SOLD
Sold on 09 Feb 2024 for $2,200,000

535 Willoughby Road
Willoughby NSW 2068

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 82m2
Land area: 285m2
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Property Details for 535 Willoughby Rd, Willoughby

Building Type
Commercial
Year Built
1974
Floor Size
82m2
Land Size
285m2
Local Government
Willoughby
Lot/Plan
5/DP13003

Last Listing description (November 2023)

Sutton Anderson is pleased to present 535 Willoughby Rd, Willoughby. This is an exceptionally rare opportunity to acquire a well maintained, recently renovated freehold building in the heart of Willoughby's retail precinct.

Featuring a ground floor retail premises, formerly trading as a hair salon, with a modern & immaculate 2 bedroom apartment on level 1. Rear lane access to excellent off-street parking via a 4-car carport. Perfectly positioned in the thriving Willoughby retail strip.

Neighbours include The Bridgeview Hotel, Willoughby Girls High, Anytime Fitness, Bing Lee, Willoughby Chemist, Porsche Centre, plus an assortment of boutique eateries, retailers plus medical and professional service operators.

Property features include:-

Immaculate building, excellent condition
Large glass frontage, great exposure
285m2 land size w rear lane access
Fantastic parking for 4 cars
Ground floor retail formerly leased for $72,792 + GST
Impressive 2 bedroom, 1 bath residence
Large sunny tranquil backyard
Favourable zoning allowing for development upside
Easy transport into CBD and Chatswood
Fantastic exposure to over 35,000 passing cars daily

For more information, contact Sutton Anderson today.

Property History for 535 Willoughby Rd, Willoughby, NSW 2068

A timeline of how this property has performed in the market
Last Sold
$2,200,000
09 Feb 2024
Listed for Rent
$680/w
02 Nov 2017
  • 09 Feb 2024
    Sold for $2,200,000
  • 30 Aug 2023
    Listed for Sale Price Reduction $2.25m Plus
  • 13 Mar 2013
    Listed for Rent - Price not available
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About Willoughby 2068

The size of Willoughby is approximately 1.6 square kilometres. It has 11 parks covering nearly 5.8% of total area. The population of Willoughby in 2011 was 5,920 people. By 2016 the population was 6,504 showing a population growth of 9.9% in the area during that time. The predominant age group in Willoughby is 40-49 years. Households in Willoughby are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Willoughby work in a professional occupation. In 2011, 70.4% of the homes in Willoughby were owner-occupied compared with 70.1% in 2016.

Willoughby has 3,625 properties. Over the last 5 years, Houses in Willoughby have seen a 48.24% increase in median value, while Units have seen a 11.92% increase. As at 31 October 2024:

  • The median value for Houses in Willoughby is $3,472,522 while the median value for Units is $1,029,423.
  • Houses have a median rent of $1,200 while Units have a median rent of $725.
There are currently 19 properties listed for sale, and 12 properties listed for rent in Willoughby on OnTheHouse. According to CoreLogic's data, 205 properties were sold in the past 12 months in Willoughby.

Suburb Insights for Willoughby 2068

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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.