SOLD
Sold on 30 Nov 2023 for $7,000,000

7 Bronzewing Street
Tahmoor NSW 2573

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5138m2
Sold By
Yosh Mendis
BURGESS RAWSON SYDNEY
Save

Property Details for 7 Bronzewing St, Tahmoor

Building Type
Commercial
Land Size
5138m2
Local Government
Wollondilly
Lot/Plan
2/DP271249

Last Listing description (November 2023)

Burgess Rawson is pleased to offer 7 Bronzewing Street, Tahmoor NSW to the market for sale via our Investment Portfolio Auction 165.

The property has the following key investment highlights:

+ 10 year net lease to 2029 plus options extending to 2049

+ Unique rent review structure - greater of 3.5% pa. or 12% of annual turnover with lease provision to ensure rent cannot reduce
+ Modern strong performing 152 licensed LDC centre adjoining Tahmoor Public School and new Swim School
+ Neighbouring McDonald's, BP & El Jannah & proposed new large format retail, medical & tyre/auto
+ Significant 5,138sqm landholding with direct access to surrounding new proposed development.
+ Net lease, tenant pays all outgoings inc land tax, management & repairs & maintenance
+ Land Tax free commercial investment
+ Modern 2019 construction providing excellent depreciation benefits
+ Wollondilly Shire: set to soar in population by 74% by 2041^
+ Child Care/Early Education is an essential service and one of Australia's most sought-after asset classes. Both the Federal and State Governments have allocated unprecedented funding to support this sector. In 2022-2023, the Federal Government is projected to contribute $10.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform. ^
+ Net Income: $402,755 pa* + GST

To be sold by Investment Portfolio Auction
10:30 am AEST Tuesday 5 December 2023
Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx.
^Forecast.id

Property History for 7 Bronzewing St, Tahmoor, NSW 2573

A timeline of how this property has performed in the market
Last Sold
$7,000,000
30 Nov 2023
  • 30 Nov 2023
    Sold for $7,000,000
  • 08 Nov 2023
    Listed for Sale Contact Agent
  • 20 Apr 2021
    Listed for Sale Contact Agent
Sign in to see more transactions

Commute Calculator

About Tahmoor 2573

The size of Tahmoor is approximately 16.6 square kilometres. It has 11 parks covering nearly 3.5% of total area. The population of Tahmoor in 2011 was 4,505 people. By 2016 the population was 5,069 showing a population growth of 12.5% in the area during that time. The predominant age group in Tahmoor is 0-9 years. Households in Tahmoor are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tahmoor work in a trades occupation. In 2011, 67.5% of the homes in Tahmoor were owner-occupied compared with 67.1% in 2016.

Tahmoor has 3,915 properties. Over the last 5 years, Houses in Tahmoor have seen a 62.22% increase in median value, while Units have seen a 26.59% increase. As at 31 July 2024:

  • The median value for Houses in Tahmoor is $898,055 while the median value for Units is $505,146.
  • Houses have a median rent of $575 while Units have a median rent of $460.
There are currently 81 properties listed for sale, and 13 properties listed for rent in Tahmoor on OnTheHouse. According to CoreLogic's data, 263 properties were sold in the past 12 months in Tahmoor.

Suburb Insights for Tahmoor 2573

Market Insights
Tahmoor Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Tahmoor Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.