98 Wentworth RoadBurwood NSW 2134
Property Details for 98 Wentworth Rd, Burwood
Last Listing description (November 2024)
98-100 Wentworth Road & 9-11 Oxford Street, Burwood
Ray White Commercial (SC) is pleased to present to market an outstanding development opportunity close to Burwood town centre. The property, located at 98-100 Wentworth Road & 9-11 Oxford Street, Burwood will be offered for sale via Expressions of Interest.
With dual frontage and a 3:1 FSR this site offers a wide range of permissible uses, including multi-dwelling housing, apartments, and shop-top housing, making it a highly versatile development opportunity.
Burwood is a vibrant and growing family-oriented community in Sydney's inner west, just 10 km from the CBD. The area features a blend of commercial, residential, and retail developments, along with a lively nighttime economy centred around its cultural precincts and entertainment venues.
Additional highlights of the asset include:
• Land Size: 968 sqm*
• Zoning: R1 General Residential
• Floor Space Ratio: 3 : 1
• Height Limit: 26m
• Passing Rental Income: $174,200 per annum
• Suitable for multiple development options including childcare, townhouses, apartments, shop-top housing (S.T.C.A)
• Directly opposite Burwood Public School
• 500m* to Burwood Bus Interchange
• 600m* to Burwood Station
• 650m* to Burwood Plaza
• 700m* to Santa Sabina College
• 850m* to Strathfield Station
• 1.2km* to Westfield Burwood
98-100 Wentworth Road & 9-11 Oxford Street, Burwood is offered for sale via Expressions of Interest, closing on 31 October 2024 at 12pm (AEDT).
For further information, please contact the exclusive selling agents below.
^STCA
*Approximately
Property History for 98 Wentworth Rd, Burwood, NSW 2134
- 14 Nov 2024Sold
- 26 Sep 2024Listed for Sale EXPRESSIONS OF INTEREST
- 19 Nov 2019Sold for $1,700,000
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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 10,131 properties. Over the last 5 years, Houses in Burwood have seen a 60.22% increase in median value, while Units have seen a 13.55% increase. As at 30 November 2024:
- The median value for Houses in Burwood is $2,766,604 while the median value for Units is $934,864.
- Houses have a median rent of $800 while Units have a median rent of $775.
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