5/87 Reserve RoadArtarmon NSW 2064
Property Details for 5/87 Reserve Rd, Artarmon
Last Listing description (May 2009)
INDUSTRIAL INVESTMENT
EXCELLENT INVESTMENT IN THE HEART OF ARTARMON, WITH FOUR TENANCIES ON LEASES PLUS 4 CAR SPACES. SUITABLE FOR INDUSTRIAL USES.
FACILITIES INCLUDE:
* AMPLE PARKING
* OWN FACILITIES
* LOADING BAYS
THIS PROPERTY IS A HIGH SECURITY FACILITY WITH WALLS SHEETED IN STEEL AND HAS UNLOADING BAYS SEPARATE FROM THE WAREHOUSE.
THERE ARE TEMPERATURE CONTROLLED SECTIONS, WHICH MAKES IT SUITABLE FOR DOCUMENT STORAGE AS THE CONTROLS ALSO MONITOR DUST AND MOISTURE.
THIS IS A VERY SAFE INVESTMENT!
COUNCIL RATES: $1,360
WATER RATES: $463.96
STRATA LEVY: $10,340
TOTAL OUTGOINGS: $12,163.96
GROSS INCOME: $178,595
NET INCOME: $166,431
INSPECTIONS: STRICTLY BY APPOINTMENT
CONTACT: FRANK BIRD 0417 427 310
Property History for 5/87 Reserve Rd, Artarmon, NSW 2064
- 16 Apr 2015Listed for Rent $80,731 / year
- 10 Oct 2014Listed for Rent $105,000 / year
- 24 Jun 2010Listed for Rent - Price not available
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0About Artarmon 2064
The size of Artarmon is approximately 2.5 square kilometres. It has 11 parks covering nearly 7.7% of total area. The population of Artarmon in 2011 was 8,642 people. By 2016 the population was 9,513 showing a population growth of 10.1% in the area during that time. The predominant age group in Artarmon is 30-39 years. Households in Artarmon are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Artarmon work in a professional occupation. In 2011, 51.2% of the homes in Artarmon were owner-occupied compared with 47.9% in 2016.
Artarmon has 5,309 properties. Over the last 5 years, Houses in Artarmon have seen a 60.69% increase in median value, while Units have seen a 31.32% increase. As at 31 July 2024:
- The median value for Houses in Artarmon is $3,701,020 while the median value for Units is $1,086,681.
- Houses have a median rent of $1,325 while Units have a median rent of $700.
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