845-847 New Canterbury Road, Dulwich Hill, NSW 2203

  • 1
  • 1
  • 8

Sold

Sold for $3,620,000 (Aug 23, 2021)

Development Site Opportunity - 774sqm

Raine and Horne Commercial Annandale are pleased to present 845 – 847 New Canterbury Road, Dulwich Hill.

This is an exciting opportunity to secure two lots on one title. Last sold thirty five years ago. Currently used as a Medical Centre. Lease expires in May 2022 and tenant would like to stay on. Passing income in place is a perfect situation whilst submitting plans to council.

Features:

-Two lots on one title – 774sqm approx.

-Street Frontage – 12.2 meters

-Zoned B2 – Local Centre

-FSR – 1.75 : 1

-Height Permitted – 14 meters

-Future Development – STCA

-Marrickville Council

-Prime for Mixed Use Development

Details of Rental Income:

Medical Centre – $67,000 plus GST NET p.a.

Outgoings (paid by tenant) approx.:

Land Tax – $30,000 p.a. Council Rates – $8,000 p.a. Water Rates – $800 p.a. Insurance $2000 p.a.

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Property Info:
  • Property ID: L13399042
  • Property Type: House
  • Open Parking: 8
  • Land Area: 774.0 sqm
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R&H Suburb Profile: Dulwich Hill

R&H Suburb Summary Houses
Number of sales 84
Average Price $1,907,006
Median Price $1,840,000
Median Rental Price $750 p.w.
Change in Rental Rate (5yr) 8 %
R&H Suburb Summary Units
Number of sales 198
Average Price $832,985
Median Price $775,000
Median Rental Price $450 p.w.
Change in Rental Rate (5yr) -2 %
Dulwich Hill, NSW - Median Trend
$1,840,000