FOR SALE
Price Guide $15,000,000.00

163-171 Waterloo Road
Greenacre NSW 2190

Bedrooms: -
Bathrooms: -
Car spaces: 12
Floor area: 1200m2
Land area: 1795m2
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1795m2 -- RARE DEVELOPMENT OPPORTUNITY

:: 1795m2 ZONED B2
:: ROW OF SHOPS IN ONE LINE
:: MAIN ROAD & BUSY SHOPPING PRECINCT
:: REAR LANE & CORNER ACCESS
:: MAKE YOUR INQUIRIES
:: EXPRESSIONS OF INTEREST SOUGHT
This commercial property is situated in the bustling hub of Greenacre’s vibrant retail precinct which offers a plethora of shops, office space, mixed businesses, restaurants and food outlets. It incorporates a number of shops set in a row between Juno Parade and McGuigan Place with rear lane access through Sellers Lane, some have above shop residential apartments all with excellent rental income.
What sets this property apart is its potential for further development. With a generous land size of approximately 1795m2, Zoned B2 Local Centre with a building height allowance of 20m and a floor space ratio of 2.5:1, the possibilities are very exciting.
Conveniently situated near bus services, schools, shopping centres including Greenacre Village and Chullora Market Place, as well as major transportation arteries such as the Hume Highway and the M5 motorway corridors, this property is primed to capatalise on the expected population growth in the Bankstown region.
Don’t miss out on the opportunity to explore the potential of this prime property and to make your offer, contact us now for more details! For Sale by Expression on Interest, please contact Gerard or Jim.

Property Details for 163-171 Waterloo Rd, Greenacre

Building Type
Commercial
Floor Size
1200m2
Land Size
1795m2

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About Greenacre 2190

The size of Greenacre is approximately 7.3 square kilometres. It has 25 parks covering nearly 4.9% of total area. The population of Greenacre in 2011 was 23,212 people. By 2016 the population was 24,365 showing a population growth of 5.0% in the area during that time. The predominant age group in Greenacre is 0-9 years. Households in Greenacre are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greenacre work in a professional occupation. In 2011, 66.2% of the homes in Greenacre were owner-occupied compared with 62.8% in 2016.

Greenacre has 9,237 properties. Over the last 5 years, Houses in Greenacre have seen a 68.10% increase in median value, while Units have seen a 34.57% increase. As at 31 October 2024:

  • The median value for Houses in Greenacre is $1,424,957 while the median value for Units is $774,411.
  • Houses have a median rent of $850 while Units have a median rent of $680.
There are currently 22 properties listed for sale, and 32 properties listed for rent in Greenacre on OnTheHouse. According to CoreLogic's data, 329 properties were sold in the past 12 months in Greenacre.

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Gerard Allport
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Jim Georgilas
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L.H.Brown & Co (Chester Hill) Pty Ltd
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