SOLD
Sold on 23 Dec 2023 for $4,050,000

890 Canterbury Road
Roselands NSW 2196

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3m2
Land area: 487m2
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Property Details for 890 Canterbury Rd, Roselands

Building Type
Commercial
Floor Size
3m2
Land Size
487m2
Local Government
Canterbury-Bankstown
Lot/Plan
1/DP317259

Last Listing description (November 2023)

CBRE & First National Real Estate David Kay, as the exclusive listing agencies are pleased to present 890 Canterbury Road & 2 Flora Street, Roselands to the market to be sold in-one-line.

890 Canterbury Road comprises a two-storey commercial premises tenanted by established firm Euro Funeral Services for approximately 20 years on favourable lease terms including a five (5) year term, five (5) year option and 3% fixed annual reviews. 2 Flora Street enjoys a tenancy to trailer storage firm Trailer Kingdom for additional revenue generation.


Ideally situated on the corner of Canterbury Road and Flora Street with convenient side street access via Alicia Lane, the properties are afforded unrivaled exposure to over 42,500* cars passing daily on one of Western Sydney's busiest throughfares.

890 Canterbury Road & 2 Flora Street, Roselands benefits from the follow key attributes:

- Rare investment opportunity with premium Cantebury Road exposure to approximately 42,500 cars passing daily
- Favourable lease terms including a recently signed five (5) year term to 2027 with a five (5) year option and fixed 3% annual rental reviews
- Benefitting from long standing tenant Euro Funeral Services who have been operating for over 60 years and approximately 20 years at 890 Canterbury Road, Roselands
- Total land area of 856sqm* across two lots
- Centrally located in Sydney's bustling Central West with a myriad of transport options available including Canterbury Road, M5 Motorway, T2, T3 & T8 Sydney Trains services
- Family friendly locale in proximity to multiple public and private schools, parks, sports complexes and shopping centres

890 Canterbury Road & 2 Flora Street, Roselands will be offered for sale via an on-site Public Auction on Thursday, 14 December 2023 at 10:30am (AEDT).

For a copy of the Information Memorandum or to find out more about the opportunity, please contact the exclusive listing agents

*Approximate
Outline and labels indicative only

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Property History for 890 Canterbury Rd, Roselands, NSW 2196

A timeline of how this property has performed in the market
Last Sold
$4,050,000
23 Dec 2023
Listed for Rent
$190/w
08 Mar 2007
  • 23 Dec 2023
    Sold for $4,050,000
  • 02 Feb 2021
    Listed for Sale Contact Agents
  • 12 Jul 2012
    Sold for $769,000
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About Roselands 2196

The size of Roselands is approximately 2.7 square kilometres. It has 11 parks covering nearly 1.6% of total area. The population of Roselands in 2011 was 11,167 people. By 2016 the population was 11,569 showing a population growth of 3.6% in the area during that time. The predominant age group in Roselands is 0-9 years. Households in Roselands are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Roselands work in a professional occupation. In 2011, 68% of the homes in Roselands were owner-occupied compared with 67.4% in 2016.

Roselands has 4,878 properties. Over the last 5 years, Houses in Roselands have seen a 67.99% increase in median value, while Units have seen a 29.20% increase. As at 31 October 2024:

  • The median value for Houses in Roselands is $1,542,655 while the median value for Units is $591,278.
  • Houses have a median rent of $770 while Units have a median rent of $560.
There are currently 27 properties listed for sale, and 19 properties listed for rent in Roselands on OnTheHouse. According to CoreLogic's data, 195 properties were sold in the past 12 months in Roselands.

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