81 Railway Road NMulgrave NSW 2756
Property Details for 81 Railway Rd N, Mulgrave
Last Listing description (February 2020)
CBRE is pleased to offer for sale 81 Railway Road North, Mulgrave via an Expressions of Interest Campaign, closing: 12th June 2019
Key highlights include:
+ 4,825sqm* of GLA on a site area of 20,024sqm*
+ Diverse tenancy profile with opportunity to improve yield
+ 100% leased with a current passing income of $726,447 approximately pa net + GST
+ Located within the Mulgrave industrial precinct in the growing northwest corridor.
+ Located nearby high profile occupiers such as Bunnings, BCF and Harvey Norman and the North West Growth Centre
+ Close proximity to Mulgrave Train Station
For further information or to obtain an information memorandum, please contact the exclusive agents.
Property History for 81 Railway Rd N, Mulgrave, NSW 2756
- 06 Apr 2020Listed for Rent $105,000 / year
- 05 Aug 2019Sold for $9,000,000
- 06 May 2019Listed for Sale Not Disclosed
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About Mulgrave 2756
The size of Mulgrave is approximately 4 square kilometres. It has 2 parks covering nearly 17.5% of total area. The population of Mulgrave in 2011 was 1,225 people. By 2016 the population was 97 showing a population decline of 92.1% in the area during that time. The predominant age group in Mulgrave is 10-19 years. Households in Mulgrave are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mulgrave work in a managers occupation. In 2011, 74.9% of the homes in Mulgrave were owner-occupied compared with 75% in 2016.
Mulgrave has 358 properties. Over the last 5 years, Houses in Mulgrave have seen a 42.66% increase in median value. As at 31 October 2024:
- The median value for Houses in Mulgrave is $1,412,251 while the median value for Units is $779,681.
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