15 Frederick StreetOatley NSW 2223
Property Details for 15 Frederick St, Oatley
Last Listing description (October 2023)
Commercial Property Group are pleased to present to the market via public auction this immaculately presented freehold mixed use property containing the well-known Poveli Deli Cafe on the ground floor and renovated two bedroom unit above. Positioned in the main street of Oatley these rarely come available to the market in this tightly held popular retail strip surrounded by Oatley Hotel, IGA, Oatley RSL and more, 15 Frederick Street offers an ideal opportunity to secure a strong investment. All within a short stroll of Oatley train station, it's arguably one of the best presented properties in the area.
Features Include:
- Land area 145m*
- Commercial income of $75,000.00 per annum + GST
- Residential income of $24,960.00 pa
- Ground floor well-known local Deli Caf
- First floor 2 bedroom renovated unit
- 10KW Solar system
- Premium high street location
- 150m to Oatley train station
Inspections:
By Private Appointment
For further information on this exciting opportunity, please contact the exclusive selling agents: Greg Carr on 0477 880 576 or Jackson Chambers on 0476 001 048.
*Approximate
Property History for 15 Frederick St, Oatley, NSW 2223
- 05 Oct 2023Sold for $1,850,000
- 09 Aug 2023Listed for Sale Contact Agent
- 29 Sep 2020Listed for Rent $400 / week
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0About Oatley 2223
The size of Oatley is approximately 5.7 square kilometres. It has 25 parks covering nearly 18.5% of total area. The population of Oatley in 2011 was 10,098 people. By 2016 the population was 10,483 showing a population growth of 3.8% in the area during that time. The predominant age group in Oatley is 40-49 years. Households in Oatley are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Oatley work in a professional occupation. In 2011, 79.9% of the homes in Oatley were owner-occupied compared with 77% in 2016.
Oatley has 4,584 properties. Over the last 5 years, Houses in Oatley have seen a 51.51% increase in median value, while Units have seen a 36.33% increase. As at 31 July 2024:
- The median value for Houses in Oatley is $2,178,452 while the median value for Units is $945,401.
- Houses have a median rent of $913 while Units have a median rent of $630.
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