144 Waterloo Rd, Greenacre is a 5 bedroom, 2 bathroom House. The property has a land size of 467m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 5 bedroom House sold in Greenacre in the last 12 months.
Exceptional commercial opportunity on Greenacre's shopping strip
Perfectly positioned in the Greenacre shopping strip, 144 Waterloo Road presents a prime commercial opportunity for investors and developers. This property offers seven tenancies and holds potential for further redevelopment potential subject to council approval.
Featuring multiple commercial shops, the property yields strong and consistent rental returns. Zoned B2 with a 2:1 FSR and a 14m building height, it encourages new development with a mix of commercial and residential spaces. The location ensures excellent exposure with abundant customer parking at the rear and in nearby council car parks.
- Exceptionally situated in the bustling Greenacre shopping strip, high pedestrian traffic
- Existing property offers seven tenancies with potential for further redevelopment (STCA)
- A unique mix of five commercial shops and two offices upstairs returning $332,294 pa approx.
- Current tenants include a bakery, cafe, patisserie, and two educational centres
- Zoned B2 with a 2:1 FSR and 14m building height, encouraging new development
- Opportunity to create a profitable mix of commercial and residential spaces (STCA)
- Well-appointed businesses all equipped with lighting, water, and essential elements
- Lease the site as is and retain the current tenants, or completely revamp/update (STCA)
- Located mere footsteps from rapid public transport, bus stops and places of worship
- Positioned within 240m of Al Sadiq College, Greenacre Public School, and Roberts Park
- Ample customer parking available at the rear of the building, nearby council car parks
DISCLAIMER: While PACE Property Agents have taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. PACE Property Agents urges prospective purchasers to make their own inquiries to verify the information contained herein.
The size of Greenacre is approximately 7.3 square kilometres. It has 25 parks covering nearly 4.9% of total area. The population of Greenacre in 2011 was 23,212 people. By 2016 the population was 24,365 showing a population growth of 5.0% in the area during that time. The predominant age group in Greenacre is 0-9 years. Households in Greenacre are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greenacre work in a professional occupation. In 2011, 66.2% of the homes in Greenacre were owner-occupied compared with 62.8% in 2016.
Greenacre has 9,242 properties. Over the last 5 years, Houses in Greenacre have seen a 71.05% increase in median value, while Units have seen a 28.29% increase. As at 31 August 2024:
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