619 Princes HighwayRussell Vale NSW 2517
Property Details for 619 Princes Hwy, Russell Vale
Last Listing description (January 2021)
ulColliers International is excited to bring to auction 619 Princess Highway, Russell Vale. The property comprises of two buildings situated on 2,789sqm* land. A 233sqm* hobby shop at the front and a 798sqm* gym at the rear with a potential to redevelop in the future./ul
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li• Hobby shop: 2 year lease, no option/li
li• Net income: $126,400 Net + outgoings + GST P.A. (approx.)/li
li• Tenants pay all outgoings/li
li• Highly sought after B6 enterprise corridor zoning/li
li• Recently installed solar system/li
li• Ample onsite car parking/li
/ul
ulFor further information or to arrange an inspection, please contact our agents./ul
Property History for 619 Princes Hwy, Russell Vale, NSW 2517
- 11 Sep 2020Listed for Sale Contact agent
- 26 Nov 2019Listed for Rent - Price not available
- 31 Jul 2019Listed for Rent - Price not available
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0About Russell Vale 2517
The size of Russell Vale is approximately 2.1 square kilometres. It has 5 parks covering nearly 14.5% of total area. The population of Russell Vale in 2011 was 1,517 people. By 2016 the population was 1,548 showing a population growth of 2.0% in the area during that time. The predominant age group in Russell Vale is 0-9 years. Households in Russell Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Russell Vale work in a professional occupation. In 2011, 79.6% of the homes in Russell Vale were owner-occupied compared with 76.5% in 2016.
Russell Vale has 655 properties. Over the last 5 years, Houses in Russell Vale have seen a 63.50% increase in median value, while Units have seen a 36.29% increase. As at 31 October 2024:
- The median value for Houses in Russell Vale is $1,337,414 while the median value for Units is $829,859.
- Houses have a median rent of $880 while Units have a median rent of $595.
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