SOLD
Sold on 09 Jul 2024 for $2,300,000

18 Muriel Avenue
Rydalmere NSW 2116

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 250m2
Land area: 424m2
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Property Details for 18 Muriel Ave, Rydalmere

Building Type
Commercial
Floor Size
250m2
Land Size
424m2
Local Government
City Of Parramatta
Lot/Plan
300/DP14244

Last Listing description (September 2021)

ONLINE AUCTION - TUESDAY 7 SEPTEMEBER AT 12PM

Description

* Development Potential STCA
* Access via one (1) roller shutter door
* Older style industrial warehouse
* Ground floor office accommodation
* Rear Lane Access
* Truck Access & Parking Onsite
* Excellent Public Transport
* Site Area 424sqm*
* Currently leased to Longma Joinery for $22,800 p.a.


Location
* Located on the western side of Muriel Avenue
* Within close proximity to Victoria road, James Ruse Drive, Silverwater Road and The M4 Motorway
* Rydalmere is located 18km* West of the Sydney CBD and 3km* East of Parramatta CBD
* Surrounding occupiers include Bunnings, Jaycar and Rheem
* Walking distance to Western Sydney University
* 500m* from the approved Parramatta Light Rail Rydalmere Stop

The property is to be sold via online auction on Tuesday, 7 September 2021 at 12:00pm - please click this link to follow the auction or to register to bid: https://auctionnow.com.au/properties/71474#/

This video will help you with registration and familiarise you with the bidding process prior to auctiod day: https://vimeo.com/402476774

For a copy of the information memorandum or to arrange an inspection, please contact the exclusive sale team.

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Property History for 18 Muriel Ave, Rydalmere, NSW 2116

A timeline of how this property has performed in the market
Last Sold
$2,300,000
09 Jul 2024
Listed for Rent
$287/w
19 Nov 2010
  • 09 Jul 2024
    Sold for $2,300,000
  • 29 Sep 2021
    Sold for $1,526,000
  • 25 Jun 2021
    Listed for Sale Contact Agent
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About Rydalmere 2116

The size of Rydalmere is approximately 3.6 square kilometres. It has 11 parks covering nearly 13.7% of total area. The population of Rydalmere in 2011 was 6,216 people. By 2016 the population was 6,640 showing a population growth of 6.8% in the area during that time. The predominant age group in Rydalmere is 40-49 years. Households in Rydalmere are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rydalmere work in a professional occupation. In 2011, 64.8% of the homes in Rydalmere were owner-occupied compared with 59% in 2016.

Rydalmere has 3,552 properties. Over the last 5 years, Houses in Rydalmere have seen a 43.28% increase in median value, while Units have seen a 32.65% increase. As at 30 November 2024:

  • The median value for Houses in Rydalmere is $1,733,073 while the median value for Units is $934,979.
  • Houses have a median rent of $720 while Units have a median rent of $640.
There are currently 13 properties listed for sale, and 18 properties listed for rent in Rydalmere on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in Rydalmere.

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