468 Sydney Rd, Balgowlah is a 3 bedroom, 1 bathroom House. The property has a land size of 597m2.
Superbly located, this mixed use Commercial / Residential opportunity is within 10 minutes to Manly, and 750m from the Stockland Shopping Centre. Composing the entirety of a strata scheme, this offering falls within B1 Neighborhood Centre zoning under the Manly LEP. With three separate tenancies, the property offers a secure income for the potential buyer while providing the opportunity to occupy part of the site immediately, and potentially all of the property in due course.
The popular Sydney Road Veterinary Clinic is located street side, and is a long standing member of the local commercial community. In addition there are two residential duplex properties included in the sale, recently constructed with fantastic appointment and design.
The size of Balgowlah is approximately 1.9 square kilometres. It has 12 parks covering nearly 13% of total area. The population of Balgowlah in 2011 was 7,494 people. By 2016 the population was 7,952 showing a population growth of 6.1% in the area during that time. The predominant age group in Balgowlah is 40-49 years. Households in Balgowlah are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balgowlah work in a professional occupation. In 2011, 66.7% of the homes in Balgowlah were owner-occupied compared with 65.8% in 2016.
Balgowlah has 4,313 properties. Over the last 5 years, Houses in Balgowlah have seen a 47.34% increase in median value, while Units have seen a 51.93% increase. As at 30 September 2024:
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