2/76 Mitchell RoadAlexandria NSW 2015
Property Details for 2/76 Mitchell Rd, Alexandria
Last Listing description (October 2023)
Located on the corner of Mitchell Rd and Fountain Street Alexandria in this former antique store adaptive reuse landmark corner development.
Brand new to the market and the first time offered FOR SALE, this prime street front retail space is outstanding value and well located for future capital growth in the popular Alexandria 2015 area.
92sqm NLA + one (1) undercover/secure car space on title. Featuring exposed timber ceiling and steel beams, 3.5 metre ceiling height, large bi-fold windows, polished concrete floors, and exposed period brickwork beneath the current gyprock fitout.
This is a very versatile space which also importantly includes direct connection to grease trap and mechanical exhaust catering for future food & beverage operations given its flexible zoning.
Not limited to F & B though this space is currently leases to mitchellrdchiropractic.com.au on a five (5) + five (5) year lease who are a fantastic tenant providing stable income in the interim. Starting 15th June 2021 an annual 2.5% increase will be in effect by settlement, with three (3) years remaining on the initial term before a market review at option.
This is an outstanding offering which provides the successful purchaser GST exemption on the 'going concern' sale while buying at well below current market values due to the current under rented nature of the property.
This is an opportunity that must be considered due to the future upside whilst delivering rental security today.
Property History for 2/76 Mitchell Rd, Alexandria, NSW 2015
- 23 May 2023Listed for Sale Contact Agent
- 21 Oct 2019Listed for Rent - Price not available
- 06 Jun 2019Listed for Sale $1,200,000
Recent sales nearby
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0About Alexandria 2015
The size of Alexandria is approximately 3.5 square kilometres. It has 10 parks covering nearly 14.2% of total area. The population of Alexandria in 2016 was 8262 people. By 2021 the population was 9649 showing a population growth of 16.8% in the area during that time. The predominant age group in Alexandria is 30-39 years. Households in Alexandria are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Alexandria work in a professional occupation.In 2021, 46.40% of the homes in Alexandria were owner-occupied compared with 46.90% in 2016.
Alexandria has 8,427 properties. Over the last 5 years, Houses in Alexandria have seen a 39.02% increase in median value, while Units have seen a 18.64% increase. As at 31 December 2025:
- The median value for Houses in Alexandria is $2,232,538 while the median value for Units is $1,017,025.
- Houses have a median rent of $950 while Units have a median rent of $800.
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