5/285-297 Lane Cove RoadMacquarie Park NSW 2113
Property Details for 5/285-297 Lane Cove Rd, Macquarie Park
Last Listing description (January 2023)
Sutton Anderson are pleased to present Shop 5, 285-297 Lane Cove Road, Macquarie Park for sale via EOI.
The property is located within Eden Park Centre and represents a rare opportunity to acquire an income generating asset. Property features include:
* PT 5: 97 sqm on title
* Vast common customer parking at the rear of the complex
* Current Lease in place to December 2024 with an additional 5 year option in place
* Current net income of approximately $84,107.88 per annum*
* Site underdeveloped, be part of a potential redevelopment in the future (STCA)
* Walk to Macquarie Park train station, approximately 260m
* Public car park with approximately 68 car spaces
* Current tenant may consider selling the business
* Neighbours include international leading brands of Ezymart, McDonalds, KFC & Subway
Expressions Of Interest close 25th November 2022 at 4PM.
For further information please contact your exclusive agents.
Property History for 5/285-297 Lane Cove Rd, Macquarie Park, NSW 2113
- 11 Dec 2023Sold for $1,750,000
- 31 Oct 2022Listed for Sale Contact Agent
- 27 Oct 1995Sold for $280,000
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About Macquarie Park 2113
The size of Macquarie Park is approximately 6.8 square kilometres. It has 27 parks covering nearly 36.8% of total area. The population of Macquarie Park in 2011 was 6,142 people. By 2016 the population was 8,125 showing a population growth of 32.3% in the area during that time. The predominant age group in Macquarie Park is 20-29 years. Households in Macquarie Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Macquarie Park work in a professional occupation. In 2011, 33.5% of the homes in Macquarie Park were owner-occupied compared with 29.7% in 2016..
Macquarie Park has 9,223 properties. Over the last 5 years, Houses in Macquarie Park have seen a 73.89% increase in median value, while Units have seen a 19.41% increase. As at 31 October 2024:
- The median value for Houses in Macquarie Park is $2,128,339 while the median value for Units is $881,528.
- Houses have a median rent of $600 while Units have a median rent of $680.
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