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Sold on 02 Oct 2024 - Price Unavailable

18 Glen Street
Eastwood NSW 2122

Bedrooms: -
Bathrooms: -
Car spaces: 12
Floor area: 908m2
Land area: 908m2
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Property Details for 18 Glen St, Eastwood

Building Type
Commercial
Floor Size
908m2
Land Size
908m2
Local Government
Ryde
Lot/Plan
21/DP651665

Last Listing description (October 2024)

Open for Inspection Wednesdays 1:00 - 2:00pm

FREEHOLD COMMERCIAL BUILDING

Ray White Elevate are pleased to present 18 Glen Steet Eastwood.

This property represents a rare opportunity to acquire a large freehold commercial asset consisting of a 2 storey with basement carpark office / showroom / retail commercial area.

In addition, capitalise on the flexible planning controls which makes this site a significant development opportunity (S.T.C.A).

This significant site is located in the bustling commercial and residential precinct of the Eastwood CBD. Situated next to well-known Korean BBQ eatery, close to Shopping Centre and walking distance to train station. Opposite high rise residential / commercial developments

Additional highlights of the property include:

• Site area 908sqm*
• Existing building area 1632sqm*
• Office, warehouse and retail showroom plus basement parking
• Zone MU1 Mixed Use / 21.5m height limit
• 18.29m* frontage on to the bustling Glen Street
• High profile location
• To be sold as a going concern
• 7min* walk to Eastwood Train Station
• Suitable for investors, occupiers or developers

Partially leased

* Approx.

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Property History for 18 Glen St, Eastwood, NSW 2122

A timeline of how this property has performed in the market
Last Sold
02 Oct 2024
Listed for Rent
08 Oct 2021
  • 02 Oct 2024
    Sold
  • 29 Aug 2024
    Listed for Sale Sold At Auction
  • 09 Jul 2018
    Listed for Rent $70,000 / year
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About Eastwood 2122

The size of Eastwood is approximately 5.2 square kilometres. It has 38 parks covering nearly 8.1% of total area. The population of Eastwood in 2011 was 16,193 people. By 2016 the population was 17,880 showing a population growth of 10.4% in the area during that time. The predominant age group in Eastwood is 20-29 years. Households in Eastwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eastwood work in a professional occupation. In 2011, 66.3% of the homes in Eastwood were owner-occupied compared with 61.9% in 2016.

Eastwood has 8,684 properties. Over the last 5 years, Houses in Eastwood have seen a 70.68% increase in median value, while Units have seen a 17.43% increase. As at 31 October 2024:

  • The median value for Houses in Eastwood is $2,618,135 while the median value for Units is $890,816.
  • Houses have a median rent of $880 while Units have a median rent of $620.
There are currently 71 properties listed for sale, and 35 properties listed for rent in Eastwood on OnTheHouse. According to CoreLogic's data, 366 properties were sold in the past 12 months in Eastwood.

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Xavier Gordon
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Alfio Musumeci
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Ray White Elevate Group
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