OFF MARKET

5/87 Reserve Road
Artarmon NSW 2064

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 525m2
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Property Details for 5/87 Reserve Rd, Artarmon

Building Type
Commercial
Floor Size
525m2
Local Government
Willoughby
Lot/Plan
5/SP35330

Last Listing description (May 2009)

INDUSTRIAL INVESTMENT
EXCELLENT INVESTMENT IN THE HEART OF ARTARMON, WITH FOUR TENANCIES ON LEASES PLUS 4 CAR SPACES. SUITABLE FOR INDUSTRIAL USES.
FACILITIES INCLUDE:

* GOOD CONTAINER ACCESS
* AMPLE PARKING
* OWN FACILITIES
* LOADING BAYS
THIS PROPERTY IS A HIGH SECURITY FACILITY WITH WALLS SHEETED IN STEEL AND HAS UNLOADING BAYS SEPARATE FROM THE WAREHOUSE.
THERE ARE TEMPERATURE CONTROLLED SECTIONS, WHICH MAKES IT SUITABLE FOR DOCUMENT STORAGE AS THE CONTROLS ALSO MONITOR DUST AND MOISTURE.
THIS IS A VERY SAFE INVESTMENT!
COUNCIL RATES: $1,360
WATER RATES: $463.96
STRATA LEVY: $10,340
TOTAL OUTGOINGS: $12,163.96
GROSS INCOME: $178,595
NET INCOME: $166,431
INSPECTIONS: STRICTLY BY APPOINTMENT
CONTACT: FRANK BIRD 0417 427 310

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Property History for 5/87 Reserve Rd, Artarmon, NSW 2064

A timeline of how this property has performed in the market
Last Sold
$810,000
22 Sep 2003
Listed for Rent
$1.55k/w
17 Apr 2015
  • 16 Apr 2015
    Listed for Rent $80,731 / year
  • 10 Oct 2014
    Listed for Rent $105,000 / year
  • 24 Jun 2010
    Listed for Rent - Price not available
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About Artarmon 2064

The size of Artarmon is approximately 2.5 square kilometres. It has 11 parks covering nearly 7.7% of total area. The population of Artarmon in 2011 was 8,642 people. By 2016 the population was 9,513 showing a population growth of 10.1% in the area during that time. The predominant age group in Artarmon is 30-39 years. Households in Artarmon are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Artarmon work in a professional occupation. In 2011, 51.2% of the homes in Artarmon were owner-occupied compared with 47.9% in 2016.

Artarmon has 5,302 properties.

    There are currently 13 properties listed for sale, and 37 properties listed for rent in Artarmon on OnTheHouse. According to CoreLogic's data, 196 properties were sold in the past 12 months in Artarmon.

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