OFF MARKET

18 Danks Street
Waterloo NSW 2017

Bedrooms: -
Bathrooms: -
Car spaces: 52
Land area: 4799m2
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Property Details for 18 Danks St, Waterloo

Building Type
Commercial
Land Size
4799m2
Local Government
Sydney
Lot/Plan
CP/SP89618

Last Listing description (June 2021)

JLL & IB property are pleased to present Casba at 18 Danks Street, Waterloo.

A retail investment opportunity in the heart of one of Sydney's most sought-after lifestyle and homewares precincts.


Key investment highlights include:

A fully leased, multiple award winning retail investment underpinned by long-established tenants
Resilient luxury homewares destination that combines strong cashflow with potential strata upside for astute investors
Net lettable area of 1,843 sqm including 242 sqm external, nine individual lots plus parking for 52 vehicles
Long term leases with premium homewares tenants with over 217 years of combined history and trading experience
Passing net income of $957,684 per annum plus GST; 3.75% average annual increases
WALE is 4.3 years by income as at 1 February 2021

For Sale by way of Expressions of Interest closing at 3pm (AEDT) Tuesday 9th March, 2021.

For further information, please contact the Exclusive Selling Agents.

Property History for 18 Danks St, Waterloo, NSW 2017

A timeline of how this property has performed in the market
Last Sold
$8,000,000
25 May 2009
Listed for Rent
$2.32k/w
15 Jun 2018
  • 11 Feb 2021
    Listed for Sale Contact the agent
  • 23 Apr 2018
    Listed for Rent $65,000 / year
  • 05 Feb 2018
    Listed for Rent $65,000 / year
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About Waterloo 2017

The size of Waterloo is approximately 1.1 square kilometres. It has 17 parks covering nearly 8% of total area. The population of Waterloo in 2011 was 10,657 people. By 2016 the population was 14,608 showing a population growth of 37.1% in the area during that time. The predominant age group in Waterloo is 20-29 years. Households in Waterloo are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Waterloo work in a professional occupation. In 2011, 20.5% of the homes in Waterloo were owner-occupied compared with 24.4% in 2016.

Waterloo has 10,587 properties. Over the last 5 years, Houses in Waterloo have seen a 35.74% increase in median value, while Units have seen a 15.54% increase. As at 30 November 2024:

  • The median value for Houses in Waterloo is $1,601,569 while the median value for Units is $1,022,498.
  • Houses have a median rent of $950 while Units have a median rent of $930.
There are currently 43 properties listed for sale, and 100 properties listed for rent in Waterloo on OnTheHouse. According to CoreLogic's data, 396 properties were sold in the past 12 months in Waterloo.

Suburb Insights for Waterloo 2017

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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.