Ray White Commercial NSW is pleased to present 34-42 East Street, Granville for sale. This mixed use development site is located adjacent to Granville Station, minutes from Parramatta CBD and University of Western Sydney. The immediate precinct is currently undergoing a significant gentrification process including major developments from two international groups.
The subject site features the following highlights:
* DA for 91 apartments + comm/retail
The size of Granville is approximately 3.3 square kilometres. It has 13 parks covering nearly 3.9% of total area. The population of Granville in 2011 was 13,989 people. By 2016 the population was 15,343 showing a population growth of 9.7% in the area during that time. The predominant age group in Granville is 20-29 years. Households in Granville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Granville work in a professional occupation. In 2011, 49.7% of the homes in Granville were owner-occupied compared with 44.8% in 2016.
Granville has 7,966 properties. Over the last 5 years, Houses in Granville have seen a 60.45% increase in median value, while Units have seen a 9.81% increase. As at 31 July 2024:
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