238 Old Northern Road, Castle Hill, NSW 2154 | House for sale | OnTheHouse
 
FOR SALE
$2,500,000 - $2,600,000

238 Old Northern Road
Castle Hill NSW 2154

Bedrooms: 7
Bathrooms: 2
Car spaces: 11
Land area: 682m2
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High-Exposure Freehold Investment with Strong Lease | Castle Hill Core Location.

Presenting a rare opportunity to secure a high-profile freehold commercial property positioned along the tightly held Old Northern Road precinct in Castle Hill. Set on a substantial 682 sqm (approx.) landholding, this asset offers excellent exposure, strong holding income, and significant long-term upside.
Currently occupied by an established and actively trading business, the property benefits from a secure lease structure, providing immediate and consistent cash flow. With R4 High Density Residential zoning, the site presents compelling future redevelopment potential (STCA), making it a strategic acquisition for investors and land-bank buyers alike.
Strategically located within close proximity to Castle Hill Metro, major arterial roads, and a wide range of retail and lifestyle amenities, this property combines convenience, visibility, and growth potential in one of Sydney's most sought-after north-west corridors.
Key Features:
• Freehold commercial property in prime Castle Hill location
• Generous 682 sqm (approx.) landholding
• Secure 5 + 5 year lease providing long-term income stability
• Rental return of approximately $104,000 p.a. (~$2,000 per week)
• Established active business in operation
• Zoned R4 High Density Residential - future development potential (STCA)
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Property Details for 238 Old Northern Rd, Castle Hill

238 Old Northern Rd, Castle Hill is a 7 bedroom, 2 bathroom House with 11 parking spaces. The property has a land size of 682m2. The place is currently for sale with Ray White Castle Hill.

Building Type
House
Land Size
682m2
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About Castle Hill 2154

The size of Castle Hill is approximately 18.9 square kilometres. There are 68 parks, covering nearly 12.1% of the total area. The population of Castle Hill in 2016 was 39594 people. By 2021 the population was 40874 showing a population growth of 3.2% in the area during that time. The predominant age group in Castle Hill is 40-49 years. Households in Castle Hill are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Castle Hill work in a professional occupation.In 2021, 72.40% of the homes in Castle Hill were owner-occupied compared with 74.50% in 2016.

Castle Hill has 20,216 properties. Over the last 5 years, Houses in Castle Hill have seen a 10.74% increase in median value, while Units have seen a 1.35% increase. As at 31 August 2026:

  • The median value for Houses in Castle Hill is $2,269,235 while the median value for Units is $961,270.
  • Houses have a median rent of $975 while Units have a median rent of $800.
There are currently 214 properties listed for sale, and 74 properties listed for rent in Castle hill on OnTheHouse. According to Cotality's data, 692 properties were sold in the past 12 months in Castle hill.

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Paul Conti
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Ray White Castle Hill
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