy and do no more than pass it on. Any interested persons should rely on their own enquiries.

Property History for 424 Burwood Rd, Belmore, NSW 2192

A timeline of how this property has performed in the market
Last Sold
04 Sep 2024
Listed for Rent
$400/w
23 Nov 2023
  • 04 Sep 2024
    Sold
  • 27 Jun 2024
    Listed for Sale $1,450,000 - $1,500,000
  • 20 May 2022
    Listed for Rent - Price not available
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About Belmore 2192

The size of Belmore is approximately 2.8 square kilometres. It has 12 parks covering nearly 4.9% of total area. The population of Belmore in 2011 was 12,574 people. By 2016 the population was 12,746 showing a population growth of 1.4% in the area during that time. The predominant age group in Belmore is 30-39 years. Households in Belmore are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmore work in a professional occupation. In 2011, 56.6% of the homes in Belmore were owner-occupied compared with 52.9% in 2016.

Belmore has 6,544 properties. Over the last 5 years, Houses in Belmore have seen a 74.89% increase in median value, while Units have seen a 17.95% increase. As at 31 August 2024:

  • The median value for Houses in Belmore is $1,634,083 while the median value for Units is $600,381.
  • Houses have a median rent of $750 while Units have a median rent of $550.
There are currently 29 properties listed for sale, and 37 properties listed for rent in Belmore on OnTheHouse. According to CoreLogic's data, 273 properties were sold in the past 12 months in Belmore.

Suburb Insights for Belmore 2192

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Contact agent
Navid Nawaz
Show contact details
Ray White AusBan
Preferred contact:
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.