SOLD
Sold on 06 Jun 2024 for $2,200,000

27 Rembrandt Street
Carlingford NSW 2118

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 759m2
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Property Details for 27 Rembrandt St, Carlingford

Building Type
Commercial
Floor Size
120m2
Land Size
759m2
Local Government
City Of Parramatta
Lot/Plan
209/DP206540

Last Listing description (June 2024)

Excellent Commercial Opportunity | Prime Corner Location | Excellent Potential

Situated directly opposite Carlingford Court Shopping Centre, this expansive 758sqm property benefits from unparalleled retail traffic, making it a hotspot for business success.
Boasting a valuable 27.1m frontage to Rembrandt Street, visibility and accessibility are second to none.

With existing use rights for medical purposes and zoning R2, the potential is limitless. Embrace the surrounding low and high-rise residential development, tapping into Western Sydney's incredible investment and population growth.

This property has a lease until June 2024, with long standing tenants Douglas Pathology.
Allowing the perfect opportunity to either move in and establish your business or capitalise on its future leasing potential.

Key features:
- Onsite parking 10 + double garage
- Prime Corner location
- Huge amount of retail passing trade
- Existing medical use rights (STCA)
- 27.1 metre street frontage
- Existing tenant pays solid rental income (circa $170,000 PA excl GST)

Whether you're seeking a strategic investment or a prime location to launch your business, this is the opportunity you've been waiting for.

Water: approx. $126.18 per quarter
Council: approx. $1,031.20 per quarter

All descriptions, sizes pricing and references contained in this advertisement are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact but must satisfy themselves within other formal documentation and where necessary seek advice.

Property History for 27 Rembrandt St, Carlingford, NSW 2118

A timeline of how this property has performed in the market
Last Sold
$2,200,000
06 Jun 2024
  • 06 Jun 2024
    Sold for $2,200,000
  • 16 Apr 2024
    Listed for Sale SOLD
  • 08 Apr 2024
    Listed for Rent - Price not available
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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 11,463 properties. Over the last 5 years, Houses in Carlingford have seen a 42.30% increase in median value, while Units have seen a 11.02% increase. As at 30 November 2024:

  • The median value for Houses in Carlingford is $2,028,538 while the median value for Units is $762,575.
  • Houses have a median rent of $800 while Units have a median rent of $680.
There are currently 82 properties listed for sale, and 48 properties listed for rent in Carlingford on OnTheHouse. According to CoreLogic's data, 614 properties were sold in the past 12 months in Carlingford.

Suburb Insights for Carlingford 2118

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.