SOLD
Sold on 22 Apr 2024 for $4,500,000

8 Hoxton Park Road
Liverpool NSW 2170

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1692m2
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Property Details for 8 Hoxton Park Rd, Liverpool

Building Type
Commercial
Land Size
1692m2
Local Government
Liverpool
Lot/Plan
1/DP860799

Last Listing description (April 2023)

8 Hoxton Park Road, Liverpool represents a great opportunity to acquire a tenanted investment site with substantial development upside at the entrance of Sydney's Third CBD. A rare opportunity corner block with breathtaking lush green views of the neighbouring park in a prime location within Liverpool.

The site is situated on the grand entrance of Liverpool with neighbouring high-rise developments. The site is situated on a generous corner holding of 1,693sqm and located across from proposed revitalisation of Brickmakers Creek and redevelopment of the Whitlam Leisure Centre. This development will enrich the area with an abundance of life with the following: Running and cycling tracks, playgrounds, exercise parks, Olympic pool, caf, gymnasium, sporting parks, childcare, community hubs, public parking, produce markets, exhibition & events centre and more. All of which bringing added value to surrounding properties including 8 Hoxton Park Road, Liverpool.


The subject site is currently improved as a commercial freehold that accommodates a car dealership and mechanical repair shop that generate an appealing rental income of $150,000 p.a. Additionally, the site is in proximity of Liverpool Train Station (1km), Westfield Liverpool (1.2km), Western Sydney University (1.5km), and Liverpool Hospital (2.2km).

8 Hoxton Park Road, Liverpool benefits from the following key attributes:

Substantial total site area of 1,693sqm.
B4 mixed used zoning with a 50-metre height limit
High exposure corner location
Substantial 5:1 Floor Space Ratio (FSR)
Potential to Develop 100 apartments
Commercial lower-level block for large site or multiple small sites
Dual frontages from Hoxton Park Road and Gillespie Street permitting efficient accessibility to develop
Conveniently located in proximity of Liverpool CBD Westfield & surrounding retailers, Liverpool Train Station, and the proposed revitalised Whitlam Leisure Centre which will make shape for the residents of Liverpool.
Appealing holding income generating $150,000p.a.
Directly adjoining 316-unit development (near completion) by Aland - currently 90% sold out

This location is the pinnacle high rise development site in Liverpool, making it a rare opportunity that will not be available again. Proposed local developments and investments in Liverpool make it a super city of the future.

8 Hoxton Park Road, Liverpool is for sale with a price guide of $7,250,000

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approx.

Property History for 8 Hoxton Park Rd, Liverpool, NSW 2170

A timeline of how this property has performed in the market
Last Sold
$4,500,000
22 Apr 2024
Listed for Rent
$2.88k/w
15 Sep 2016
  • 22 Apr 2024
    Sold for $4,500,000
  • 08 Apr 2022
    Listed for Sale Contact Agent
  • 01 Sep 2016
    Listed for Rent - Price not available
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About Liverpool 2170

The size of Liverpool is approximately 6.4 square kilometres. It has 39 parks covering nearly 16.7% of total area. The population of Liverpool in 2011 was 24,094 people. By 2016 the population was 27,092 showing a population growth of 12.4% in the area during that time. The predominant age group in Liverpool is 30-39 years. Households in Liverpool are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Liverpool work in a professional occupation. In 2011, 45.2% of the homes in Liverpool were owner-occupied compared with 39.4% in 2016.

Liverpool has 16,724 properties. Over the last 5 years, Houses in Liverpool have seen a 47.70% increase in median value, while Units have seen a 14.94% increase. As at 30 September 2024:

  • The median value for Houses in Liverpool is $1,039,804 while the median value for Units is $451,529.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 140 properties listed for sale, and 131 properties listed for rent in Liverpool on OnTheHouse. According to CoreLogic's data, 905 properties were sold in the past 12 months in Liverpool.

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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.