FOR SALE
Buyers Guide $1,300,000 - $1,430,000

66/47 Neridah Street
Chatswood NSW 2067

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 121m2
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Exceptional Investment with Great Return in Superb Location

An exceptional commercial investment opportunity exists in the heart of Chatswood. This spacious tri-level property hosts a successful cosmetic clinic as an existing long-term tenant, presenting an excellent rental return. Spanning two levels with a stylish modern aesthetic, it features a welcoming entrance foyer and reception area, as well as two kitchenettes, four deluxe treatment rooms, split-cycle air conditioning, and plentiful storage. Complete with security parking, this outstanding prospect is only a 10-minute walk to Chatswood Station, Westfield Shopping Centre, and popular eateries, while being surrounded by a variety of shops and bustling cafés.
Property Features:
Stylish entrance foyer with a reception area and bathroom
Four upper-level treatment rooms and ample storage space
Offered with vacant possession with an option available for a leaseback
Outstanding investment prospect with excellent rental yield
Long-term commercial tenant with the option to increase
Potential for numerous business/commercial endeavours
Modern complex with easy access to security car space
Outstanding location, just a 10-minute walk from Chatswood Station
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Property Details for 66/47 Neridah St, Chatswood

Building Type
Commercial
Floor Size
121m2

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About Chatswood 2067

The size of Chatswood is approximately 4.9 square kilometres. It has 29 parks covering nearly 13.2% of total area. The population of Chatswood in 2011 was 21,194 people. By 2016 the population was 24,901 showing a population growth of 17.5% in the area during that time. The predominant age group in Chatswood is 30-39 years. Households in Chatswood are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Chatswood work in a professional occupation. In 2011, 55.4% of the homes in Chatswood were owner-occupied compared with 49.6% in 2016.

Chatswood has 14,272 properties. Over the last 5 years, Houses in Chatswood have seen a 60.54% increase in median value, while Units have seen a 8.89% increase. As at 31 August 2024:

  • The median value for Houses in Chatswood is $3,211,750 while the median value for Units is $1,148,080.
  • Houses have a median rent of $1,200 while Units have a median rent of $750.
There are currently 120 properties listed for sale, and 86 properties listed for rent in Chatswood on OnTheHouse. According to CoreLogic's data, 493 properties were sold in the past 12 months in Chatswood.

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Augusto Gerocarni
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Nick Gero
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