SOLD
RECENT ADVICE
Sold on 06 Sep 2024 - Price Unavailable

29 Hunter Street
Parramatta NSW 2150

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 78m2
Sold By
Anthony Khoury
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Property Details for 29 Hunter St, Parramatta

Building Type
Commercial
Land Size
78m2
Local Government
City Of Parramatta
Lot/Plan
2/DP1218519

Last Listing description (September 2024)

On behalf of DVT Group the administrators appointed, Khoury is delighted to introduce for sale a premium retail holding within 29 Hunter Street, Parramatta NSW 2150. Situated at the intersection of Hunter and O'Connell Streets, directly adjacent from a council car parking station, this property boasts excellent visibility and convenient access to Parramatta's main transport hub and amenities.Key Features:-398.9sqm of commercial strata being sold in one line-Shop 1 284.5sqm -Shop 2 114.4sqm-Dual Street frontages -18m approx. frontage to Hunter Street -21m approx. frontage to O'Connell Street-4 secure basement car parking spaces-Dedicated loading dock-Currently leased offering a diversified income stream-Disability accessible -Ducted air conditioning throughout Net income: $143,658.00 per annum. Net return at ask price currently 6.24% Inspections available by appointment with exclusive agents.

Property History for 29 Hunter St, Parramatta, NSW 2150

A timeline of how this property has performed in the market
Last Sold
06 Sep 2024
Listed for Rent
$920/w
05 Nov 2023
  • 06 Sep 2024
    Sold
  • 05 Jul 2024
    Listed for Rent $785 / week
  • 29 Jun 2024
    Listed for Sale $2,100,000
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About Parramatta 2150

The size of Parramatta is approximately 5.5 square kilometres. It has 29 parks covering nearly 23.8% of total area. The population of Parramatta in 2011 was 19,744 people. By 2016 the population was 25,788 showing a population growth of 30.6% in the area during that time. The predominant age group in Parramatta is 30-39 years. Households in Parramatta are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parramatta work in a professional occupation. In 2011, 35.9% of the homes in Parramatta were owner-occupied compared with 28.1% in 2016.

Parramatta has 19,280 properties. Over the last 5 years, Houses in Parramatta have seen a 71.69% increase in median value, while Units have seen a 8.12% increase. As at 31 August 2024:

  • The median value for Houses in Parramatta is $1,717,774 while the median value for Units is $611,632.
  • Houses have a median rent of $650 while Units have a median rent of $640.
There are currently 196 properties listed for sale, and 171 properties listed for rent in Parramatta on OnTheHouse. According to CoreLogic's data, 1044 properties were sold in the past 12 months in Parramatta.

Suburb Insights for Parramatta 2150

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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.