424 Burwood RoadBelmore NSW 2192
Property Details for 424 Burwood Rd, Belmore
Last Listing description (September 2024)
Sold by Navid Nawaz 0402604766
Amazing precious Belmore main business stretch for maximum exposure. A strong price growth over the years made Belmore a lucrative investment destination. Superbly positioned within the future high-rise mixed-development zone. Freestanding building and no strata. Secured leased for shop front and back lane access for the shop top residence. Currently a precious metal business operating the shops and 3 bedroom unit tenanted separately driveway access from the back lane. Exceptional shop front exposure for various business activities and real lane access for parking. Position describes itself and this kind of rare find outstanding opportunity not to be missed.
Property offers:-
3 bedroom unit on the 1st floor
Rear lance access and driveway
Potential extension at the back
High-rise business precinct
Secured tenant
Various business and development potential.
No strata
Navid can be contacted on 0402604766 for a confidential discussion or for a private inspection
Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy; we do not accept any responsibility for its accuracy and do no more than pass it on. Any interested persons should rely on their own enquiries.
Property History for 424 Burwood Rd, Belmore, NSW 2192
- 04 Sep 2024Sold for $1,420,000
- 27 Jun 2024Listed for Sale $1,450,000 - $1,500,000
- 20 May 2022Listed for Rent - Price not available
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0About 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 6,509 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.
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