OFF MARKET

60 Railway Road
Sydenham NSW 2044

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 306m2
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Last updated 16 Sep 2024
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Property Details for 60 Railway Rd, Sydenham

60 Railway Rd, Sydenham is a 1 bedroom, 1 bathroom Unit. The property has a land size of 306m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
Unit
Land Size
306m2
Local Government
Inner West
Lot/Plan
157/DP750

Last Listing description (August 2023)

X MARKS THE SPOT
60 Railway Road represents an excellent and rare opportunity to acquire a mixed use freehold investment in the heart of Sydenham. Located opposite 'Sydenham Green', the property benefits from its close proximity to Sydney CBD, Sydney Airport , Sydenham station and Neighboring Marrickville & St Peters with an abundance of amenity.

Current improvements comprise a multi level building including a ground floor office , 1x 3 bedroom apartment, 5x studio apartments and warehouse with rear lane access.

THE KEY X-FACTORS OF 60 RAILWAY ROAD INCLUDE:
- Net passing Income $165,000* per annum
- Architecturally designed apartments
- Rear lane access
- 460sqm* of existing building
- 306sqm* site area
- 2 Commercial & 6 Residential tenancies
- 350m* to Sydenham station
- 8km* from Sydney CBD
(*Approx.)

For more information, please contact the exclusive selling agents:
Lachlan Palm - 0431 723 010
Daniel O'Brien - 0404 860 747

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Property History for 60 Railway Rd, Sydenham, NSW 2044

A timeline of how this property has performed in the market
Last Sold
$1,640,000
12 Nov 2019
Listed for Rent
$450/w
06 Nov 2023
  • 02 Feb 2021
    Listed for Rent $350 / week
  • 12 Nov 2019
    Sold for $1,640,000
  • 05 Sep 2019
    Listed for Sale Contact Agent
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About Sydenham 2044

The size of Sydenham is approximately 0.3 square kilometres. It has 6 parks covering nearly 19.3% of total area. The population of Sydenham in 2011 was 1,020 people. By 2016 the population was 1,139 showing a population growth of 11.7% in the area during that time. The predominant age group in Sydenham is 30-39 years. Households in Sydenham are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Sydenham work in a professional occupation. In 2011, 66.9% of the homes in Sydenham were owner-occupied compared with 62.1% in 2016.

Sydenham has 632 properties. Over the last 5 years, Houses in Sydenham have seen a 51.12% increase in median value, while Units have seen a -10.39% decrease. As at 31 August 2024:

  • The median value for Houses in Sydenham is $1,678,897 while the median value for Units is $621,099.
  • Houses have a median rent of $890 while Units have a median rent of $600.
There are currently 2 properties listed for sale, and 3 properties listed for rent in Sydenham on OnTheHouse. According to CoreLogic's data, 25 properties were sold in the past 12 months in Sydenham.

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