104/104A Swanson StreetErskineville NSW 2043
Property Details for 104/104a Swanson St, Erskineville
Last Listing description (November 2024)
Ray White Commercial (SC) proudly presents 104 & 104A Swanson Street, Erskineville, NSW - a blank canvas mixed-use property offered for sale by the Mortgagee in Possession. This property will be sold via Auction on Thursday, 14 November 2024, unless sold prior.
Our instructions are clear: the property MUST BE SOLD.
This substantial freehold property offers a unique opportunity for developers, investors, or owner-occupiers to secure a piece of real estate in the desirable inner west. The property features two commercial shops on the ground floor, with two residential units at the rear and upstairs, providing a diverse income stream.
Located in the vibrant heart of Erskineville, directly opposite a park and within walking distance to Erskineville Station and village, this property offers ample street parking and proximity to popular areas such as Alexandria and Newtown.
Additional highlights of the site include:
2 x commercial premises with excellent street frontage and foot traffic
2 x 2-bedroom residential apartments with separate rear/side access
Land Size: 202 sqm*
Internal Area: 240 sqm*
Art Deco style building with high ceilings throughout
Prime entertainment precinct location
Park views
Blank canvas opportunity with potential for repositioning or redevelopment^
350m* to Erskineville Station & 1km* to Newtown Station
4km* to Sydney CBD & 5km* to Sydney Airport
Offered with vacant possession
104 & 104A Swanson Street, Erskineville is offered for sale via Auction on Thursday, 14 November 2024 at 12:30pm (AEDT). The Auction will be held at AuctionWORKS, 50 Margaret Street, Sydney NSW 2000.
For further information, please contact the exclusive selling agents below.
*Approximately
^STCA
Property History for 104/104a Swanson St, Erskineville, NSW 2043
- 14 Nov 2024Sold
- 24 Oct 2024Listed for Sale AUCTION
- 08 Jul 2024Listed for Sale AUCTION
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About Erskineville 2043
The size of Erskineville is approximately 0.8 square kilometres. It has 11 parks covering nearly 9.5% of total area. The population of Erskineville in 2011 was 6,847 people. By 2016 the population was 8,021 showing a population growth of 17.1% in the area during that time. The predominant age group in Erskineville is 30-39 years. Households in Erskineville are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Erskineville work in a professional occupation. In 2011, 47% of the homes in Erskineville were owner-occupied compared with 47.1% in 2016.
Erskineville has 6,260 properties. Over the last 5 years, Houses in Erskineville have seen a 31.68% increase in median value, while Units have seen a 20.46% increase. As at 30 November 2024:
- The median value for Houses in Erskineville is $1,905,797 while the median value for Units is $1,082,056.
- Houses have a median rent of $900 while Units have a median rent of $800.
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