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Sold on 15 Jun 2024 - Price Unavailable

177 Burwood Road
Burwood NSW 2134

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 313m2
Land area: 255m2
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Property Details for 177 Burwood Rd, Burwood

Building Type
Commercial
Floor Size
313m2
Land Size
255m2
Local Government
Burwood
Lot/Plan
3/DP152023

Last Listing description (June 2024)

177 Burwood Road, Burwood presents an outstanding, fully leased retail investment opportunity compromising of a shop front on ground level and an upstairs area, currently occupied by a long-term tenant, with a long-term lease, with a fantastic return and demolition clause in lease.

This commercial premises is perfectly situated on Burwood Road, Burwood with constant passing trade and is situated amongst other well established local businesses. This offering provides investors a secure investment with strong covenants in an ever growing and developing market poised for ongoing future growth.

Perfectly situated only a 200m walk to Burwood train station and Burwood plaza and China town food precinct as well as 900meters to Burwood Westfields. This is the ideal investment opportunity for the astute investor seeking an affluent retail investment, located in an area with ongoing future growth.

- Highly Desirable Location
- Zoned B4
- High Limit 30 Metres
- FSR: 3:1
- 255 Sqm approx.

DISCLAIMER: Whilst RAY WHITE Zoom Group have taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. RAY WHITE Zoom Group , urge prospective purchasers to make their own inquiries to verify the information contained herein.

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Property History for 177 Burwood Rd, Burwood, NSW 2134

A timeline of how this property has performed in the market
Last Sold
15 Jun 2024
  • 15 Jun 2024
    Sold for $3,500,000
  • 03 May 2024
    Listed for Sale AUCTION
  • 04 Apr 2023
    Listed for Sale FOR SALE

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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 10,124 properties. Over the last 5 years, Houses in Burwood have seen a 82.72% increase in median value, while Units have seen a 15.59% increase. As at 31 July 2024:

  • The median value for Houses in Burwood is $2,993,700 while the median value for Units is $897,590.
  • Houses have a median rent of $920 while Units have a median rent of $750.
There are currently 78 properties listed for sale, and 90 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 385 properties were sold in the past 12 months in Burwood.

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Ray White Burwood NSW
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