FOR SALE
For Sale | $429,000

410 Parramatta Road
Petersham NSW 2049

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 67m2
Land area: 67m2
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Affordable lock up shop. Investment / Owner occupier opportunity.

Situated on one of the Inner West's busiest roads and offering prime visibility and exposure is this 67m2 (approx) lock up shop with rear access to a secure car space. Currently set up as a well established bridal store it presents a great opportunity for the investor looking to purchase a low maintenance property and reap the rewards or an owner occupier.
- 67m2 (approx) plus lock up shop
- Leased for $21900 approx per annum
- Long established tenant
- Rear lane access
- Secure car parking
- Well presented retails shop with kitchenette
- Low maintenance and outgoings

Property Details for 410 Parramatta Rd, Petersham

Building Type
Commercial
Floor Size
67m2
Land Size
67m2

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About Petersham 2049

The size of Petersham is approximately 1.3 square kilometres. It has 6 parks covering nearly 5.5% of total area. The population of Petersham in 2011 was 7,529 people. By 2016 the population was 8,114 showing a population growth of 7.8% in the area during that time. The predominant age group in Petersham is 30-39 years. Households in Petersham are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Petersham work in a professional occupation. In 2011, 49.8% of the homes in Petersham were owner-occupied compared with 47.3% in 2016.

Petersham has 5,083 properties. Over the last 5 years, Houses in Petersham have seen a 40.40% increase in median value, while Units have seen a 11.07% increase. As at 31 October 2024:

  • The median value for Houses in Petersham is $2,102,569 while the median value for Units is $824,691.
  • Houses have a median rent of $790 while Units have a median rent of $615.
There are currently 20 properties listed for sale, and 40 properties listed for rent in Petersham on OnTheHouse. According to CoreLogic's data, 189 properties were sold in the past 12 months in Petersham.

Suburb Insights for Petersham 2049

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Con Magias
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Ray White Inner West Group
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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.