SOLD
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Sold on 18 Oct 2024 for $450,000

8/34 Hinkler Avenue
Rutherford NSW 2320

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 214m2
Land area: 197m2
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Property Details for 8/34 Hinkler Ave, Rutherford

Building Type
Commercial
Floor Size
214m2
Land Size
197m2
Local Government
Maitland
Lot/Plan
8/SP79437

Last Listing description (October 2024)

What a terrific opportunity to secure a boutique strata commercial space in Rutherford's thriving, established commercial / retail precinct. Positioned on Hinkler Avenue, shop 8 offers 214sqm of internal space with mezzanine storage / accessibility! There is a large 6m high roller door providing internal access, two private parking spaces and an existing office / display fit out with air conditioning and kitchenette. The property has dual access from both Hinkler Avenue & Shipley Drive providing ease of access for deliveries and exposure for clientele. The property is located just 19kms or 23minutes from the M1 Motorway exit at Thornton / Beresfield and offers a terrific opportunity for investors with a realistic, estimated rental return of $30,000pa!

The key objectives of the zone is to enable a mix of business, warehouse usage and specialised retail premises that require a large floor area in locations that are close to and that support the viability of surrounding centres – opening up a multitude of different opportunities and potential!

- 214SQM of floorspace + mezzanine
- Located in an established commercial / retail precinct
- Good exposure due to dual street access
- 2 private car spaces, 6m high roller door provides internal access to warehouse
- Realistic rental potential of $30,000p.a

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Property History for 8/34 Hinkler Ave, Rutherford, NSW 2320

A timeline of how this property has performed in the market
Last Sold
$450,000
18 Oct 2024
Listed for Rent
$575/w
09 Mar 2023
  • 18 Oct 2024
    Sold for $450,000
  • 06 Aug 2024
    Listed for Sale $450,000
  • 27 Sep 2022
    Listed for Rent - Price not available
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About Rutherford 2320

The size of Rutherford is approximately 13.4 square kilometres. It has 24 parks covering nearly 8.7% of total area. The population of Rutherford in 2011 was 10,182 people. By 2016 the population was 11,865 showing a population growth of 16.5% in the area during that time. The predominant age group in Rutherford is 0-9 years. Households in Rutherford are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rutherford work in a trades occupation. In 2011, 61.1% of the homes in Rutherford were owner-occupied compared with 55.9% in 2016.

Rutherford has 6,472 properties. Over the last 5 years, Houses in Rutherford have seen a 76.48% increase in median value, while Units have seen a 60.02% increase. As at 30 September 2024:

  • The median value for Houses in Rutherford is $649,246 while the median value for Units is $489,438.
  • Houses have a median rent of $580 while Units have a median rent of $428.
There are currently 40 properties listed for sale, and 6 properties listed for rent in Rutherford on OnTheHouse. According to CoreLogic's data, 308 properties were sold in the past 12 months in Rutherford.

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Matthew Clarkson
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