OFF MARKET

125 Grand Parade
Rutherford NSW 2320

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4230m2
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Property Details for 125 Grand Pde, Rutherford

Building Type
Commercial
Land Size
4230m2
Local Government
Maitland
Lot/Plan
9/DP270823

Last Listing description (May 2018)

Secure 20 year lease from 2018 plus 10 + 10 year options to 2058
Appealing 3% pa rental increases plus lease provisions at market review, ensuring rent can t go down
Go Kindy: highly experienced and established childcare provider with 14 premium centres across NSW and ACT

Substantial 4,230 sqm site with room for future development
Brand new 760 sqm facility incorporating the latest childcare design to ensure long-term positive learning experiences for 94 children
Rutherford: expanding suburb of Maitland within the western growth corridor of the greater Newcastle area fuelled by extensive residential, industrial, and commercial developments
Potential for significant tax depreciation benefits (completed 2018)
Net Lease with full recovery of outgoings, as per lease
Net Income: $207,000 pa + GST (rising at 3% pa to $362,976 pa + GST in 2038)

Property History for 125 Grand Pde, Rutherford, NSW 2320

A timeline of how this property has performed in the market
Last Sold
$3,375,000
20 Mar 2018
  • 20 Mar 2018
    Sold for $3,375,000
  • 26 Feb 2018
    Listed for Sale $3,375,000
  • 08 Mar 2016
    Sold for $775,000

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About Rutherford 2320

The size of Rutherford is approximately 13.4 square kilometres. It has 24 parks covering nearly 8.7% of total area. The population of Rutherford in 2011 was 10,182 people. By 2016 the population was 11,865 showing a population growth of 16.5% in the area during that time. The predominant age group in Rutherford is 0-9 years. Households in Rutherford are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rutherford work in a trades occupation. In 2011, 61.1% of the homes in Rutherford were owner-occupied compared with 55.9% in 2016.

Rutherford has 6,524 properties. Over the last 5 years, Houses in Rutherford have seen a 72.35% increase in median value, while Units have seen a 61.70% increase. As at 31 December 2024:

  • The median value for Houses in Rutherford is $655,140 while the median value for Units is $499,251.
  • Houses have a median rent of $580 while Units have a median rent of $453.
There are currently 25 properties listed for sale, and 8 properties listed for rent in Rutherford on OnTheHouse. According to CoreLogic's data, 332 properties were sold in the past 12 months in Rutherford.

Suburb Insights for Rutherford 2320

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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.