1/32-36 Underwood RoadHomebush NSW 2140
Property Details for 1/32-36 Underwood Rd, Homebush
Last Listing description (December 2023)
Ray White Commercial (SC) on behalf of Mohammad Najjar of Vanguard Insolvency Australia as the Liquidator appointed, is pleased to present to market this premium, entry-level investment opportunity in the heart of Homebush. The property, located at 1/32-36 Underwood Road, Homebush, will be offered for sale via Auction on Thursday, 14th December 2023.
This asset features an internal floor area of 91sqm* that currently encompasses a beauty clinic that delivers a passing gross rental income of $67,999.88 plus GST per annum*. The asset is strategically placed on the corner ground floor of the property providing ample foot traffic exposure.
The asset is strategically situated between the thriving business districts of Homebush, Strathfield, and North Strathfield and proximate to one of Australia's biggest entertainment and sporting precincts, Sydney Olympic Park.
Additional highlights of the asset include:
• Internal retail space 91sqm* & basement parking
• 117sqm* total net lettable area
• Corner ground floor position provides high foot traffic exposure
• Passing gross rental income $67,999.88 plus GST per annum*
• Zoned E1: Local Centre
• 700m* to North Strathfield Metro Station
• 700m* to DFO Homebush
• 850m* to Sydney Olympic Park
• 900m* to Bakehouse Quarter
1/32-36 Underwood Road, Homebush NSW 2140 is offered for sale via Auction on Thursday 14th December 10:00am (AEDT). The Auction will be held at Ray White Corporate Office, Level 7, 44 Martin Place, Sydney NSW 2000.
For further information, please contact the exclusive selling agents below.
*Approximately
Property History for 1/32-36 Underwood Rd, Homebush, NSW 2140
- 14 Dec 2023Sold for $788,000
- 12 Nov 2023Listed for Sale AUCTION
- 23 Jan 2023Listed for Rent - Price not available
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0About Homebush 2140
The size of Homebush is approximately 2.1 square kilometres. It has 12 parks covering nearly 15.9% of total area. The population of Homebush in 2011 was 6,195 people. By 2016 the population was 7,018 showing a population growth of 13.3% in the area during that time. The predominant age group in Homebush is 20-29 years. Households in Homebush are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Homebush work in a professional occupation. In 2011, 52.7% of the homes in Homebush were owner-occupied compared with 45.3% in 2016.
Homebush has 6,451 properties.
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