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Sold on 11 Jun 2024 - Price Unavailable

51 Railway Street
Granville NSW 2142

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 465m2
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Property Details for 51 Railway St, Granville

Building Type
Commercial
Floor Size
1m2
Land Size
465m2
Local Government
City Of Parramatta
Lot/Plan
A/DP324641

Last Listing description (June 2024)

RWC Western Sydney is pleased to present 51 Railway Street, Granville for sale via Auction.

Remarkable opportunity to acquire this boutique corner site DA approved for four (4) oversized apartments only moments from Parramatta CBD. To be offered at land value, zoned R4 High Density Residential site and allowing a range of alternate uses including a boarding house^.

Additional highlights of the property are outlined below:

• Corner location (Railway Street & Marsden Street)
• DA Approved for 4 oversized units
• Favourable unit mix of all 3-bedroom unit configurations
• Zoned R4 High Density Residential
• Site Area 464.5m2*
• Existing improvement consisting of a house leased for $480/week
• Flexible zoning allowing for alternate usages^
• 1km* to Parramatta Westfield
• 1.1km* to Harris Park Train Station
• Vendor Says Sell!

The property will be offered via Auction, onsite Wednesday 12 June 2024 at 11am (unless sold prior).

For more information, please contact the below exclusive selling agents.

* Approximately
^ Subject to Council Approval

Property History for 51 Railway St, Granville, NSW 2142

A timeline of how this property has performed in the market
Last Sold
11 Jun 2024
Listed for Rent
$460/w
30 May 2023
  • 11 Jun 2024
    Sold for $1,150,000
  • 16 May 2024
    Listed for Sale AUCTION
  • 19 May 2023
    Listed for Rent $460 / week
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About Granville 2142

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 8,005 properties. Over the last 5 years, Houses in Granville have seen a 62.21% increase in median value, while Units have seen a 11.47% increase. As at 31 August 2024:

  • The median value for Houses in Granville is $1,166,548 while the median value for Units is $526,936.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 51 properties listed for sale, and 30 properties listed for rent in Granville on OnTheHouse. According to CoreLogic's data, 517 properties were sold in the past 12 months in Granville.

Suburb Insights for Granville 2142

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Contact agent
Andrew Sacco
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Joseph Assaf
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RWC Western Sydney
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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.