112 Pyrmont Bridge RoadAnnandale NSW 2038
Property Details for 112 Pyrmont Bridge Rd, Annandale
Last Listing description (April 2024)
Here is an unmissable opportunity to secure a building offering a combination of street presence, showroom, office space and high-clearance warehousing. Rarely found on the city fringe of this magnitude this 3-level building is perfect for an array of business uses. The property is ideal for owner occupiers seeking a freehold property for their business or investors seeking a quality multi-tenanted investment with strong market rental appeal. The new owner of this property will be dancing for joy should they reap the benefits of what is projected to be one of the city fringe's high-growth locations with a potential rezoning as part of the Parramatta Road renewal plans.
> The building can be accessed from Water St, Gordon St, Cahill St & Pyrmont Bridge Road
> Holding Income currently returning $70,000* per month plus GST
> Potential planning upside including via the Parramatta Road Urban Renewal Strategy
> Offers immediate access to Sydney CBD, Newtown and Glebe town centres and a choice of transport options
> Close to a range of popular amenities such as educational establishments, hospitals, shops, arterial roadways, cafés, restaurants and bars
*All amounts, areas and distances are approximate
Property History for 112 Pyrmont Bridge Rd, Annandale, NSW 2038
- 18 Apr 2024Sold for $12,000,000
- 08 Feb 2024Listed for Sale Under Offer
- 06 Sep 2022Listed for Rent $120,000 / year
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0About Annandale 2038
The size of Annandale is approximately 1.5 square kilometres. It has 14 parks covering nearly 7% of total area. The population of Annandale in 2011 was 8,668 people. By 2016 the population was 9,456 showing a population growth of 9.1% in the area during that time. The predominant age group in Annandale is 30-39 years. Households in Annandale are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Annandale work in a professional occupation. In 2011, 54.9% of the homes in Annandale were owner-occupied compared with 54.3% in 2016.
Annandale has 5,264 properties. Over the last 5 years, Houses in Annandale have seen a 30.45% increase in median value, while Units have seen a 12.79% increase. As at 31 December 2024:
- The median value for Houses in Annandale is $2,366,042 while the median value for Units is $1,024,540.
- Houses have a median rent of $950 while Units have a median rent of $620.
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