154 Belmore RoadRiverwood NSW 2210
Property Details for 154 Belmore Rd, Riverwood
Last Listing description (July 2024)
Ray White Hurstville are pleased to present to the market this great investment opportunity at 154 Belmore Road, Riverwood.
The property comprises of a free standing ground floor commercial premises with separate first floor three bedroom residence prominently located in the heart of Riverwood retail precinct.
Key Features:
- Total gross annual rent of $66,428.77
- Main road exposure
- Ground floor tenant trading as 'Aussie Home Loans' with prominent signage and extensive internal fit out
- Separate spacious three bedroom premises with entrances off Belmore Road and Lauricella Lane
- Ground floor lease expires July of 2027, with attractive annual rental increments
- Total building area 161 Sqm (Approx)
- Land area 158 Sqm (Approx)
- Rear lane access off Lauricella Lane
- Zoned E1 Local Centre
- Floor space ratio (FSR) 0.5:1
- Height limit of 18 metres
- Short stroll to Riverwood plaza including Woolworths, Aldi, Australia Post, Medical Centre, chemist, retail shops and various eateries
- Conveniently located in Riverwood shopping precinct and short walk to Riverwood railway station
- Great investment opportunity not to be missed!
Property History for 154 Belmore Rd, Riverwood, NSW 2210
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0About Riverwood 2210
The size of Riverwood is approximately 3.8 square kilometres. It has 22 parks covering nearly 23.8% of total area. The population of Riverwood in 2011 was 10,225 people. By 2016 the population was 12,093 showing a population growth of 18.3% in the area during that time. The predominant age group in Riverwood is 20-29 years. Households in Riverwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Riverwood work in a professional occupation. In 2011, 48% of the homes in Riverwood were owner-occupied compared with 43.5% in 2016.
Riverwood has 5,603 properties. Over the last 5 years, Houses in Riverwood have seen a 69.68% increase in median value, while Units have seen a 13.44% increase. As at 30 September 2024:
- The median value for Houses in Riverwood is $1,423,455 while the median value for Units is $651,514.
- Houses have a median rent of $730 while Units have a median rent of $640.
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