7/147 Victoria RoadDrummoyne NSW 2047
Property Details for 7/147 Victoria Rd, Drummoyne
7/147 Victoria Rd, Drummoyne is a 0 bedroom, 0 bathroom Unit. The property has a land size of 386m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (February 2023)
Buy in to Drummoyne's revitalised high street and reap the benefits. Set at the heart of this exclusive Inner West suburb, this boutique 25sqm ground floor retail space is ideally located for high exposure and easy access. Fronting on to Edwin Street, there's plenty of pedestrian and vehicle traffic with excellent signage opportunities to attract passing trade, and the convenience of parking and buses at the door. The property is currently leased to long established hair salon Senso Hair until 2026 and shows a strong and steady return on investment. With an open layout, internal bathroom, kitchenette and direct access to council parking, this property has broad appeal for niche retail, consultancy, professional services or health & beauty businesses.
+ 3.8m frontage with floor to ceiling display window & entry door
+ High visibility signage options on faade, window and front awning
+ Rear door access to council parking area on Formosa Street
+ Constant pedestrian traffic with Harris Farm & Dominos nearby
+ Next door to major new residential & commercial development
+ City, Ryde, Parramatta, Chatswood and Inner West buses nearby
+ Family-friendly suburb with high income, professional demographic
+ Ideal passive investment or add to SMSF portfolio
+ Tightly held strata strip of 9 retail shops
Property History for 7/147 Victoria Rd, Drummoyne, NSW 2047
- 14 Feb 2023Sold for $570,000
- 16 Dec 2022Listed for Sale $599,000
- 12 Feb 2015Sold for $300,000
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0About Drummoyne 2047
The size of Drummoyne is approximately 2.3 square kilometres. It has 19 parks covering nearly 9.5% of total area. The population of Drummoyne in 2011 was 11,377 people. By 2016 the population was 11,946 showing a population growth of 5.0% in the area during that time. The predominant age group in Drummoyne is 30-39 years. Households in Drummoyne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Drummoyne work in a professional occupation. In 2011, 61.6% of the homes in Drummoyne were owner-occupied compared with 59.8% in 2016.
Drummoyne has 7,142 properties. Over the last 5 years, Houses in Drummoyne have seen a 41.56% increase in median value, while Units have seen a 27.97% increase. As at 31 October 2024:
- The median value for Houses in Drummoyne is $2,993,235 while the median value for Units is $1,289,387.
- Houses have a median rent of $950 while Units have a median rent of $760.
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