SOLD
Sold on 01 Jul 2024 for $10,000,000

332 Commercial Road
Vineyard NSW 2765

Bedrooms: 8
Bathrooms: 5
Car spaces: 10
Floor area: 212m2
Land area: 20230m2
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Property Details for 332 Commercial Rd, Vineyard

Building Type
Land
Year Built
1986
Floor Size
212m2
Land Size
20230m2
Local Government
Hawkesbury
Lot/Plan
4/DP734632

Last Listing description (May 2019)

The best opportunity to purchase a prime location within the Vineyard precinct (North West Sydney). Occupying approximately 20,200sqm and comprising a mixture of R2 and R3 zoned, and open space land (refer to 9A planning certificate).
Perfectly situated just one block from Windsor Road and with views towards the Blue Mountains, this impressive site offers an outstanding development opportunity with the bonus of achieving an immediate and considerable rental return.
With two fabulous, five bedroom homes that are ready to provide an additional income stream, both have reverse cycle air conditioning and are secured by electric gates. This lush 5 acre field also includes further potential rental return from an oversized shed and animal shelter with it's own lane way entrance, and is ready to transform into residential space on this newly zoned R2 and R3 land.

This rare opportunity is within walking distance to the proposed primary school, village centre and shops, and minutes from the existing rail line, Rouse Hill Shopping Centre and new Metro Norwest.

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Property History for 332 Commercial Rd, Vineyard, NSW 2765

A timeline of how this property has performed in the market
Last Sold
$10,000,000
01 Jul 2024
  • 01 Jul 2024
    Sold for $10,000,000
  • 27 Dec 2021
    Sold for $4,200,000
  • 21 Feb 2019
    Listed for Sale Expressions of Interest
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About Vineyard 2765

The size of Vineyard is approximately 13.8 square kilometres. It has 3 parks covering nearly 0.8% of total area. The population of Vineyard in 2011 was 1,225 people. By 2016 the population was 1,165 showing a population decline of 4.9% in the area during that time. The predominant age group in Vineyard is 50-59 years. Households in Vineyard are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Vineyard work in a trades occupation. In 2011, 74.9% of the homes in Vineyard were owner-occupied compared with 70.8% in 2016.

Vineyard has 1,050 properties. Over the last 5 years, Houses in Vineyard have seen a 75.03% increase in median value, while Units have seen a 23.63% increase. As at 31 October 2024:

  • The median value for Houses in Vineyard is $1,164,164 while the median value for Units is $285,466.
  • Houses have a median rent of $750.
There are currently 27 properties listed for sale, and 10 properties listed for rent in Vineyard on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Vineyard.

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