FOR SALE
AUCTION

Shop 4/200-202 Princes Highway
Sylvania NSW 2224

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 81m2
Auction Time
Tue 24 Sep 10:30 am
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
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Entry Level Strata Opportunity w/ Massive Retail Exposure

Ray White Commercial (SC) is proud to present a rare opportunity to acquire a unique, entry-level strata property located at Shop 4, 200-202 Princes Highway, Sylvania. Offered to the market for the first time in over 23 years, this asset will be available for sale via Auction on Tuesday, 24th September 2024.
This property comprises an internal floor area of 81 square metres* and currently houses a specialised psoriasis consultation practice. Strategically positioned at the prominent intersection of Sylvan Street and the highly trafficked Princes Highway, it benefits from exceptional visibility and exposure. The site enjoys an Average Daily Traffic Count of approximately 71,900, as reported by Transport for NSW from 2020 to 2024.
Key features of the property include:
• Internal floor area of 81 square metres*
• Prime corner location offering significant retail visibility
• Potential for various uses with the property being offered with Vacant Possession
• Average Daily Traffic Count of 71,947** (2020-2024)
• Zoned E1: Local Centre & CA: Complex Area
• Neighboring well-established businesses including Elders Real Estate, Domino's, and Vision Personal Training
• Ample all-day parking in the vicinity
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Property Details for Shop 4/200-202 Princes Hwy, Sylvania

Building Type
Commercial
Floor Size
81m2

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About Sylvania 2224

The size of Sylvania is approximately 4.4 square kilometres. It has 11 parks covering nearly 4% of total area. The population of Sylvania in 2011 was 9,729 people. By 2016 the population was 10,489 showing a population growth of 7.8% in the area during that time. The predominant age group in Sylvania is 40-49 years. Households in Sylvania are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Sylvania work in a professional occupation. In 2011, 73.8% of the homes in Sylvania were owner-occupied compared with 75.5% in 2016.

Sylvania has 5,088 properties. Over the last 5 years, Houses in Sylvania have seen a 43.62% increase in median value, while Units have seen a 47.76% increase. As at 31 August 2024:

  • The median value for Houses in Sylvania is $1,939,044 while the median value for Units is $1,232,582.
  • Houses have a median rent of $980 while Units have a median rent of $825.
There are currently 28 properties listed for sale, and 13 properties listed for rent in Sylvania on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Sylvania.

Suburb Insights for Sylvania 2224

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Contact agent
Liam Regan
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Baxter Van Heyst
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RWC SC
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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.