SOLD
Sold on 07 Sep 2024 for $6,600,000

50 The Boulevarde
Strathfield NSW 2135

Bedrooms: 1
Bathrooms: -
Car spaces: 1
Land area: 215m2
Sold By
John Hill & Co
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Property Details for 50 The Boulevarde, Strathfield

Building Type
Commercial
Land Size
215m2
Local Government
Burwood
Lot/Plan
8/DP2884

Last Listing description (September 2024)

John Hill & Co is pleased to present an exceptional commercial investment opportunity in the heart of Strathfield. Available for the first time in over 50 years, this architecturally designed, three-level, freestanding building is situated in the vibrant Strathfield CBD, making it an ideal long-term investment.

Leased until 2028 to a national, ASX listed tenant, with an additional 5 year option, this property offers both potential and security for the future.

Key Features:

* 539 sqm "A" grade corporate office space
* Secure car park with a 6 vehicle capacity
* Stunning reception area on ground level
* Mix of open plan office, meeting rooms and boardroom
* Modern, sleek design with custom joinery
* High internal ceilings with an abundance of natural light
* Large covered outdoor entertaining terrace
* Extensive renovation recently completed throughout
* Fully fitted eat-in staff kitchen & 5 bathrooms
* Net Annual Rental $365,650

For more information contact Rebecca Koura 0401 010 196 or Sam Hill 0419 747 440

AUCTION ONSITE
Saturday 7 September 2024 at 9.30am

Property History for 50 The Boulevarde, Strathfield, NSW 2135

A timeline of how this property has performed in the market
Last Sold
$6,600,000
07 Sep 2024
  • 07 Sep 2024
    Sold for $6,600,000
  • 10 Aug 2024
    Listed for Sale Not Disclosed
  • 21 Jan 1995
    Listed for Sale Not Disclosed

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About Strathfield 2135

The size of Strathfield is approximately 6.6 square kilometres. It has 26 parks covering nearly 13.1% of total area. The population of Strathfield in 2011 was 23,638 people. By 2016 the population was 25,826 showing a population growth of 9.3% in the area during that time. The predominant age group in Strathfield is 20-29 years. Households in Strathfield are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Strathfield work in a professional occupation. In 2011, 59.1% of the homes in Strathfield were owner-occupied compared with 53.2% in 2016.

Strathfield has 11,147 properties. Over the last 5 years, Houses in Strathfield have seen a 55.60% increase in median value, while Units have seen a 10.52% increase. As at 31 October 2024:

  • The median value for Houses in Strathfield is $3,667,542 while the median value for Units is $790,521.
  • Houses have a median rent of $1,000 while Units have a median rent of $700.
There are currently 69 properties listed for sale, and 57 properties listed for rent in Strathfield on OnTheHouse. According to CoreLogic's data, 463 properties were sold in the past 12 months in Strathfield.

Suburb Insights for Strathfield 2135

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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.