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G06/31 Lasso Road
Gregory Hills NSW 2557

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 174m2
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Retail Investment Opportunity at the Hub - Gregory Hills

Centrally located within the booming Gregory Hills business precinct, amongst a variety of major occupiers including Toyota, NAB and Rent A Space. The subject property provides excellent access to both the M5 & M7 Motorways via Narellan Road and all local essential services.
• 174m² ground level retail tenancy
• Four (4) basement parking spaces on title
• Occupied by Dosa Hut since completion
• Lease expiry 25 April, 2028 plus two 5 year options
• Net lease with tenant paying all outgoings
• Assured rent growth with annual rent increases
• Near new asset with excellent depreciation benefits
• Surrounded by food operators including Milky Lane, El Patron and Bella's Pizza
For more information on this outstanding property, please contact Maria Agostino on 0413 133 899 or Daniel Krobot on 0411 215 339.
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Property Details for G06/31 Lasso Rd, Gregory Hills

Building Type
Commercial
Floor Size
174m2

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About Gregory Hills 2557

The size of Gregory Hills is approximately 4.6 square kilometres. It has 7 parks covering nearly 1.6% of total area. The population of Gregory Hills in 2011 was 1,585 people. By 2016 the population was 5,001 showing a population growth of 215.5% in the area during that time. The predominant age group in Gregory Hills is 30-39 years. Households in Gregory Hills are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Gregory Hills work in a professional occupation. In 2011, 80.8% of the homes in Gregory Hills were owner-occupied compared with 76.6% in 2016.

Gregory Hills has 4,939 properties. Over the last 5 years, Houses in Gregory Hills have seen a 56.85% increase in median value, while Units have seen a 48.52% increase. As at 31 July 2024:

  • The median value for Houses in Gregory Hills is $1,084,670 while the median value for Units is $784,912.
  • Houses have a median rent of $695 while Units have a median rent of $470.
There are currently 51 properties listed for sale, and 29 properties listed for rent in Gregory hills on OnTheHouse. According to CoreLogic's data, 266 properties were sold in the past 12 months in Gregory hills.

Suburb Insights for Gregory Hills 2557

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Maria Agostino
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Daniel Krobot
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Raine & Horne Commercial Macarthur
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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.