48 Riverside DriveAirds NSW 2560
Property Details for 48 Riverside Dr, Airds
Last Listing description (May 2014)
SHOPPING CENTRE + DEVELOPMENT SITE
Land size of 15,600sqm (approx. 83.7/95.66m x 154.5/214.2m Building area 2,808sqm
Carspace 135, 16 specialty shops
4 extra rent leases from utilities (telecom tower, 2x ATMs, Telephones), good cash flow investment
DA Approval in place for extra 270sqm of retail space
Extra 1 acre of development land attached to site
Estimated population growth of 10% over NEXT 5 YEARS) Good growth & value add potential via current DA & extra land
Property History for 48 Riverside Dr, Airds, NSW 2560
- 22 May 2014Listed for Sale 4450000
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0About Airds 2560
The size of Airds is approximately 2.4 square kilometres. It has 18 parks covering nearly 22.8% of total area. The population of Airds in 2011 was 3,506 people. By 2016 the population was 2,943 showing a population decline of 16.1% in the area during that time. The predominant age group in Airds is 10-19 years. Households in Airds are primarily single parents and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Airds work in a labourer occupation. In 2011, 5.2% of the homes in Airds were owner-occupied compared with 4.3% in 2016.
Airds has 1,689 properties. Over the last 5 years, Houses in Airds have seen a 60.82% increase in median value. As at 31 October 2024:
- The median value for Houses in Airds is $786,392 while the median value for Units is $549,471.
- Houses have a median rent of $530.
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