SOLD
Sold on 15 Nov 2023 for $1,360,000

2/612-622 King Street
Erskineville NSW 2043

Bedrooms: -
Bathrooms: 1
Car spaces: 2
Floor area: 33m2
Land area: 200m2
Save

Property Details for 2/612-622 King St, Erskineville

Building Type
Commercial
Year Built
2005
Floor Size
33m2
Land Size
200m2
Local Government
Sydney
Lot/Plan
25/SP75928

Last Listing description (June 2021)

We are pleased to offer this secure retail investment located along King Street, Erskineville on the cusp of both Newtown and St Peters.

Key Features include:
> Wide shopfront with excellent exposure

> Secure lease to established fitness operator
> Modern well maintained complex
> Two secure car spaces and a large storage cage located within the basement
> Leased until June 2023 plus a 3 year option
> Total area - Retail - 137sqm
Storage - 41sqm
Parking - 28sqm
Total - 206sqm

Property History for 2/612-622 King St, Erskineville, NSW 2043

A timeline of how this property has performed in the market
Last Sold
$1,360,000
15 Nov 2023
Listed for Rent
$400/w
21 Sep 2020
  • 15 Nov 2023
    Sold for $1,360,000
  • 06 Apr 2021
    Sold for $1,135,000
  • 22 Feb 2021
    Listed for Sale FOR SALE
Sign in to see more transactions

Commute Calculator

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 6,180 properties. Over the last 5 years, Houses in Erskineville have seen a 44.42% increase in median value, while Units have seen a 21.03% increase. As at 30 September 2024:

  • The median value for Houses in Erskineville is $1,918,601 while the median value for Units is $1,055,256.
  • Houses have a median rent of $900 while Units have a median rent of $800.
There are currently 38 properties listed for sale, and 24 properties listed for rent in Erskineville on OnTheHouse. According to CoreLogic's data, 282 properties were sold in the past 12 months in Erskineville.

Suburb Insights for Erskineville 2043

Market Insights
Erskineville Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Erskineville Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.