SOLD
Sold on 22 Dec 2023 for $720,000

2/28 Glenwood Drive
Thornton NSW 2322

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 384m2
Land area: 3608m2
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Property Details for 2/28 Glenwood Dr, Thornton

Building Type
Commercial
Floor Size
384m2
Land Size
3608m2
Local Government
Maitland
Lot/Plan
2/SP85754

Last Listing description (October 2023)

Located in the Thornton Industrial Estate and only minutes to the New England Highway, M1 and Hunter Expressway.

This premium industrial unit makes the perfect addition to any investment portfolio with a current lease in place expiring May 2024, with an option for a further 2 years.

Featuring glass shopfront entry opening up into an air-conditioned showroom/office area with a mix of carpet and ceramic tiled floors as well as bathroom/shower and kitchenette amenities. The clear span, high clearance warehouse/workshop area is easily accessible via 2 large auto roller doors and features 3 phase power, whilst the mezzanine level offers open plan office space with floating timber flooring, NBN/data connectivity and kitchen/bathroom amenities together with additional work and/or storage areas.

With an opportunity to purchase GST free, can you afford to miss out on this investment offering?
Contact our office today for more information.

Property History for 2/28 Glenwood Dr, Thornton, NSW 2322

A timeline of how this property has performed in the market
Last Sold
$720,000
22 Dec 2023
Listed for Rent
$862/w
18 May 2022
  • 22 Dec 2023
    Sold for $720,000
  • 03 Oct 2023
    Listed for Sale Contact Agent
  • 22 Feb 2022
    Listed for Rent $45,000 / year
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About Thornton 2322

The size of Thornton is approximately 16.6 square kilometres. It has 6 parks covering nearly 1.2% of total area. The population of Thornton in 2011 was 7,861 people. By 2016 the population was 8,060 showing a population growth of 2.5% in the area during that time. The predominant age group in Thornton is 0-9 years. Households in Thornton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thornton work in a trades occupation. In 2011, 80.9% of the homes in Thornton were owner-occupied compared with 77.3% in 2016.

Thornton has 5,144 properties. Over the last 5 years, Houses in Thornton have seen a 58.09% increase in median value, while Units have seen a 56.70% increase. As at 31 October 2024:

  • The median value for Houses in Thornton is $813,640 while the median value for Units is $513,403.
  • Houses have a median rent of $600 while Units have a median rent of $530.
There are currently 37 properties listed for sale, and 3 properties listed for rent in Thornton on OnTheHouse. According to CoreLogic's data, 238 properties were sold in the past 12 months in Thornton.

Suburb Insights for Thornton 2322

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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.