1-3 Station StreetWentworthville NSW 2145
Property Details for 1-3 Station St, Wentworthville
Last Listing description (November 2023)
Under instructions from the Agents for the Mortgagee in Possession, Phillip Campbell-Wilson and Said Jahani of Grant Thornton, RWC is pleased to present 1-15 Station Street, Wentworthville to the market via Expressions of Interest.
An exceptional mixed-use building with strong cash flow, diverse income, and development upside making it a prime proposition for investors and developers.
Strategically located just 20m* from the train station and proximity to the major employment centres including Parramatta CBD and the Westmead Health and Education Precinct.
Additional highlights of the property are outlined below:
Current annual net income of $476,950^^
Diverse revenue streams encompassing various tenants
Combined land area of 924.75 sqm across four properties
Zoned as E1 local centre (Formerly B2 Local Centre)
Floor space ratio (FSR): 4.5:1
Building Height (HOB): 53 metres
Situated on a prime front location, boasting an impressive 51m* frontage
Desirable business destination underpinned by high volume pedestrian foot traffic
The property will be offered for sale via Expressions of Interest closing Wednesday 27th September 2023 at 3:00pm.
For more information, please contact the below exclusive selling agents.
^^Based on information available, RWC recommends prospective purchasers to conduct their own due diligence.
*Approximately
Property History for 1-3 Station St, Wentworthville, NSW 2145
- 10 Oct 2023Sold for $2,089,786
- 27 Apr 2023Listed for Sale $19,000,000
- 14 Nov 2022Sold for $3,900,000
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About Wentworthville 2145
The size of Wentworthville is approximately 3.1 square kilometres. It has 18 parks covering nearly 7.7% of total area. The population of Wentworthville in 2011 was 10,588 people. By 2016 the population was 11,297 showing a population growth of 6.7% in the area during that time. The predominant age group in Wentworthville is 30-39 years. Households in Wentworthville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wentworthville work in a professional occupation. In 2011, 57.4% of the homes in Wentworthville were owner-occupied compared with 51.2% in 2016.
Wentworthville has 6,596 properties. Over the last 5 years, Houses in Wentworthville have seen a 67.85% increase in median value, while Units have seen a 7.98% increase. As at 30 September 2024:
- The median value for Houses in Wentworthville is $1,495,032 while the median value for Units is $570,763.
- Houses have a median rent of $698 while Units have a median rent of $610.
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