34-42 Innesdale RoadWolli Creek NSW 2205
Property Details for 34-42 Innesdale Rd, Wolli Creek
34-42 Innesdale Rd, Wolli Creek is a bedroom, bathroom House. The property has a land size of 5160m2 and floor size of 1124m2. While the property is not currently for sale or for rent, it was last sold in April 2017.
Last Listing description (May 2017)
JLL Hotels & Hospitality Group has been exclusively appointed to offer for sale the Quality Hotel CKS Sydney Airport.
Property features and investment highlights include:
Leading budget-boutique airport hotel featuring 121 modern and well-appointed guest rooms, a restaurant & bar, two conference rooms and extensive car parking
Substantial 5,150sqm freehold site with three street frontages which offers a number of long term expansion and redevelopment options due to favourable high density residential zoning provisions
Strategically positioned to benefit from Sydney Airport, Australia's busiest airport which catered to around 39.7 million passengers in 2015 and is forecast to receive around 74.3 million passengers by 2033
This sale represents a rare opportunity to enter the Sydney hotel investment market through an asset with excellent business and real estate fundamentals, together with sizeable future redevelopment potential.
EXPRESSIONS OF INTEREST Close midday (AEDT) Friday 28 October 2016
Property History for 34-42 Innesdale Rd, Wolli Creek, NSW 2205
- 13 Apr 2017Sold for $32,000,000
- 23 Sep 2016Listed for Sale Not Disclosed
- 15 May 2014Sold for $23,880,000
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About Wolli Creek 2205
The size of Wolli Creek is approximately 0.7 square kilometres. It has 4 parks covering nearly 18.9% of total area. The population of Wolli Creek in 2011 was 2,828 people. By 2016 the population was 6,409 showing a population growth of 126.6% in the area during that time. The predominant age group in Wolli Creek is 20-29 years. Households in Wolli Creek are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wolli Creek work in a professional occupation. In 2011, 43.5% of the homes in Wolli Creek were owner-occupied compared with 35.2% in 2016.
Wolli Creek has 5,868 properties. Over the last 5 years, Houses in Wolli Creek have seen a 24.07% increase in median value, while Units have seen a 14.25% increase. As at 31 October 2024:
- The median value for Houses in Wolli Creek is $1,496,071 while the median value for Units is $827,996.
- Houses have a median rent of $800 while Units have a median rent of $800.
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