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Sold on 01 Oct 2024 - Price Unavailable

4/194-202 Princes Highway
Sylvania NSW 2224

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 266m2
Land area: 2660000m2
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Property Details for 4/194-202 Princes Hwy, Sylvania

Building Type
Commercial
Floor Size
266m2
Land Size
2660000m2
Local Government
Sutherland
Lot/Plan
4/SP52946

Last Listing description (October 2024)

Ray White Commercial (SC) is proud to present a rare opportunity to acquire a unique, entry-level strata property located at Shop 4, 200-202 Princes Highway, Sylvania. Offered to the market for the first time in over 23 years, this asset will be available for sale via Auction on Tuesday, 1st October 2024.

This property comprises an internal floor area of 81 square metres* and currently houses a specialised psoriasis consultation practice. Strategically positioned at the prominent intersection of Sylvan Street and the highly trafficked Princes Highway, it benefits from exceptional visibility and exposure. The site enjoys an Average Daily Traffic Count of approximately 71,900, as reported by Transport for NSW from 2020 to 2024.

Key features of the property include:

Internal floor area of 81 square metres*
Prime corner location offering significant retail visibility
Potential for various uses with the property being offered with Vacant Possession
Average Daily Traffic Count of 71,947** (2020-2024)
Zoned E1: Local Centre & CA: Complex Area
Neighboring well-established businesses including Elders Real Estate, Domino's, and Vision Personal Training
Ample all-day parking in the vicinity
1km* to Southgate Shopping Centre
1.8km* to Paul's Famous Hamburgers
5.6km* to Jannali Train Station
9.1km* to Cronulla Beach
Vendors Retiring - Motivated Sellers

This property represents an outstanding opportunity for investors or owner-occupiers seeking a prominent location with considerable exposure and potential.

Shop 4, 200-202 Princes Highway, Sylvania is offered for sale by Auction on Tuesday, 1st October 2024 at 10:30am (AEST). The Auction will be held at AuctionWORKS, 50 Margaret Street, Sydney NSW 2000.

For further information, please contact the exclusive selling agents below

* Approximately
**Transport for NSW

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Property History for 4/194-202 Princes Hwy, Sylvania, NSW 2224

A timeline of how this property has performed in the market
Last Sold
01 Oct 2024
Listed for Rent
$1.92k/w
15 May 2009
  • 01 Oct 2024
    Sold
  • 22 Aug 2024
    Listed for Sale AUCTION
  • 20 Apr 2023
    Listed for Sale $ 767,000 NEG PLUS GST
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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 5,086 properties. Over the last 5 years, Houses in Sylvania have seen a 43.84% increase in median value, while Units have seen a 40.06% increase. As at 30 September 2024:

  • The median value for Houses in Sylvania is $1,988,252 while the median value for Units is $1,217,236.
  • Houses have a median rent of $980 while Units have a median rent of $723.
There are currently 28 properties listed for sale, and 9 properties listed for rent in Sylvania on OnTheHouse. According to CoreLogic's data, 206 properties were sold in the past 12 months in Sylvania.

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Baxter Van Heyst
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Liam Regan
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RWC SC
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