29 Wharf RoadGladesville NSW 2111
Property Details for 29 Wharf Rd, Gladesville
29 Wharf Rd, Gladesville is a 0 bedroom, 0 bathroom House with 13 parking spaces. The property has a land size of 1460m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (April 2023)
Wills Property and I.B Property are pleased to present 29 Wharf Road, Gladesville to the market for sale.
This is a unique opportunity to purchase an entire block of 13 apartments on a single title. This is a wonderful investment opportunity with all apartments leased. The property has a history of rental growth and has the potential for large growth in the future, through a combination of reversion, renovation and repositioning.
Located in a desirable location in proximity to quality schools, Gladesville Shopping Village, public transport and waterfront parklands underpins tenant demand and cashflow.
This investment will suit family office / high-net worth(s) / developer / builder and is not to be missed.
DETAILS:
- 11 x two bedroom apartments
- 2 x one bedroom apartments
- 4 x garages
- 9 x open car spaces
- R4 High density residential zoning
- FSR 1:1
- Height limit 11.5 metres
- Land area 1,265 square metres
- Gross passing rent $272,707 per annum
- Statutory outgoings total $61,185 per annum
FURTHER DETAILS:
Information memorandum available at open homes.
John Wills FAPI JP
Wills Property
0467 44 38 38
Adam Droubi
I.B Property
0420 807 070
METHOD OF SALE:
- Auction
- 29 November 2022
- 5:00pm
- Level 1/29-33 Bay St, Double Bay NSW 2028
DISCLAIMER:
All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries.
Property History for 29 Wharf Rd, Gladesville, NSW 2111
- 29 Nov 2022Sold for $6,550,000
- 31 Oct 2022Listed for Sale Contact Agent
- 21 May 2019Listed for Rent - Price not available
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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 7,140 properties. Over the last 5 years, Houses in Gladesville have seen a 65.90% increase in median value, while Units have seen a 15.84% increase. As at 30 September 2024:
- The median value for Houses in Gladesville is $2,814,510 while the median value for Units is $812,522.
- Houses have a median rent of $1,000 while Units have a median rent of $600.
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