SOLD
Sold on 28 Mar 2024 for $2,028,000

88 Yarrara Road
Pennant Hills NSW 2120

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 227m2
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Property Details for 88 Yarrara Rd, Pennant Hills

Building Type
Commercial
Land Size
227m2
Local Government
Hornsby
Lot/Plan
10/DP12419

Last Listing description (December 2021)

Ray White Commercial NSW is pleased to present 88 Yarrara Road Pennant Hills for sale via Onsite Auction.

Strategically located opposite Pennant Hills Railway Station with high pedestrian activity, freestanding retail premises currently occupied by a dry cleaner with future upside.


Additional highlights of the property are outlined below:

Site area 227m2*
Building area 76m2*
Leased till 18 August 2024 plus options
Current rental of $70,909* per annum + GST
Zoned B2 - Local Centre
FSR 1:1 & Height of 14.5m
• Rear lane access via Pennicook Lane
Ample onsite car parking
Future upside to extend premises and lettable area to increase rental^
Under instructions to SELL

Onsite Auction, Thursday 11 November 2021 at 12pm.

For more information, please contact the below exclusive selling agents.

*Approx. ^S.T.C.A

Property History for 88 Yarrara Rd, Pennant Hills, NSW 2120

A timeline of how this property has performed in the market
Last Sold
$2,028,000
28 Mar 2024
  • 28 Mar 2024
    Sold for $2,028,000
  • 11 Nov 2021
    Sold for $1,880,000
  • 06 Oct 2021
    Listed for Sale Onsite Auction
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About Pennant Hills 2120

The size of Pennant Hills is approximately 6.2 square kilometres. It has 18 parks covering nearly 57.5% of total area. The population of Pennant Hills in 2011 was 7,030 people. By 2016 the population was 7,300 showing a population growth of 3.8% in the area during that time. The predominant age group in Pennant Hills is 50-59 years. Households in Pennant Hills are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Pennant Hills work in a professional occupation. In 2011, 78.5% of the homes in Pennant Hills were owner-occupied compared with 76.5% in 2016.

Pennant Hills has 3,418 properties. Over the last 5 years, Houses in Pennant Hills have seen a 75.48% increase in median value, while Units have seen a 23.33% increase. As at 31 July 2024:

  • The median value for Houses in Pennant Hills is $2,232,225 while the median value for Units is $1,016,606.
  • Houses have a median rent of $838 while Units have a median rent of $560.
There are currently 11 properties listed for sale, and 8 properties listed for rent in Pennant hills on OnTheHouse. According to CoreLogic's data, 120 properties were sold in the past 12 months in Pennant hills.

Suburb Insights for Pennant Hills 2120

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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.