SOLD
Sold on 06 Sep 2024 for $1,650,000

284 Victoria Road
Gladesville NSW 2111

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 223m2
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Property Details for 284 Victoria Rd, Gladesville

Building Type
Commercial
Land Size
223m2
Local Government
Ryde
Lot/Plan
57/DP10598

Last Listing description (May 2024)

RWC Western Sydney is pleased to present 284 Victoria Road, Gladesville for sale via Private Treaty.

An exceptional opportunity to acquire this two storey retail property situated along the bustling Gladesville retail precinct. This presents an excellent occupation as well as value add opportunity for businesses and investors alike.

Situated on an 215 sqm* block, the property is well exposed to both foot traffic and vehicular traffic with exposure from Victoria Road. Ideal for owner occupiers and investors alike, the properties strategic location provides convenient access to Sydney CBD.

Key Features:
MU1 Mixed-Use Zoning: Versatile application in a dynamic setting
Planning Control: HOB 12m & 19m, FSR 2.3: 1
Land Area: Approximately 215 sqm*
Retail Space: Nearly 153 sqm* on the ground floor
Lower Ground Floor: Nearly 123 sqm* with rear lane access and a 3m height clearance , ideal for warehouse and storage use.
Immediate Upside Potential: Scope for a second level for residential or commercial use^
Future Development Potential: The zoning is permissible for high-rise mixed use project^
Lease or Occupy: Suitable for multiple or combined occupancies with great retail exposure.
Location: Premium spot between Sydney and Parramatta CBDs, and close to waterfront suburbs.
High Traffic Area: Approximately 48,516 daily commuters on Victoria Road.^^

For more information, please contact agents.

*Approx.
^S.T.C.A

Property History for 284 Victoria Rd, Gladesville, NSW 2111

A timeline of how this property has performed in the market
Last Sold
$1,650,000
06 Sep 2024
  • 06 Sep 2024
    Sold for $1,650,000
  • 29 Sep 2023
    Listed for Sale For Sale $2 - $2.1m
  • 19 Dec 2016
    Sold for $1,300,000

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About Gladesville 2111

The size of Gladesville is approximately 3.5 square kilometres. It has 23 parks covering nearly 10.7% of total area. The population of Gladesville in 2011 was 10,973 people. By 2016 the population was 11,831 showing a population growth of 7.8% in the area during that time. The predominant age group in Gladesville is 40-49 years. Households in Gladesville are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Gladesville work in a professional occupation. In 2011, 62.9% of the homes in Gladesville were owner-occupied compared with 60.6% in 2016.

Gladesville has 7,165 properties. Over the last 5 years, Houses in Gladesville have seen a 55.07% increase in median value, while Units have seen a 12.64% increase. As at 30 November 2024:

  • The median value for Houses in Gladesville is $2,851,707 while the median value for Units is $803,436.
  • Houses have a median rent of $950 while Units have a median rent of $600.
There are currently 27 properties listed for sale, and 43 properties listed for rent in Gladesville on OnTheHouse. According to CoreLogic's data, 279 properties were sold in the past 12 months in Gladesville.

Suburb Insights for Gladesville 2111

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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.