95 Burwood RoadBurwood NSW 2134
Property Details for 95 Burwood Rd, Burwood
Last Listing description (September 2024)
RWC Sydney City Fringe and RWC Sydney North are delighted to present 95 Burwood Road, Burwood for sale by Public Auction.
95 Burwood Road presents an exceptional and rare opportunity to acquire a freehold investment, anchored by the National tenant 7-Eleven. Positioned in the highly sought-after retail precinct between Burwood Train Station and Burwood Westfield, this property benefits from a prominent corner location in an area renowned for its strong foot traffic.
With a long history being cherished by the current owners, this freehold investment is truly a rare value proposition, offered for the first time in over 30 years. This property is an outstanding investment or development opportunity in one of Sydney's most popular retail and dining hubs with Mixed-Use zoning.
95 Burwood Road is ripe for revitalisation by a new owner, given its extraordinary potential future development upside. This property is sure to excite the astute investor, offering a low risk and significant income stream, currently exceeding $390,865 + GST gross per annum*, providing stability and security for your investment.
Key Property Highlights:
- Land Area | 283 sqm*
- Net Lettable Area | 339 sqm*
- 3 x Street Frontages + rear parking for 3 cars
- Very generous development controls, 4.5:1 FSR and 60-metre height limit
- Freehold investment zoned MU1 Mixed Use
- Established and diverse income stream generating $390,865 + GST gross per annum*
- Prime position on Burwood Road, just 90 metres to Burwood Train Station and immediate proximity to key infrastructure including Westfield Burwood
*All figures are approximate
95 Burwood Road is being offered for sale via Auction on Thursday, 12th September 2024 at 10:30am (AEDT). The auction will be held on-site at 95 Burwood Road, Burwood.
For more information or to arrange an inspection, please contact the exclusive selling agents:
Kristian Morris
Principal and Licensee In Charge
RWC Sydney City Fringe
0411 415 297
Scott Stephens
Principal and Licensee In Charge
RWC Sydney North
0434 341 001
Property History for 95 Burwood Rd, Burwood, NSW 2134
- 12 Sep 2024Sold for $7,850,000
- 26 Jul 2024Listed for Sale AUCTION
- 18 Jun 2011Listed 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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