LJ Hooker Commercial are pleased to offer to the market for Auction 4/10 Ferngrove Place, Chester Hill. The property represents an excellent opportunity to acquire an modern industrial asset, within a tightly held market.
The total building size including the office area is 252sqm. Located in the central west suburb of Chester Hill, the property has excellent access to the M4 Motorway.
* Unsurpassed opportunity to purchase a modern industrial property in Chester Hill
* 219sqm of warehouse (approx.)
* 33sqm Office (approx.)
* 3 car parking spaces
* Current tenant due to vacate 31/01/2024
Please contact LJ Hooker Commercial for additional information or to arrange your inspection.
The size of Chester Hill is approximately 4.1 square kilometres. It has 13 parks covering nearly 6.2% of total area. The population of Chester Hill in 2011 was 11,752 people. By 2016 the population was 12,790 showing a population growth of 8.8% in the area during that time. The predominant age group in Chester Hill is 0-9 years. Households in Chester Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chester Hill work in a clerical occupation. In 2011, 61.3% of the homes in Chester Hill were owner-occupied compared with 57.9% in 2016.
Chester Hill has 4,883 properties. Over the last 5 years, Houses in Chester Hill have seen a 56.21% increase in median value, while Units have seen a 26.07% increase. As at 31 July 2024:
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