FOR SALE
ONSITE AUCTION

168 Burwood Road
Burwood NSW 2134

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 468m2
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Iconic Corner Freehold Investment With Significant Redevelopment & Reversion Upside

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)
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Property Details for 168 Burwood Rd, Burwood

Building Type
Commercial
Floor Size
1m2
Land Size
468m2

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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 10,131 properties. Over the last 5 years, Houses in Burwood have seen a 60.22% increase in median value, while Units have seen a 13.55% increase. As at 30 November 2024:

  • The median value for Houses in Burwood is $2,766,604 while the median value for Units is $934,864.
  • Houses have a median rent of $800 while Units have a median rent of $775.
There are currently 74 properties listed for sale, and 108 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 382 properties were sold in the past 12 months in Burwood.

Suburb Insights for Burwood 2134

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Danny Shi
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Tao Shi
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RWC Western Sydney
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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.