OFF MARKET

6 Col Drewe Drive
South Bowenfels NSW 2790

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 564m2
Land area: 2469m2
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Property Details for 6 Col Drewe Dr, South Bowenfels

Building Type
Commercial
Floor Size
564m2
Land Size
2469m2
Local Government
Lithgow City
Lot/Plan
101/DP1029666

Last Listing description (September 2017)

* Leased to long standing tenant (since 2000) Australia Post
* Gross Income: $65,000 p.a. + GST as at November 2015 (approx.)
* 564 m2 Building Area (approx.)

* 2,469 m2 Land Area (approx.)
* Ample on-site parking
* Leased until November 2018 plus 3 year option
* Annual rent reviews
* Strategic position within Lithgow s booming growth corridor
* Amongst hospital, university, school, church, medical centre and motel within the commercial hub of South Bowenfels
* Attractive taxation depreciation benefits building constructed circa 2000
* Solid building construction; concrete floor, concrete block walls with external bagged render, colorbond steel roof and ducted air-conditioning
* Zoning: B1 Neighbourhood Centre (retail, business and community uses STCA - Lithgow City Council)
* Easily managed single tenanted investment
Inspection strictly by Appointment
For further information, please contact the exclusive agent Michael Hanzis on 0488 133 338

Property History for 6 Col Drewe Dr, South Bowenfels, NSW 2790

A timeline of how this property has performed in the market
Last Sold
$900,000
02 May 2017
  • 02 May 2017
    Sold for $900,000
  • 24 Oct 2016
    Listed for Sale Negotiable

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About South Bowenfels 2790

The size of South Bowenfels is approximately 30.7 square kilometres. It has 2 parks covering nearly 1.2% of total area. The population of South Bowenfels in 2011 was 1,003 people. By 2016 the population was 1,156 showing a population growth of 15.3% in the area during that time. The predominant age group in South Bowenfels is 0-9 years. Households in South Bowenfels are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Bowenfels work in a professional occupation. In 2011, 81.9% of the homes in South Bowenfels were owner-occupied compared with 80.3% in 2016.

South Bowenfels has 770 properties. Over the last 5 years, Houses in South Bowenfels have seen a 47.12% increase in median value, while Units have seen a 92.08% increase. As at 30 November 2024:

  • The median value for Houses in South Bowenfels is $720,912 while the median value for Units is $542,462.
  • Houses have a median rent of $523.
There are currently 9 properties listed for sale, and no properties listed for rent in South bowenfels on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in South bowenfels.

Suburb Insights for South Bowenfels 2790

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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.