FOR SALE
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88 Chandos Street
Naremburn NSW 2065

Bedrooms: -
Bathrooms: -
Car spaces: 11
Floor area: 638m2
Land area: 373m2
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CONVENIENTLY LOCATED COMMERCIAL BUILDING WITH SIGNIFICANT REDEVELOPMENT POTENTIAL

Ray White Lower North Shore Projects & Developments and RWC Sydney North are pleased to present 88 Chandos Street for Sale by Expression of Interest.
This property offers a centrally located, freehold commercial building with significant development potential.
Leased until May 2024 to Hutchinson Builders, the property is currently earning $367,810 PA* in Net Income, and will appeal to developers, investors, and owner occupiers.
The building benefits from the following key attributes:
• Premium fit-out
• Blue chip location
• 500m* from St Leonards Station
• 350m* from the new Crows Nest Metro Station
• 638sqm* of NLA
• 11 secure car spaces
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Property Details for 88 Chandos St, Naremburn

Building Type
Commercial
Floor Size
638m2
Land Size
373m2

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About Naremburn 2065

The size of Naremburn is approximately 1.2 square kilometres. It has 7 parks covering nearly 16% of total area. The population of Naremburn in 2011 was 5,474 people. By 2016 the population was 5,895 showing a population growth of 7.7% in the area during that time. The predominant age group in Naremburn is 30-39 years. Households in Naremburn are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Naremburn work in a professional occupation. In 2011, 63.8% of the homes in Naremburn were owner-occupied compared with 61.8% in 2016.

Naremburn has 2,944 properties. Over the last 5 years, Houses in Naremburn have seen a 51.05% increase in median value, while Units have seen a 19.77% increase. As at 30 September 2024:

  • The median value for Houses in Naremburn is $3,407,550 while the median value for Units is $1,245,974.
  • Houses have a median rent of $1,150 while Units have a median rent of $790.
There are currently 6 properties listed for sale, and 7 properties listed for rent in Naremburn on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Naremburn.

Suburb Insights for Naremburn 2065

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Scott Stephens
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Tim Abbott
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RWC Sydney North
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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.