165 Pennant Hills RoadCarlingford NSW 2118
Property Details for 165 Pennant Hills Rd, Carlingford
165 Pennant Hills Rd, Carlingford is a 8 bedroom, 8 bathroom House. The property has a land size of 2256m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
Last Listing description (August 2020)
Ray White Commercial is pleased to present 165 Pennant Hills Road, Carlingford for sale via Expressions of Interest closing Wednesday 22 July 2020 at 3pm.
Unique opportunity for the astute investor to secure a substantial land holding of 2,245m2* leased to well-known not-for-profit organisation on a 3 + 3 years lease term. Configured into an administration/ commercial building and eight (8) self-contained villas with additional common room.
The property benefits from many existing improvements that could be readapted or alternatively re-configured to generate a secure holding income with multiple income streams.
Highlights of the property include:
* Fully tenanted specialised accommodation complex
* Main administration/ commercial building with eight (8) self-contained villas and common room
* Brand new 3 + 3 years lease to well-known not-for-profit organisation
* Annual net income of $150,000*
* Tenant pays all outgoings
* Zoned R2 Low Density Residential
* Generous land parcel of 2,245m2*
* Immediate access to Parramatta CBD
Expressions Of Interest closing Wednesday 22 July 2020 at 3pm.
For more information please contact the exclusive agents.
Property History for 165 Pennant Hills Rd, Carlingford, NSW 2118
- 12 Aug 2020Sold for $3,005,000
- 22 Jun 2020Listed for Sale Expressions of Interest
- 19 Jun 1981Sold for $121,500
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About Carlingford 2118
The size of Carlingford is approximately 8.5 square kilometres. It has 50 parks covering nearly 12.8% of total area. The population of Carlingford in 2011 was 21,570 people. By 2016 the population was 24,394 showing a population growth of 13.1% in the area during that time. The predominant age group in Carlingford is 40-49 years. Households in Carlingford are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carlingford work in a professional occupation. In 2011, 75.8% of the homes in Carlingford were owner-occupied compared with 69.8% in 2016.
Carlingford has 11,341 properties. Over the last 5 years, Houses in Carlingford have seen a 48.54% increase in median value, while Units have seen a 6.74% increase. As at 31 October 2024:
- The median value for Houses in Carlingford is $2,068,847 while the median value for Units is $724,920.
- Houses have a median rent of $800 while Units have a median rent of $675.
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