OFF MARKET

2/17 Danks Street
Waterloo NSW 2017

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 58m2
Land area: 97m2
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Property Details for 2/17 Danks St, Waterloo

2/17 Danks St, Waterloo is a 0 bedroom, 0 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 97m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
2015
Floor Size
58m2
Land Size
97m2
Local Government
Sydney
Lot/Plan
2/SP91436

Last Listing description (July 2019)

TENANTED BY THE WORLD'S FASTEST GROWING GYM FRANCHISE

CBRE, as the exclusive sales agent, is pleased to present Lot 2, 17-19 Danks Street, Waterloo. This property is currently tenanted by one of the worlds largest gym franchises, Orangetheory Fitness, on a long 10-year lease to 2027. Situated in the burgeoning suburb of Waterloo, the property is a secure retail investment supported by an international tenant, all whilst being just a short distance from Sydney CBD.


Lot 2, 17-19 Danks Street, Waterloo benefits from the following key attributes:

- Tenanted by Orangetheory Fitness, a global giant in the fitness industry with over 1,000 locations worldwide
- Long term 10 year lease with options to 2037
- Secure retail investment with a net passing income of $114,735 per annum*
- Total strata area: 397sqm*
- Set to benefit from the future Waterloo Metro Station
- Rapidly growing suburb with a number of high density developments under construction or in planning
- Surrounded by an abundance of shopping amenity
- The future Green Square development in Zetland is expected to bring 61,000 new residents and 22,000 new workers to the area by 2030
- Just 1.9km* to Sydney CBD

Lot 2, 17-19 Danks Street, Waterloo will be offered for sale via public auction on Tuesday 30 October 2018 at 10.30am.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approximate

*All financial figures have been provided by the Vendor. Purchasers are advised to conduct their own independent due diligence.

Property History for 2/17 Danks St, Waterloo, NSW 2017

A timeline of how this property has performed in the market
Last Sold
$935,000
22 Feb 2022
  • 22 Feb 2022
    Sold for $935,000
  • 15 Apr 2019
    Listed for Sale Contact Agent
  • 16 Apr 2013
    Sold for $635,000

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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 10,588 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 101 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.