FOR SALE
For Sale $560,000

Shop 9/2 Danks Street
Waterloo NSW 2017

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 24m2
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Prime Retail Opportunity

RWC South Sydney is pleased to present Shop 9/2 Danks Street Waterloo.
• Location: Danks Street, Waterloo, a prominent area surrounded by major retailers, shopping centers, Green Square, and Green Square Station
• Property: 20sqm* retail shop with an additional 4sqm* exclusive use area at the front Porch. Internal Toilet
• Tenant: Occupied since 2009, with the current lease running until 31 August 2029
• Income: $28,120 plus GST
• Outgoings: Tenant covers 100% of outgoings Strata, Council & Water
• Rental increase each year 4%
Given the stable tenant history and long lease term, it seems like a reliable income-generating asset. The location is a plus, being in a high-traffic area with access to major transport links. If you're considering purchasing or investing in this property, the steady income and tenant responsibility for outgoings are significant advantages.
*Approximately

Property Details for Shop 9/2 Danks St, Waterloo

Building Type
Commercial
Floor Size
24m2

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About Waterloo 2017

The size of Waterloo is approximately 1.1 square kilometres. It has 17 parks covering nearly 8% of total area. The population of Waterloo in 2011 was 10,657 people. By 2016 the population was 14,608 showing a population growth of 37.1% in the area during that time. The predominant age group in Waterloo is 20-29 years. Households in Waterloo are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Waterloo work in a professional occupation. In 2011, 20.5% of the homes in Waterloo were owner-occupied compared with 24.4% in 2016.

Waterloo has 10,454 properties. Over the last 5 years, Houses in Waterloo have seen a 34.71% increase in median value, while Units have seen a 16.91% increase. As at 31 October 2024:

  • The median value for Houses in Waterloo is $1,537,266 while the median value for Units is $1,017,767.
  • Houses have a median rent of $950 while Units have a median rent of $900.
There are currently 56 properties listed for sale, and 87 properties listed for rent in Waterloo on OnTheHouse. According to CoreLogic's data, 392 properties were sold in the past 12 months in Waterloo.

Suburb Insights for Waterloo 2017

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Phillip Elmowy
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RWC South Sydney
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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.