SOLD
Sold on 31 Oct 2024 for $4,366,450

234-236 Princes Highway
Sylvania NSW 2224

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 123m2
Land area: 1164m2
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Property Details for 234-236 Princes Hwy, Sylvania

Building Type
Commercial
Floor Size
123m2
Land Size
1164m2
Local Government
Sutherland
Lot/Plan
16/B/DP16316

Last Listing description (February 2019)

- PRIME LOCATION
- FULLY FITTED FOR FOOD USE
- AVAILABLE NOW

Located on busy Princess Highway, Perfect location for your next caf or restaurant opportunity.
The property is set up and ready to go and has been trading as a restaurant for many years, this is your chance to make your mark in popular Sylvania.
Key points:
- Currently fitted out for food use.
- Building area - 110 sqm (approx.)
- Exhaust fan and grease trap
- Potential for outdoor seating
- On and off-street parking
- Air conditioned

Property History for 234-236 Princes Hwy, Sylvania, NSW 2224

A timeline of how this property has performed in the market
Last Sold
$4,366,450
31 Oct 2024
Listed for Rent
$11k/w
26 Feb 2019
  • 31 Oct 2024
    Sold for $4,366,450
  • 22 Aug 2024
    Sold
  • 17 Dec 2018
    Listed for Rent - Price not available
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About Sylvania 2224

The size of Sylvania is approximately 4.4 square kilometres. It has 11 parks covering nearly 4% of total area. The population of Sylvania in 2011 was 9,729 people. By 2016 the population was 10,489 showing a population growth of 7.8% in the area during that time. The predominant age group in Sylvania is 40-49 years. Households in Sylvania are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Sylvania work in a professional occupation. In 2011, 73.8% of the homes in Sylvania were owner-occupied compared with 75.5% in 2016.

Sylvania has 5,091 properties. Over the last 5 years, Houses in Sylvania have seen a 49.46% increase in median value, while Units have seen a 38.17% increase. As at 30 November 2024:

  • The median value for Houses in Sylvania is $1,962,133 while the median value for Units is $1,290,100.
  • Houses have a median rent of $985 while Units have a median rent of $700.
There are currently 25 properties listed for sale, and 14 properties listed for rent in Sylvania on OnTheHouse. According to CoreLogic's data, 194 properties were sold in the past 12 months in Sylvania.

Suburb Insights for Sylvania 2224

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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.