SOLD
Sold on 01 Feb 2024 for $950,000

35 Shadforth Street
Wiley Park NSW 2195

Bedrooms: 1
Bathrooms: 1
Car spaces: 10
Land area: 563m2
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Property Details for 35 Shadforth St, Wiley Park

Building Type
Commercial
Land Size
563m2
Local Government
Canterbury-Bankstown
Lot/Plan
D/DP311662

Last Listing description (June 2024)

Agent " Rahat " is proud to present this excellent opportunity to secure this development site within a Prime location in the heart of Wiley Park
Unlock the Potential. 2 Houses side by side. Huge Land with Rental Potential of $760k p.a. for 40 rooms - DA APPROVED!
# DA approved boarding house.

# 40 self-contained studio apartments
# Some of them with balconies
# Large ground level Managers Room
# Basement Car spaces
Prime location Shadforth Street
Approx. projected income of $760,000 / PA , on completion.
This is an ideal long-term investment to develop a DA approved boarding house with 40 self-contained studio apartments. Strong income potential upon completion.

Land Use Zone R4
Maximum Height 11.5metres
Maximum Floor Space Ratio 0.9

Currently Featuring:
# 35 Shadforth st :
3 Bedroom House
1 Bathroom
# 37 Shadforth street
3 Bedroom
1 Bathroom
Total land area of 1126 sqm.

Located on Shadforth street Wiley Park NSW 2195 ,consisting of a collection of shops, restaurants, cafes and well serviced by public transport with 5 min walk to train station regular buses .

Inspections: By prearranged appointment only
Call Rahat Ferdaus : 0432 520 856

Disclaimer:
All information contained herein is gathered from sources we deemed or believed to be reliable. Ray White Lakemba does not warrant the accuracy of the information and interested persons should rely wholly on their own inquiries.

Property History for 35 Shadforth St, Wiley Park, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$950,000
01 Feb 2024
Listed for Rent
$320/w
30 Mar 2012
  • 01 Feb 2024
    Sold for $950,000
  • 24 Aug 2022
    Listed for Sale Expressions of Interest | Rahat Ferdaus |
  • 08 Dec 2011
    Listed for Rent - Price not available
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About Wiley Park 2195

The size of Wiley Park is approximately 1.4 square kilometres. It has 2 parks covering nearly 6.6% of total area. The population of Wiley Park in 2011 was 9,697 people. By 2016 the population was 10,121 showing a population growth of 4.4% in the area during that time. The predominant age group in Wiley Park is 30-39 years. Households in Wiley Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wiley Park work in a labourer occupation. In 2011, 47.3% of the homes in Wiley Park were owner-occupied compared with 39.5% in 2016.

Wiley Park has 4,147 properties. Over the last 5 years, Houses in Wiley Park have seen a 64.81% increase in median value, while Units have seen a 17.15% increase. As at 31 October 2024:

  • The median value for Houses in Wiley Park is $1,347,971 while the median value for Units is $481,802.
  • Houses have a median rent of $700 while Units have a median rent of $500.
There are currently 18 properties listed for sale, and 12 properties listed for rent in Wiley park on OnTheHouse. According to CoreLogic's data, 179 properties were sold in the past 12 months in Wiley park.

Suburb Insights for Wiley Park 2195

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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.