168 Burwood Road, Burwood, NSW 2134 sold on 19 November 2024 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 19 Nov 2024 - Price Unavailable

168 Burwood Road
Burwood NSW 2134

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 468m2
Save

Property Details for 168 Burwood Rd, Burwood

Building Type
Commercial
Floor Size
1m2
Land Size
468m2

Last Listing description (November 2024)

Welcome to 168 Burwood Road, the most iconic corner in Burwood CBD currently home to Westpac.

The property offers the market an exceptional opportunity to secure a freehold building with significant development upside within one of Sydney's fastest growing locales.

Perfect for investors seeking a strong performing asset underpinned by its irreplaceable location, businesses aiming to make a statement, as well as developers seeking significant redevelopment opportunities. 168 Burwood Road is an opportunity not to be missed.

Additional Highlights of the Property:
• Substantial building area of 770sqm*
• Total land area of 477.7sqm*
• Currently leased to Westpac generating an net annual income of $437,090.80 + GST
• Landmark corner site with three (3) street frontages
• Four (4) on-site parking spaces with rear lane access
• Zoned MU1 Mixed Use (previously B4 Mixed Use)
• Significant underlying development potential with 6:1 FSR and 70m height limit
• Excellent exposure with unmatched pedestrian flow in one of Sydney's tightliest held markets
• Located on the station in the absolute heart of Burwood CBD
• Substantial future upside through rental reversion, conversion or redevelopment (STCA)

The property is now offered for sale via Public Auction to be held on-site on Wednesday 20 November 2024 at 10:30 am.

Property History for 168 Burwood Rd, Burwood, NSW 2134

A timeline of how this property has performed in the market
Last Sold
19 Nov 2024
  • 19 Nov 2024
    Sold
  • 20 Oct 2024
    Listed for Sale ONSITE AUCTION
  • 17 Apr 2024
    Sold for $11,500,000
Sign in to see more transactions

Commute Calculator

-
-
-
-

About Burwood 2134

The size of Burwood is approximately 2.5 square kilometres. It has 7 parks covering nearly 3.9% of total area. The population of Burwood in 2011 was 12,466 people. By 2016 the population was 16,011 showing a population growth of 28.4% in the area during that time. The predominant age group in Burwood is 20-29 years. Households in Burwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burwood work in a professional occupation. In 2011, 50.3% of the homes in Burwood were owner-occupied compared with 42.1% in 2016.

Burwood has 10,132 properties.

    There are currently 73 properties listed for sale, and 107 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 373 properties were sold in the past 12 months in Burwood.

    What's around 168 Burwood Rd, Burwood

    Nearby Schools
    Comparable Properties

    Suburb Insights for Burwood 2134

    Market Insights
    Burwood Trends for Houses
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


    Median Value over 1 year
    Burwood Trends for Units
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


    Median Value over 1 year
    Neighbourhood Insights
    Age
    Household
    Occupancy
    No data to show
    Contact agent
    Danny Shi
    Show contact details
    Tao Shi
    Show contact details
    RWC Western Sydney
    Preferred contact: