SOLD
Sold on 26 Mar 2024 for $730,000

1/55 Sorlie Road
Frenchs Forest NSW 2086

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1356m2
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Property Details for 1/55 Sorlie Rd, Frenchs Forest

Building Type
Commercial
Year Built
2011
Land Size
1356m2
Local Government
Northern Beaches
Lot/Plan
1/SP82357

Last Listing description (December 2022)

Boasting a very convenient position, with a welcoming community ambience and presence, this retail shop is perfectly placed for a range of business types. The security building and retail strip is home to a number of other local businesses which gives it a nice warm welcoming. This is your chance to be a part of the local Frenchs Forest community and 5-star Northern Beaches Hospital precinct, which is only moments away.

* Total internal area: 78m2
* DA approved shop for hair dressing

* Currently fully fitted as a salon and ready to occupy or renovate and change to your scope
* Fantastic street exposure and flexible open floor plan
* Excellent natural light with windows fronting the street and leafy outlook
* Occupy or invest into the local community of around 13,000+ residents of Frenchs Forest
* Air-conditioning inside the space, suitable for multiple business uses
* Nicely presented security building with male, female and disabled toilets
* Internal kitchenette and toilet
* 1 security car space
* Separate 4m2 additional storage room included (Currently fitted as a laundry)
* 29 visitor under cover car park with internal lift and additional street parking out the front and surrounding streets
* Disabled access from the street or lift from visitors car park
* Occupy or invest
* Estimated market rent = $36,000 Net + Outgoings + GST per annum
* Zoning - B1 Neighbourhood Centre
* Outgoings $7,852 approx per annum

Great corner position fronting directly onto Sorlie Road, with its leafy surrounds and community feel, this shop is perfectly situated close to all local amenities. Moments away from schools, Lionel Watts reserve and Frenchs Forest showground, Glenrose Shopping Village, bus stops and main roads, the property is very well placed in terms of connectivity, convenience and accessibility.

Call Vincent West on 0403 444 000 or Oliver Rosati 0428 877 888 today for your inspection.

**All rentals are per annum and quoted areas/measurements are approximations only**

Property History for 1/55 Sorlie Rd, Frenchs Forest, NSW 2086

A timeline of how this property has performed in the market
Last Sold
$730,000
26 Mar 2024
  • 26 Mar 2024
    Sold for $730,000
  • 02 Dec 2022
    Sold for $615,500
  • 16 Sep 2022
    Listed for Sale Contact Agent
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About Frenchs Forest 2086

The size of Frenchs Forest is approximately 8.4 square kilometres. It has 36 parks covering nearly 19.2% of total area. The population of Frenchs Forest in 2011 was 13,191 people. By 2016 the population was 13,467 showing a population growth of 2.1% in the area during that time. The predominant age group in Frenchs Forest is 40-49 years. Households in Frenchs Forest are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Frenchs Forest work in a professional occupation. In 2011, 87.9% of the homes in Frenchs Forest were owner-occupied compared with 84.7% in 2016.

Frenchs Forest has 5,152 properties. Over the last 5 years, Houses in Frenchs Forest have seen a 48.80% increase in median value, while Units have seen a 29.78% increase. As at 31 October 2024:

  • The median value for Houses in Frenchs Forest is $2,195,909 while the median value for Units is $1,720,843.
  • Houses have a median rent of $1,225 while Units have a median rent of $635.
There are currently 21 properties listed for sale, and 15 properties listed for rent in Frenchs forest on OnTheHouse. According to CoreLogic's data, 186 properties were sold in the past 12 months in Frenchs forest.

Suburb Insights for Frenchs Forest 2086

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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.