FOR SALE
FOR SALE $2,200,000

364 Norton Street
Lilyfield NSW 2040

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 320m2
Land area: 306m2
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Prime Commercial Freehold in Tightly Held Precinct

Strategically located just off the City West Link and Anzac Bridge, this prime commercial freehold is set over two floors and offers an once in a lifetime opportunity for those seeking a solid investment in a tightly held precinct of Lilyfield.
Featuring:
* Approx. land size 306m2
* Terrace style commercial building with wide frontage, drive way to garage and high clearance warehousing at the rear with a mezzanine floor plus under house storage
* Large open plan showroom on the ground floor, with kitchenette amenities
* Upstairs office boasts high ceilings, reception + open plan work area & 2 directors rooms
* Bathroom with shower amenities
* Short stroll to hustle and bustle of Leichardt's shops & cafes
* Zoned E1 Local Centre
* Leased till 02/01/2025, ideal for those looking to purchase now and occupy later.
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Property Details for 364 Norton St, Lilyfield

Building Type
Commercial
Floor Size
320m2
Land Size
306m2

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About Lilyfield 2040

The size of Lilyfield is approximately 2.2 square kilometres. It has 17 parks covering nearly 9.9% of total area. The population of Lilyfield in 2011 was 7,342 people. By 2016 the population was 7,614 showing a population growth of 3.7% in the area during that time. The predominant age group in Lilyfield is 40-49 years. Households in Lilyfield are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Lilyfield work in a professional occupation. In 2011, 60.6% of the homes in Lilyfield were owner-occupied compared with 60.9% in 2016.

Lilyfield has 4,297 properties. Over the last 5 years, Houses in Lilyfield have seen a 57.13% increase in median value, while Units have seen a 18.35% increase. As at 31 August 2024:

  • The median value for Houses in Lilyfield is $2,420,314 while the median value for Units is $1,161,907.
  • Houses have a median rent of $1,000 while Units have a median rent of $583.
There are currently 5 properties listed for sale, and 5 properties listed for rent in Lilyfield on OnTheHouse. According to CoreLogic's data, 147 properties were sold in the past 12 months in Lilyfield.

Suburb Insights for Lilyfield 2040

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Colemon Xu Hui Su
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Colemon Property Group Pty Ltd
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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.