OFF MARKET

52 Cornelia Road
Toongabbie NSW 2146

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 110m2
Land area: 1550m2
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Last updated 11 Nov 2024
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Property Details for 52 Cornelia Rd, Toongabbie

52 Cornelia Rd, Toongabbie is a 0 bedroom, 0 bathroom House and was built in 1950. The property has a land size of 1550m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
1950
Floor Size
110m2
Land Size
1550m2
Local Government
Blacktown
Lot/Plan
85/DP11508

Last Listing description (November 2024)

Alex Georgiou & Nick Bardon are proud to present 52 Cornelia Road Toongabbie for sale.Discover the potential at 52 Cornelia Road and purchase the whole vacant block of land or each lot individually.Total land size: 1,547.8sqmLot 852, 52 Cornelia Road: 639 sqmBring your design to life and build your dream home or utilize the commercial aspect of this DA Approved 12-room boarding house with 6 car spaces.Ideal for Investors: High returns with minimal upfront development. All on site detention basins are on site for stormwater disposal.Lot 851, 52A Cornelia Road: 906 sqmCDC Plans available: Prepared for a double-storey home plus a granny flat.Flexible Development: Perfect for creating a modern, spacious living environment. Ideal for multi-generational living or additional rental income.Prime Location: Close to Portico Plaza, offering a variety of shops and services.Educational Institutions: Walk to Toongabbie Christian College, Meadows Public School (Catchment area) & Metella Road Public School.Public Transport: Short walk to bus stops and Toongabbie Train Station for easy commuting.Recreational Hub: Close proximity to Seven Hills & Toongabbie RSL clubs, parks, cafes, and restaurants.Leisure and Dining: Enjoy a vibrant community with ample leisure and dining options.Strong Demand: High demand for rental properties and modern homes ensures a profitable venture.This dual lot offering provides diverse opportunities for investors and developers, whether you're looking to develop and build brand new residential homes or capitalize on the high rental yield from the boarding house.Contact:Alex Georgiou: 0432 578 968Nick Bardon: 0409 900 237Krish Pancholi: 0448 020 653Disclaimer: All information is gathered from sources we believe to be reliable however we cannot guarantee its accuracy. Interested parties should rely on their own enquiries.

Property History for 52 Cornelia Rd, Toongabbie, NSW 2146

A timeline of how this property has performed in the market
Last Sold
$1,500,000
22 Apr 2022
Listed for Rent
$440/w
01 Nov 2017
  • 30 Sep 2024
    Listed for Sale Forthcoming Auction
  • 03 Jun 2024
    Listed for Sale Contact Agent
  • 22 Apr 2022
    Sold for $1,500,000
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About Toongabbie 2146

The size of Toongabbie is approximately 4.7 square kilometres. It has 28 parks covering nearly 19.4% of total area. The population of Toongabbie in 2011 was 13,003 people. By 2016 the population was 14,327 showing a population growth of 10.2% in the area during that time. The predominant age group in Toongabbie is 30-39 years. Households in Toongabbie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Toongabbie work in a professional occupation. In 2011, 69.7% of the homes in Toongabbie were owner-occupied compared with 66.7% in 2016.

Toongabbie has 6,391 properties. Over the last 5 years, Houses in Toongabbie have seen a 67.40% increase in median value, while Units have seen a 13.30% increase. As at 31 October 2024:

  • The median value for Houses in Toongabbie is $1,310,015 while the median value for Units is $606,529.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 52 properties listed for sale, and 35 properties listed for rent in Toongabbie on OnTheHouse. According to CoreLogic's data, 365 properties were sold in the past 12 months in Toongabbie.

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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.