FOR SALE
Price Guide $228,000 + Stocks

Contact Agent For Address
Penshurst NSW 2222

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 130m2
Land area: 266m2
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Long-Established Asian Supermarket for sale|Close to Hurstville area

Thriving Asian Supermarket for Sale Near Sydney South Train Station
Summary:
An exceptional opportunity to acquire a well-established Asian supermarket located near a busy train station in Sydney South. Operating for over 15 years, this supermarket has built a loyal customer base and is a staple in the local community. With a spacious area of 266 square meters, including nearly 200 square meters of shelf and storage space, this business is primed for continued success.
Key Features:
• Diverse Product Range: The supermarket offers a wide variety of grocery products from Thailand, the Philippines, Vietnam, Nepal, India, and China, catering to the multicultural population of the area.
• High-Quality Equipment: Equipped with over ten refrigerators and freezers, along with a large cold room, ensuring fresh food at all times.
• Prime Location: Situated near the local train station entrance, capturing the high foot traffic of daily commuters.
• Minimal Competition: The largest and most comprehensive supermarket in the area, with no direct competitors nearby.
• Friendly Landlord: Opportunity to negotiate a new lease with a cooperative property owner.
Potentials:
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Property Details for Contact Agent For Address, Penshurst

Building Type
Commercial
Floor Size
130m2
Land Size
266m2

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About Penshurst 2222

The size of Penshurst is approximately 2.5 square kilometres. It has 13 parks covering nearly 9.3% of total area. The population of Penshurst in 2011 was 11,692 people. By 2016 the population was 12,795 showing a population growth of 9.4% in the area during that time. The predominant age group in Penshurst is 20-29 years. Households in Penshurst are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penshurst work in a professional occupation. In 2011, 65.2% of the homes in Penshurst were owner-occupied compared with 60.7% in 2016.

Penshurst has 5,913 properties. Over the last 5 years, Houses in Penshurst have seen a 68.22% increase in median value, while Units have seen a 15.74% increase. As at 31 August 2024:

  • The median value for Houses in Penshurst is $1,804,253 while the median value for Units is $666,349.
  • Houses have a median rent of $795 while Units have a median rent of $580.
There are currently 16 properties listed for sale, and 12 properties listed for rent in Penshurst on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in Penshurst.

Suburb Insights for Penshurst 2222

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Contact agent
Jeffrey Lei
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ANND PROPERTIES 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.