146-164 Parramatta RoadCroydon NSW 2132
Property Details for 146-164 Parramatta Rd, Croydon
Last Listing description (May 2024)
John Hill & Co, in conjunction with Khoury & Partners, are delighted to offer to the market 146-164 Parramatta Road, 2-4 Cheltenham Road & 7 Royce Avenue, Croydon.
Strategically positioned within the Parramatta Road Urban Renewal Kings Bay Growth Precinct, only 543m approx. from the Burwood Metro station and directly across from Croydon Office Works, McDonald's, KFC and Shell Service Station.
Key property attributes include:
- Prime Inner West freehold
- Individually titled
- Land area 3,321 sqm
- Building area 2,400 sqm
- Abundance of customer/staff car parking at rear
- Three prominent street frontages with a high volume of cars passing daily
- Two easily accessible loading docks
- Majority of the asset is leased to national retailers - Fantastic Furniture, TLE and Telstra.
- Four tenants in total providing diversified income streams
- Rental reversion potential with demolition clauses in all leases
- Suitable as a lease investment, redevelopment, or owner occupier
- Further potential to amalgamate adjoining properties
- Part of Parramatta Road Urban Renewal Kings Bay Growth Precinct which includes proposed planning controls uplift
Being sold via Expressions of Interest
Property History for 146-164 Parramatta Rd, Croydon, NSW 2132
- 23 May 2024Sold
- 22 May 2024Listed for Sale Not Disclosed
- 13 May 2023Listed for Sale Not Disclosed
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0About Croydon 2132
The size of Croydon is approximately 2.5 square kilometres. It has 13 parks covering nearly 6.1% of total area. The population of Croydon in 2011 was 10,380 people. By 2016 the population was 10,610 showing a population growth of 2.2% in the area during that time. The predominant age group in Croydon is 20-29 years. Households in Croydon are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Croydon work in a professional occupation. In 2011, 68.1% of the homes in Croydon were owner-occupied compared with 66.2% in 2016.
Croydon has 4,467 properties.
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