SOLD
Sold on 12 Mar 2024 for $1,660,000

3/78-80 Livingstone Road
Marrickville NSW 2204

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 48m2
Sold By
WBE Pty Ltd. T/a X Commercial
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Property Details for 3/78-80 Livingstone Rd, Marrickville

Building Type
Commercial
Year Built
1930
Land Size
48m2
Local Government
Inner West
Lot/Plan
4/SP96387

Last Listing description (June 2024)

XCommercial are pleased to present this extremely rare opportunity to acquire a corner positioned landmark building with excellent passing income, attractive aspects and huge renovation potential.

Located at the intersections of Livingstone & Sydenham road and positioned directly across from Marrickville Park, this entire strata titled lot will be offered for sale via Private Treaty individually OR whole. The property provides exceptional connectivity to the Inner West & Sydney Fringe, with multiple bus connections and nearby Petersham Station in short distance. Multiple surrounding Parks & Schools provide future development protection and provide excellent aspects for occupiers for all lots.

Main features include;

3x separate lots providing immediate income and mitigated risk
Prime corner position with exceptional visibility and aspects
Opportunity to purchase combined (entire block) or individually (strata)
Significant add-value potential with minimal work
Rare strata-approved small block permits future re-sale of individual lots
Ground Floor: 2x commercial shops with passing income of $120,761pa +GST
First Floor: Huge 4-bedroom residence (162m) with large balcony and double garage (Vacant Possession)
Tenants: Bespoke & Grind, 3-ways Chiro, Total Care & Read4Kids

For further details please contact George Carydis on 0401 515 528

Property History for 3/78-80 Livingstone Rd, Marrickville, NSW 2204

A timeline of how this property has performed in the market
Last Sold
$1,660,000
12 Mar 2024
  • 30 May 2024
    Listed for Sale For Sale - Contact Agent
  • 12 Mar 2024
    Sold for $1,660,000

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About Marrickville 2204

The size of Marrickville is approximately 5.8 square kilometres. It has 23 parks covering nearly 10.8% of total area. The population of Marrickville in 2011 was 24,612 people. By 2016 the population was 26,571 showing a population growth of 8.0% in the area during that time. The predominant age group in Marrickville is 30-39 years. Households in Marrickville are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Marrickville work in a professional occupation. In 2011, 54.6% of the homes in Marrickville were owner-occupied compared with 51.2% in 2016.

Marrickville has 14,962 properties. Over the last 5 years, Houses in Marrickville have seen a 47.40% increase in median value, while Units have seen a 28.62% increase. As at 30 September 2024:

  • The median value for Houses in Marrickville is $2,034,865 while the median value for Units is $896,701.
  • Houses have a median rent of $900 while Units have a median rent of $650.
There are currently 44 properties listed for sale, and 119 properties listed for rent in Marrickville on OnTheHouse. According to CoreLogic's data, 528 properties were sold in the past 12 months in Marrickville.

Suburb Insights for Marrickville 2204

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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.