SOLD
Sold on 15 May 2024 for $103,000,000

1 Central Avenue
Eveleigh NSW 2015

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2727m2
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Property Details for 1 Central Ave, Eveleigh

Building Type
Commercial
Land Size
2727m2
Local Government
Sydney
Lot/Plan
4006/DP1194309

Last Listing description (January 2023)

The Australian Technology Park precinct has undergone an extensive transformation with the completion of Commonwealth Bank Australia's campus as well as restoring the adjoining Locomotive Workshop with a vision centered around creating an innovation precinct that combines world class work, retail and community spaces.

The precinct has been designed to invite the local community in with high-quality retail, creative spaces, landscaping, heritage

interpretation and public art. New retail operators offer a diverse range of services in addition to those that are well established, with more to offer over the coming months. These include:
IGA
Xtend Barre
Eveleigh Lash & Brow
Moe & Co
Egg of the Universe
Charlotte's Little Sister
Bodyfit Fitness Centre
Funkichino
Alexandria Montessori Academy
Basketball, Tennis, Futsal Courts and exercise equipment
Barbeque areas

The available tenancy has a pleasant leafy outlook and has direct access to the adjoining park. The existing fitout consists of offices, boardroom / meeting room, kitchen / breakout area, server room and workstations.

The precinct benefits from excellent access to public transport being only 50m walk of the nearest bus stop, 600m to Redfern Station and 600m to Waterloo Metro Station.

For further information or to arrange an inspection please contact the exclusive listing agent.

Property History for 1 Central Ave, Eveleigh, NSW 2015

A timeline of how this property has performed in the market
Last Sold
$103,000,000
15 May 2024
Listed for Rent
$2.88k/w
16 Jan 2023
  • 15 May 2024
    Sold for $103,000,000
  • 21 Sep 2020
    Listed for Rent - Price not available
  • 12 Nov 2015
    Sold for $104,000,000

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About Eveleigh 2015

The size of Eveleigh is approximately 0.5 square kilometres. It has 6 parks covering nearly 8% of total area. The population of Eveleigh in 2011 was 472 people. By 2016 the population was 654 showing a population growth of 38.6% in the area during that time. The predominant age group in Eveleigh is 20-29 years. Households in Eveleigh are primarily single parents and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Eveleigh work in a professional occupation. In 2011, 32.7% of the homes in Eveleigh were owner-occupied compared with 19.7% in 2016..

Eveleigh has 271 properties. Over the last 5 years, Units in Eveleigh have seen a 48.78% increase in median value. As at 31 August 2024:

  • The median value for Houses in Eveleigh is $3,928,450 while the median value for Units is $1,360,328.
  • Units have a median rent of $795.
There are currently no properties listed for sale, and no properties listed for rent in Eveleigh on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Eveleigh.

Suburb Insights for Eveleigh 2015

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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.