12/177-219 Mitchell RoadErskineville NSW 2043
Property Details for 12/177-219 Mitchell Rd, Erskineville
Last Listing description (July 2024)
Occupying a prominent corner setting beneath the Sydney Park Apartments, this boutique offering presents a great opportunity in the heart of Inner Sydney. Currently tenanted by a children's bookshop, the premises is ideal for an owner occupier or astute investor, with opportunity to take advantage of going concern. In a village of established shops including a caf, convenience store and beauty salon, this thriving neighbourhood pocket offers excellent connectivity. Just over 4km from the city centre and with easy access to arterial roads, it's just steps from Sydney Park, St Peters and Erskineville Stations, universities, and the vibrant King Street Newtown hub.
110sqm (approx) shop, north aspect
3.3m ceilings, polished concrete floors
Ideal for medical, office or retail use
Prominent setting facing Coulson Street
Access to pools, gym & tennis courts
Potential to add to super fund portfolio
Property History for 12/177-219 Mitchell Rd, Erskineville, NSW 2043
- 26 Jul 2024Sold for $540,000
- 26 Jun 2024Listed for Sale For Sale $550,000
- 06 Oct 2023Listed for Sale For Sale $550,000
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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 6,238 properties. Over the last 5 years, Houses in Erskineville have seen a 45.82% increase in median value, while Units have seen a 27.35% increase. As at 31 July 2024:
- The median value for Houses in Erskineville is $1,840,300 while the median value for Units is $1,054,957.
- Houses have a median rent of $900 while Units have a median rent of $800.
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