9/2 Danks StreetWaterloo NSW 2017
Property Details for 9/2 Danks St, Waterloo
Last Listing description (October 2024)
RWC South Sydney is pleased to present Shop 9/2 Danks Street Waterloo.
Location: Danks Street, Waterloo, a prominent area surrounded by major retailers, shopping centers, Green Square, and Green Square Station
Property: 20sqm* retail shop with an additional 4sqm* exclusive use area at the front Porch. Internal Toilet
Income: $28,120 plus GST
Outgoings: Tenant covers 100% of outgoings Strata, Council & Water
Rental increase each year 4%
Given the stable tenant history and long lease term, it seems like a reliable income-generating asset. The location is a plus, being in a high-traffic area with access to major transport links. If you're considering purchasing or investing in this property, the steady income and tenant responsibility for outgoings are significant advantages.
*Approximately
Property History for 9/2 Danks St, Waterloo, NSW 2017
- 10 Sep 2024Listed for Sale For Sale $560,000
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0About 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.
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