SOLD
RECENT ADVICE
Sold on 09 Oct 2024 for $2,010,000

404 Burwood Road
Belmore NSW 2192

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 71m2
Land area: 231m2
Sold By
First National Real Estate David Kay Belmore
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Property Details for 404 Burwood Rd, Belmore

404 Burwood Rd, Belmore is a 3 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 231m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom Unit sold in Belmore in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
71m2
Land Size
231m2
Local Government
Canterbury-Bankstown
Lot/Plan
3/2/DP8140

Last Listing description (October 2024)

Another Suburb Record by the David Kay Real Estate Team.

Offered to the market for the first time in 60 years, this prominent shop & residence positioned in the centre of Burwood Road thriving shopping village offers investors and future owner occupiers a rare opportunity to secure a commercial property in one of Sydney's most tightly held and fastest growing suburbs.

-A renowned and desirable location with great exposure in one of the busiest part of the Burwood Road shopping strip

-Entire ground floor is leased to variety store (rear lane access)

-Residence's leased separately with own entrances
(1 x 2br and 1 x 1br flat)

-Currently generating a gross annual income of $96,307.86 per annum* excluding GST

-Approximately 340sqm* of building across two levels

-Valuable rear lane access and secure loading bay from Paragon Lane

-Zoned B2 - Local Centre*, Height Limit 18m*

-Tightly held location with very limited opportunities to purchase commercial buildings

-Belmore Train Station within 220 metres* (New Metro line due 2025)*

Ideal for both investors and future owner-occupiers looking to secure a shop and two (2) separate residence's in one of the best locations on Burwood Road.

Auction: In Rooms, 9th October at 6pm at Belmore Bowling Club Hall at 1A Leyland's Parade Belmore (bidding registration from 5:30pm)

Inspect: By appointment or as advertised online

Details: Philip Madirazza on 0412 491 151 or philip@dkfn.com.au

*Denotes approx. and guide only

DISCLAIMER: Whilst all care has been taken in compiling information regarding properties marketed for rent or sale, we accept no responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. Virtual furniture may have been used and all parties should rely on their own investigation to validate information provided. David Kay Real Estate as exclusive agents are pleased to present this opportunity to market.

Property History for 404 Burwood Rd, Belmore, NSW 2192

A timeline of how this property has performed in the market
Last Sold
$2,010,000
09 Oct 2024
Listed for Rent
$47k/w
09 Aug 2023
  • 09 Oct 2024
    Sold for $2,010,000
  • 11 Sep 2024
    Listed for Sale Auction, In Rooms
  • 13 May 2024
    Sold
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About Belmore 2192

The size of Belmore is approximately 2.8 square kilometres. It has 12 parks covering nearly 4.9% of total area. The population of Belmore in 2011 was 12,574 people. By 2016 the population was 12,746 showing a population growth of 1.4% in the area during that time. The predominant age group in Belmore is 30-39 years. Households in Belmore are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmore work in a professional occupation. In 2011, 56.6% of the homes in Belmore were owner-occupied compared with 52.9% in 2016.

Belmore has 6,508 properties. Over the last 5 years, Houses in Belmore have seen a 62.60% increase in median value, while Units have seen a 19.76% increase. As at 31 October 2024:

  • The median value for Houses in Belmore is $1,583,226 while the median value for Units is $614,739.
  • Houses have a median rent of $750 while Units have a median rent of $550.
There are currently 33 properties listed for sale, and 40 properties listed for rent in Belmore on OnTheHouse. According to CoreLogic's data, 241 properties were sold in the past 12 months in Belmore.

Suburb Insights for Belmore 2192

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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.