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325 Illawarra Road, Marrickville, NSW 2204
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Auction
AUCTION
Invest, Occupy or Develop | 2 Bedroom Semi with Commercial Zoning
325 Illawarra Road, Marrickville offers owner occupiers, investors and developers a chance to secure a commercially zoned parcel of land in the heart of Illawarra Road's vibrant shopping strip, one of the most active and desirable commercial hubs in the Inner West.
This 2 bedroom home is surrounded by a choice of popular restaurants, bars, eateries, and multiple transport options all within walking distance, perfectly suited for home occupation or conversion into a commercial premises.
• Offered for the first time in 40 years
• Approx. 204 square metres of land with 6 metres of frontage to Illawarra Road
• Zoned E1 Local Centre, suitable for a variety of options including commercial, medical, food and beverage and residential uses (S.T.C.A)
• Existing improvements include a 2 bedroom semi with a considerable rear yard
• Located adjacent to renowned establishments We Three, Titus Jones Marrickville, Eat Fuh, Hello Auntie, Woolworths, Fitness Playground, and The Lazy Bones Lounge, ensuring high foottraffic and visibility day and night
• 220 metres from Marrickville Train Station which is expected to connect to the greater Sydney Metro Line network in late 2025, greatly increasing connectivity to the greater Sydney region
• Known as 'Little Asia' Illawarra Road is one of the most tightly held areas in Marrickville, an already highly popular suburb to live and work in
• Motivated vendors seeking a definite sale at auction
• All amounts are approximate
Auction Details:
For Sale by Auction on Wednesday, 20th November at 5.30pm
In Rooms & Online, 313 Marrickville Road, Marrickville NSW 2204
Nicholas Smith 0407 787 288
Dane Henrich 0414 440 221
Property Info:
- Property ID: L18352620
- Property Type:House
- Building / Floor Area:100 sqm
- Land Area:204 sqm
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R&H Suburb Profile: Marrickville
R&H Suburb Summary | Houses |
---|---|
Number of sales | 212 |
Average Price | $2,472,604 |
Median Price | $2,035,750 |
Median Rental Price | $900 p.w. |
Change in Rental Rate (5yr) | 29 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 240 |
Average Price | $943,575 |
Median Price | $891,000 |
Median Rental Price | $650 p.w. |
Change in Rental Rate (5yr) | 33 % |
Median Trend - $2,035,750
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