SOLD
Sold on 06 Feb 2024 for $540,000

5/42-46 Wattle Road
Brookvale NSW 2100

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 88m2
Land area: 10200m2
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Property Details for 5/42-46 Wattle Rd, Brookvale

Building Type
Commercial
Year Built
2004
Floor Size
88m2
Land Size
10200m2
Local Government
Northern Beaches
Lot/Plan
6/SP72321

Last Listing description (October 2023)

This is a fantastic opportunity to purchase an investment property which is currently operating a jewellery business in this high activity area within Brookvale's bustling industrial CBD. This property comes with floor-to-ceiling frontage which provides loads of natural light and signage opportunities.

* Total area 80sqm
* 2 car spaces

* Prominent glass frontage
* Excellent signage options with exposure to Mitchell & Wattle Roads (STCA)
* Great natural light
* Internal curtains to front glazing
* Air conditioning
* Kitchenette
* Internal bathroom
* High ceilings
* Dual access, from street and from rear common area
* Access to communal disabled amenities if required
* Cafe located directly next door
* Lease terms 15/4/23 14/4/25
* Option period 15/4/25 14/4/26
* Annual rental income - $28,150 Gross + GST
* Annual reviews CPI or 4% whichever is greater
* Outgoings approx. $6,773.07 per annum

A rare opportunity to secure this prime showroom/office with exposure to one of Brookvale's busiest roads. Situated on the corner of Wattle Road & Mitchell Road, just a stone throw away from Westfield Warringah Mall, Australia Post, banks, potential suppliers and clients. Pittwater & Warringah Road are close by for access to Greater Sydney.

Call Paul Cunningham on 0413 161 661 or Saxon Stonehouse 0408 033 330 today for your inspection.

***All rentals are per annum & areas/measurements are approximations. It is up to lessees/purchasers to conduct their own investigations regarding any approvals required by governing authorities***

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Property History for 5/42-46 Wattle Rd, Brookvale, NSW 2100

A timeline of how this property has performed in the market
Last Sold
$540,000
06 Feb 2024
Listed for Rent
$539/w
28 Feb 2023
  • 06 Feb 2024
    Sold for $540,000
  • 06 Oct 2023
    Listed for Sale $545,000
  • 27 Mar 2023
    Listed for Rent - Price not available
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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.

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