207 Canley Vale Road, Canley Heights, NSW 2166

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Auctioned

Auctioned for $2,850,000 (Apr 24, 2021)

Tightly Held Freestanding Commercial with Bonus Residential Unit!

Raine & Horne Cabramatta

Canley Heights & Raine & Horne Liverpool are proud to present this unique value adding opportunity to acquire the freehold interest at 207 Canley Vale Road, Canley Heights! A magnificent and extremely rare offering that provides investors and owners occupiers a unique opportunity to acquire a strategically located retail property in one of the busiest Asian retail areas of Western Sydney. Investors will have the ability to enjoy a diversified income stream generated from a mix of retail and residential with the potential to further add value through future improved rental income. The property occupies approximately 208sqm and forms part of the main strip of Canley Heights, prominently located with rear lane access to the existing residential premise. A desirable and sought after holding for owner occupiers to secure a tightly held business premise within a vibrant and growing retail/residential locality ( subject to existing lease terms ).

Highlight Features:

• High profile and tightly held location in Canley Height’s busy retail precinct

• Huge Exposure to passing traffic

• Established neighbouring businesses

• Rear access ideal for off street deliveries and access

• Strong income security and growth fundamentals

• Value add opportunity to increase rental potential

• Mixture of commercial and residential tenancies

Site Features:

• Zone B2 Local Centre

• Site area: 208sqm ( approximate )

• Dimensions: 6.2m x 34.4m ( approximate )

• Rear lane access to commercial and residential premise

Income Features:

Commercial: $31,733.16 + GST per annum

Residential: $12,480.00 per annum

Total: $44,213.16 per annum

For more information please contact the exclusive agents for an Information Memorandum or an on-site inspection.

Peter Ly

Director & Licensee

Raine & Horne Canley Heights

Shop 3/231 Canley Vale Road Canley Heights NSW 2166

Ph: (02) 9727 8822

M: 0414 982 978

E: [email protected]

Vince Labbozzetta

Director & Licensee

Raine & Horne Liverpool

201 George Street Liverpool NSW 2170

Ph: (02) 9602 3333

M: 0433 168 613

E: [email protected]

Peter.profile
Director/Licensee in Charge
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Property Info:
  • Property ID: L6473426
  • Property Type: House
  • Building / Floor Area: 122 sqm
  • Garages: 1
  • Land Area: 208.0 sqm
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R&H Suburb Profile: Canley Heights

R&H Suburb Summary Houses
Number of sales 105
Average Price $810,663
Median Price $810,000
Median Rental Price $460 p.w.
Change in Rental Rate (5yr) 2 %
R&H Suburb Summary Units
Number of sales 4
Average Price $745,000
Median Price $615,000
Median Rental Price $430 p.w.
Change in Rental Rate (5yr) 0 %
Canley Heights, NSW - Median Trend
$810,000