FOR SALE
Auction Wednesday, 20th November 2024

325 Illawarra Road
Marrickville NSW 2204

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 100m2
Land area: 204m2
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Auction Time
Wed 20 Nov 5:30 pm
Inspection Times
No upcoming inspections scheduled.
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Invest, Occupy or Develop | 2 Bedroom Semi with Commercial Zoning

325 Illawarra Road, Marrickville offers owner occupiers, investors and developers a chance to secure a commercially zoned parcel of land in the heart of Illawarra Road's vibrant shopping strip, one of the most active and desirable commercial hubs in the Inner West.
This 2-bedroom home is surrounded by a choice of popular restaurants, bars, eateries, and multiple transport options all within walking distance, perfectly suited for home occupation or conversion into a commercial premises.
> Offered for the first time in 40 years
> Approx. 204 square metres of land with 6 metres of frontage to Illawarra Road
> Zoned E1 Local Centre, suitable for a variety of options including commercial, medical, food and beverage and residential uses (S.T.C.A.)
> Existing improvements include a 2-bedroom semi with a considerable rear yard
> Located adjacent to renowned establishments We Three, Titus Jones Marrickville, Eat Fuh, Hello Auntie, Woolworths, Fitness Playground, and The Lazy Bones Lounge, ensuring high foot traffic and visibility day and night
> 220 metres from Marrickville Train Station which is expected to connect to the greater Sydney Metro Line network in late 2025, greatly increasing connectivity to the greater Sydney region
> Known as 'Little Asia' Illawarra Road is one of the most tightly held areas in Marrickville, an already highly popular suburb to live and work in
> Motivated vendors seeking a definite sale at auction
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Property Details for 325 Illawarra Rd, Marrickville

Building Type
Commercial
Floor Size
100m2
Land Size
204m2

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About Marrickville 2204

The size of Marrickville is approximately 5.8 square kilometres. It has 23 parks covering nearly 10.8% of total area. The population of Marrickville in 2011 was 24,612 people. By 2016 the population was 26,571 showing a population growth of 8.0% in the area during that time. The predominant age group in Marrickville is 30-39 years. Households in Marrickville are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Marrickville work in a professional occupation. In 2011, 54.6% of the homes in Marrickville were owner-occupied compared with 51.2% in 2016.

Marrickville has 15,017 properties. Over the last 5 years, Houses in Marrickville have seen a 46.11% increase in median value, while Units have seen a 22.60% increase. As at 31 October 2024:

  • The median value for Houses in Marrickville is $2,078,634 while the median value for Units is $895,667.
  • Houses have a median rent of $890 while Units have a median rent of $650.
There are currently 54 properties listed for sale, and 117 properties listed for rent in Marrickville on OnTheHouse. According to CoreLogic's data, 527 properties were sold in the past 12 months in Marrickville.

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Nicholas Smith
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Dane Henrich
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Raine & Horne Commercial Inner West/South Sydney
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