173 Burwood RoadBurwood NSW 2134
Property Details for 173 Burwood Rd, Burwood
Last Listing description (June 2024)
Strathfield Partners presents an excellent opportunity to purchase a fully tenanted building comprising of two ground floor retail shops and two first floor office spaces with rear access.
Superbly located to maximise high exposure, this two-level commercial building on 449m Approx. of land provides an outstanding opportunity for investors, occupiers and developers. Situated in a superior location in the heart of Burwood, on the doorstep of Burwood train station, Burwood Westfield and Burwood Plaza.
* Land Area 449m Approx.
* Ground floor retail, first floor offices
* Rear access via Belmore Street
* Prime investment with development upside (STCA)
* Two Titles
* Height Limit 30m
* Gross income of $305,715.96 incl GST p.a.
* FSR 3:1
* Zone B4 Mixed Use
Ideally positioned in close proximity to bus stops, train stations as well as major arterial roads including Parramatta Road, Hume Highway and the M4 motorway.
Disclaimer: We have in preparing this document, used our best endeavours to ensure that all the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements contained in this document.
Property History for 173 Burwood Rd, Burwood, NSW 2134
- 05 Aug 2024Sold for $6,600,000
- 17 May 2024Listed for Sale SOLD AT AUCTION $6,600,000
- 09 Oct 2023Listed for Rent - Price not available
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About Burwood 2134
The size of Burwood is approximately 2.5 square kilometres. It has 7 parks covering nearly 3.9% of total area. The population of Burwood in 2011 was 12,466 people. By 2016 the population was 16,011 showing a population growth of 28.4% in the area during that time. The predominant age group in Burwood is 20-29 years. Households in Burwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burwood work in a professional occupation. In 2011, 50.3% of the homes in Burwood were owner-occupied compared with 42.1% in 2016.
Burwood has 10,063 properties. Over the last 5 years, Houses in Burwood have seen a 54.24% increase in median value, while Units have seen a 17.33% increase. As at 31 October 2024:
- The median value for Houses in Burwood is $2,797,892 while the median value for Units is $940,277.
- Houses have a median rent of $835 while Units have a median rent of $773.
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