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Sold on 07 Dec 2023 - Price Unavailable

14 Chard Road
Brookvale NSW 2100

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 900m2
Land area: 1012m2
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Property Details for 14 Chard Rd, Brookvale

Building Type
Commercial
Floor Size
900m2
Land Size
1012m2
Local Government
Northern Beaches
Lot/Plan
1/DP621482

Last Listing description (December 2023)

Discover the epitome of prime industrial real estate at 14 Chard Road, Brookvale – where unparalleled potential meets strategic location. This 2-storey, freehold titled industrial investment stands as a testament to meticulous maintenance and strategic reconfiguration opportunities. With a modern design, this versatile asset boasts a ground level mechanics workshop featuring impressive 2.9 metre* and 5 metre* ceiling heights, complemented by a mezzanine office/storage area above.

The property, currently under the esteemed banner of Tyrepower, showcases their commitment to quality, evident through the recent refurbishments.

Key Features:

- Modern Freehold Industrial Investment: A contemporary structure designed for optimal functionality, blending a ground floor mechanic workshop seamlessly with a mezzanine office and storage area.
- Prime Location: Nestled in the heart of Brookvale, 14 Chard Road offers strategic proximity to major arterial roads, including Pittwater Road, ensuring seamless connectivity to Sydney's bustling business districts.
- Renowned Tenant: Tyrepower, a local legend, occupies the space. With a stellar 5-star Google rating, they embody credibility and trustworthiness.
- Financial Prospects: Currently generating an impressive Net Rental Income of $151,689.05 p.a.* + GST, this property ensures a steady and favorable cash flow. The lease operates under a triple net lease structure, where tenants shoulder 100% of statutory outgoings, providing you with hassle-free ownership.
- Flexibility & Potential: With a sizable 1,000 sqm* site area and 889 sqm* of total building space, this property opens doors to diverse opportunities. Capitalize on the flexible E4 zoning (STCA), enabling you to reimagine the space according to your vision.
- Strategic Value-Add: Uncover the hidden potential within this property. Explore the avenues for repositioning or enhancing the existing setup, creating additional value and maximizing your investment.

Secure your stake in the thriving industrial landscape of Brookvale. 14 Chard Road beckons astute investors, promising a rewarding venture in one of Sydney's most coveted locations.

Don't miss your chance to invest in the booming Sydney industrial sector, characterized by record low vacancy rates, rising rental demand, and limited supply.

Contact our exclusive selling agents today to explore this exceptional investment opportunity.

Property History for 14 Chard Rd, Brookvale, NSW 2100

A timeline of how this property has performed in the market
Last Sold
07 Dec 2023
  • 07 Dec 2023
    Sold for $4,900,000
  • 16 Oct 2023
    Listed for Sale Expressions of Interest - Contact Agent
  • 05 Jun 2001
    Sold for $1,065,000

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About Brookvale 2100

The size of Brookvale is approximately 2.2 square kilometres. It has 4 parks covering nearly 9.5% of total area. The population of Brookvale in 2011 was 2,588 people. By 2016 the population was 3,148 showing a population growth of 21.6% in the area during that time. The predominant age group in Brookvale is 30-39 years. Households in Brookvale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brookvale work in a professional occupation. In 2011, 54.8% of the homes in Brookvale were owner-occupied compared with 53.9% in 2016.

Brookvale has 4,425 properties. Over the last 5 years, Houses in Brookvale have seen a 56.60% increase in median value, while Units have seen a 39.98% increase. As at 30 September 2024:

  • The median value for Houses in Brookvale is $2,611,437 while the median value for Units is $1,112,733.
  • Houses have a median rent of $950 while Units have a median rent of $720.
There are currently 11 properties listed for sale, and 14 properties listed for rent in Brookvale on OnTheHouse. According to CoreLogic's data, 139 properties were sold in the past 12 months in Brookvale.

Suburb Insights for Brookvale 2100

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Contact agent
Sean King
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Angus White
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Whitehouse Real Estate
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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.