OFF MARKET

888 Great Western Highway
South Bowenfels NSW 2790

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4513m2
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Property Details for 888 Great Western Hwy, South Bowenfels

Building Type
Commercial
Land Size
4513m2
Local Government
Lithgow City
Lot/Plan
1/DP862773

Last Listing description (March 2023)

Knight Frank is delighted to exclusively present a rare opportunity to secure a high-quality investment property with significant future prospects at 888 Great Western Highway, South Bowenfels.

This landmark service centre benefits from diverse high quality income streams, premium position along the major commuter corridor of the Great Western Highway, and ongoing investment into transportation infrastructure.


Investment Highlights

- Strategic 4,514 sqm* highway landholding
- High traffic volume and high exposure corner site
- 300 m* from approved residential development site
- Approximately 11,000 vehicles passing daily on Great Western Highway
- Prime position to incoming Katoomba to Lithgow Tunnel
- Net leases, tenants pay outgoings as per the leases
- $418,915 + GST Net Income (PA)
- Leased to Viva Energy Australia, Oliver's & Triple 8 Car Wash
- Inflation oriented annual rent increases
- Annual increase (Viva Energy Australia) 1 November 2022

For more information, please contact the exclusive agents.

*Approx

Property History for 888 Great Western Hwy, South Bowenfels, NSW 2790

A timeline of how this property has performed in the market
Last Sold
$3,150,000
01 Jul 2016
  • 06 Oct 2022
    Listed for Sale Contact Agents
  • 24 May 2021
    Listed for Sale Contact Agent
  • 01 Jul 2016
    Sold for $3,150,000

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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.