SOLD
RECENT ADVICE
Sold on 04 Oct 2024 - Price Unavailable

1 Aluminium Close
Edgeworth NSW 2285

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 620m2
Land area: 2287m2
Sold By
Dowling Commercial
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Property Details for 1 Aluminium Cl, Edgeworth

Building Type
Commercial
Floor Size
620m2
Land Size
2287m2
Local Government
Lake Macquarie
Lot/Plan
4/DP830623

Last Listing description (October 2024)

Comprising 4 industrial units fully tenanted by 2 established businesses having occupied these premises since 2014.

Each unit of 160m2 (approx) is serviced by an individual shower, toilet and washroom areas along with built in offices.

Tenants on 3 year Leases with annual rent increases.

Current net income of $84,164 pa (approx).

Property History for 1 Aluminium Cl, Edgeworth, NSW 2285

A timeline of how this property has performed in the market
Last Sold
04 Oct 2024
  • 04 Oct 2024
    Sold
  • 23 May 2024
    Listed for Sale $1,590,000
  • 23 Feb 2009
    Sold for $620,000
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About Edgeworth 2285

The size of Edgeworth is approximately 7 square kilometres. It has 13 parks covering nearly 11.6% of total area. The population of Edgeworth in 2011 was 6,251 people. By 2016 the population was 6,191 showing a population decline of 1.0% in the area during that time. The predominant age group in Edgeworth is 0-9 years. Households in Edgeworth are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Edgeworth work in a trades occupation. In 2011, 72.5% of the homes in Edgeworth were owner-occupied compared with 70.3% in 2016.

Edgeworth has 3,714 properties. Over the last 5 years, Houses in Edgeworth have seen a 58.80% increase in median value, while Units have seen a 62.01% increase. As at 31 October 2024:

  • The median value for Houses in Edgeworth is $716,360 while the median value for Units is $533,294.
  • Houses have a median rent of $610 while Units have a median rent of $525.
There are currently 49 properties listed for sale, and 9 properties listed for rent in Edgeworth on OnTheHouse. According to CoreLogic's data, 203 properties were sold in the past 12 months in Edgeworth.

Suburb Insights for Edgeworth 2285

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.