SOLD
Sold on 14 May 2024 for $12,000,000

97A Hume Highway
Greenacre NSW 2190

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2890m2
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Property Details for 97a Hume Hwy, Greenacre

97a Hume Hwy, Greenacre is a 0 bedroom, 0 bathroom House. The property has a land size of 2890m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 0 bedroom House sold in Greenacre in the last 12 months.

Building Type
House
Land Size
2890m2
Local Government
Canterbury-Bankstown
Lot/Plan
2/DP1021864

Last Listing description (February 2017)

Strategic highway service centre investment.
100% leased to Woolworths Ltd. and Red Rooster parent company.
Both long-term occupants on renewed leases to July 2021 + options.

Wide 85 metre frontage and high profile exposure to one of Sydney's busiest arterial roads carrying 60,000 vehicles daily.
Anchored by Woolworths Ltd. securing 77.5% of total income.
Service station/convenience store + recently upgraded fast food outlet.
Substantial 2,890 sqm Sydney metropolitan landholding.
Just 17 km west of Sydney CBD and adjacent to Bankstown.
Annual rental increases.
Both tenants pay usual outgoings, as per leases.
Net Income: $599,600 pa + GST.

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Property History for 97a Hume Hwy, Greenacre, NSW 2190

A timeline of how this property has performed in the market
Last Sold
$12,000,000
14 May 2024
  • 14 May 2024
    Sold for $12,000,000
  • 22 Dec 2016
    Sold for $8,950,000
  • 07 Nov 2016
    Listed for Sale SOLD - $8,950,000
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About Greenacre 2190

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 9,217 properties. Over the last 5 years, Houses in Greenacre have seen a 68.86% increase in median value, while Units have seen a 26.71% increase. As at 30 September 2024:

  • The median value for Houses in Greenacre is $1,422,701 while the median value for Units is $734,713.
  • Houses have a median rent of $850 while Units have a median rent of $660.
There are currently 28 properties listed for sale, and 18 properties listed for rent in Greenacre on OnTheHouse. According to CoreLogic's data, 339 properties were sold in the past 12 months in Greenacre.

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