49-51 Burwood RoadBurwood NSW 2134
Property Details for 49-51 Burwood Rd, Burwood
Last Listing description (April 2024)
Superbly located to maximise high exposure, this two level multi tenanted commercial building on 239sqm* 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.
- Three retail shops on the ground floor and first floor commercial
- Fully leased prime investment with development upside (STCA)
- Rear lane access from Dunns Lane
- Gross income of $417,400 plus GST p.a. with the potential to increase
- FSR 3:1
- Versatile MU1 mixed use zoning
- 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
49-51 Burwood Road, Burwood will be offered for sale via an onsite Auction on Saturday 20th April, 2024 at 3:00pm
For more information or to arrange a private viewing please contact Romani Iskander on 0413 166 167 or romani@r-agents.com.au
*Approximate
Property Code: 367
Property History for 49-51 Burwood Rd, Burwood, NSW 2134
- 20 Apr 2024Sold for $8,340,000
- 19 Mar 2024Listed for Sale AUCTION
- 03 Feb 2022Listed 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 10,064 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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