18 Glen StreetEastwood NSW 2122
Property Details for 18 Glen St, Eastwood
Last Listing description (October 2024)
Open for Inspection Wednesdays 1:00 - 2:00pm
FREEHOLD COMMERCIAL BUILDING
Ray White Elevate are pleased to present 18 Glen Steet Eastwood.
This property represents a rare opportunity to acquire a large freehold commercial asset consisting of a 2 storey with basement carpark office / showroom / retail commercial area.
In addition, capitalise on the flexible planning controls which makes this site a significant development opportunity (S.T.C.A).
This significant site is located in the bustling commercial and residential precinct of the Eastwood CBD. Situated next to well-known Korean BBQ eatery, close to Shopping Centre and walking distance to train station. Opposite high rise residential / commercial developments
Additional highlights of the property include:
• Site area 908sqm*
• Existing building area 1632sqm*
• Office, warehouse and retail showroom plus basement parking
• Zone MU1 Mixed Use / 21.5m height limit
• 18.29m* frontage on to the bustling Glen Street
• High profile location
• To be sold as a going concern
• 7min* walk to Eastwood Train Station
• Suitable for investors, occupiers or developers
Partially leased
* Approx.
Property History for 18 Glen St, Eastwood, NSW 2122
- 02 Oct 2024Sold
- 29 Aug 2024Listed for Sale Sold At Auction
- 09 Jul 2018Listed for Rent $70,000 / year
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About Eastwood 2122
The size of Eastwood is approximately 5.2 square kilometres. It has 38 parks covering nearly 8.1% of total area. The population of Eastwood in 2011 was 16,193 people. By 2016 the population was 17,880 showing a population growth of 10.4% in the area during that time. The predominant age group in Eastwood is 20-29 years. Households in Eastwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eastwood work in a professional occupation. In 2011, 66.3% of the homes in Eastwood were owner-occupied compared with 61.9% in 2016.
Eastwood has 8,681 properties. Over the last 5 years, Houses in Eastwood have seen a 70.68% increase in median value, while Units have seen a 17.43% increase. As at 31 October 2024:
- The median value for Houses in Eastwood is $2,618,135 while the median value for Units is $890,816.
- Houses have a median rent of $880 while Units have a median rent of $620.
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