2 Gilba RoadPendle Hill NSW 2145
Property Details for 2 Gilba Rd, Pendle Hill
2 Gilba Rd, Pendle Hill is a 0 bedroom, 0 bathroom House and was built in 1960. The property has a land size of 981m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 0 bedroom House sold in Pendle Hill in the last 12 months.
Last Listing description (February 2024)
Ray White Commercial Western Sydney is pleased to present 2-4 Gilba Road, Pendle Hill for sale via Expressions of Interest.
This property represents a versatile development opportunity, perfectly positioned at the heart of Pendle Hill with convenient access to all amenities and just a short 260 metres* walk from the train station.
Exceptional Built-to-Rent opportunity, DA approved five-story shop-top housing, featuring an ideal unit mix of 32 residential units and a ground-floor commercial space to capitalise on the current housing shortage.
Additional highlights of the property are outlined below:
Zoned E1 Local Centre (previously known as B2)
Generous land area of 1,985.56 sqm spread across two titles
DA Approval for 32 residential units and 733 m2 commercial space (including 10 NDIS Units)
An excellent chance to leverage the current housing shortage and the upward trajectory of the rental market.
Ideal Built-to-Rent project with the potential for strong cash flow
Conveniently located within walking distance of Pendle Hill Station, with an array of amenities along the way
Just 3.8 km* from the Westmead Medical Precinct and 5.2 km* from the bustling Parramatta CBD.
Motivated vendor eager to meet the market
The property is offered for sale via Expressions of Interest, closing Thursday 7 December 2023 at 1:30 pm.
For more information, please contact the below exclusive selling agents.
Approximately*
Property History for 2 Gilba Rd, Pendle Hill, NSW 2145
- 21 Dec 2023Sold for $3,200,000
- 07 Nov 2023Listed for Sale Expressions of Interest
- 26 Jul 2023Sold for $4,100,000
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About Pendle Hill 2145
The size of Pendle Hill is approximately 2 square kilometres. It has 10 parks covering nearly 2.2% of total area. The population of Pendle Hill in 2011 was 6,662 people. By 2016 the population was 7,248 showing a population growth of 8.8% in the area during that time. The predominant age group in Pendle Hill is 30-39 years. Households in Pendle Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pendle Hill work in a professional occupation. In 2011, 54.6% of the homes in Pendle Hill were owner-occupied compared with 49.5% in 2016.
Pendle Hill has 3,300 properties. Over the last 5 years, Houses in Pendle Hill have seen a 62.10% increase in median value, while Units have seen a 11.21% increase. As at 31 October 2024:
- The median value for Houses in Pendle Hill is $1,363,179 while the median value for Units is $565,799.
- Houses have a median rent of $650 while Units have a median rent of $550.
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