73 Lyons RoadDrummoyne NSW 2047
Property Details for 73 Lyons Rd, Drummoyne
Last Listing description (May 2011)
PRIME COMMERCIAL INVESTMENT
The increasingly popular Lyons Road retail precinct offers one of the best opportunities in years.
Currently 100% leased for retail and commercial purposes, the property is configured to allow for dual incomes via retail and/or residential tenancies.
Pristine condition and presentation, the property requires minimal capital expenditure and exhibits excellent lease terms making for a very sound investment.
Property History for 73 Lyons Rd, Drummoyne, NSW 2047
- 22 Oct 2024Sold for $2,000,000
- 09 May 2011Sold for $1,125,000
- 10 Mar 2011Listed for Sale $1,275,000
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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 7,161 properties. Over the last 5 years, Houses in Drummoyne have seen a 38.97% increase in median value, while Units have seen a 27.48% increase. As at 30 November 2024:
- The median value for Houses in Drummoyne is $3,096,457 while the median value for Units is $1,297,312.
- Houses have a median rent of $900 while Units have a median rent of $770.
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