SOLD
Sold on 09 Apr 2024 for $7,000,000

1 New Canterbury Road
Petersham NSW 2049

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 52m2
Land area: 750m2
Sold By
COMMERCIAL (NSW)
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Property Details for 1 New Canterbury Rd, Petersham

1 New Canterbury Rd, Petersham is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 750m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom House sold in Petersham in the last 12 months.

Building Type
House
Year Built
2017
Floor Size
52m2
Land Size
750m2
Local Government
Inner West
Lot/Plan
2/DP564384

Last Listing description (May 2019)

- American BBQ themed leasehold tavern
- Bar, bistro, function space and large beer garden
- 7 Pub style accommodation rooms situated on the first floor not currently in use

- Lease until 2033 (including options)
- Many examples of upside across venue, especially in accommodation
- Excellent opportunity for a hands on operator to improve the operational efficiency of this popular business
- This listing is for the business only and not the building
For Sale by Expression of Interest
25 July 2018, 12pm (Unless sold prior)

Property History for 1 New Canterbury Rd, Petersham, NSW 2049

A timeline of how this property has performed in the market
Last Sold
$7,000,000
09 Apr 2024
  • 09 Apr 2024
    Sold for $7,000,000
  • 29 Jun 2018
    Listed for Sale Not Disclosed
  • 09 Feb 2018
    Listed for Sale Auction
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About Petersham 2049

The size of Petersham is approximately 1.3 square kilometres. It has 6 parks covering nearly 5.5% of total area. The population of Petersham in 2011 was 7,529 people. By 2016 the population was 8,114 showing a population growth of 7.8% in the area during that time. The predominant age group in Petersham is 30-39 years. Households in Petersham are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Petersham work in a professional occupation. In 2011, 49.8% of the homes in Petersham were owner-occupied compared with 47.3% in 2016.

Petersham has 5,086 properties. Over the last 5 years, Houses in Petersham have seen a 40.40% increase in median value, while Units have seen a 11.07% increase. As at 31 October 2024:

  • The median value for Houses in Petersham is $2,102,569 while the median value for Units is $824,691.
  • Houses have a median rent of $790 while Units have a median rent of $615.
There are currently 20 properties listed for sale, and 36 properties listed for rent in Petersham on OnTheHouse. According to CoreLogic's data, 187 properties were sold in the past 12 months in Petersham.

Suburb Insights for Petersham 2049

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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.