Property Details for 21 Ethel Ave, Brookvale
Last Listing description (September 2022)
Freehold Industrial Asset with Loads of Potential Occupy, Develop or Invest
Offering a unique opportunity to secure your business a warehouse in this tightly held suburb or the flexibility for an astute investor or developer to reap the rewards that Brookvale has to offer. With the gentrification of Brookvale this is an excellent opportunity to become a part of the change. This property boasts loads of development potential and can offer so much more through a transformation like nearby assets have gone through.
* Land area: 626m2
* Gross Lettable Building area: 995m2 approx.
* Varied internal clearances throughout the building
* Prominent street frontage, excellent exposure and level vehicle access
* Currently fitted out with 5 cool rooms, air compressors, A/C and grease trap throughout the ground floor
* Upstairs workshop and renovated office areas and roller door access via forklift
* Longstanding business downstairs for over 50 years with cool room fitted out through the building
* Separate businesses located upstairs and downstairs with their own amenities
* Excellent signage opportunities
* Flexible zoning allowing for an array of business uses
* Gated driveway in the building with easy access for deliveries etc.
* Options to either invest, occupy or develop the building
* Holding income from both operators in the building (Monthly tenancy downstairs and occupier upstairs)
* Parking up to approx. 7 cars, front of building or along the driveway
* Potential gross rent return for the whole building: circa $150,000 - $175,000 + GST Gross
* Zoning IN1: General Industrial with height limit of 11m for potential upside in the site
* Outgoings: $9,727.68 per annum approx.. (Not including building insurance)
* Auction Thursday 15th September 2022
Current rent (monthly)
- Upstairs - $49,683 + GST Net
- Downstairs - $57,098.40 + GST Net
- Total - $106,781 + GST Net
21 Ethel Avenue, Brookvale is positioned in a premium Northern Beaches Gateway location. Brookvale is unquestionably the industrial centre of the Northern Beaches. Ethel Avenue runs parrallel to Harbord Road connecting Pittwater Road and Warringah Road to the southern beaches of Curl Curl, Freshwater & Manly.
For more information or to arrange an inspection contact Vincent West 0403 444 000 or Oliver Rosati 0428 877 888.
**All prices are per annum and quoted areas/measurements are approximations only**
Property History for 21 Ethel Ave, Brookvale, NSW 2100
- 13 Sep 2022Sold - Price Undisclosed
- 19 Aug 2022Listed for Sale Auction
- 22 Feb 2019Listed for Sale For Sale | Offers Over $1.85m
Recent sales nearby
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About Brookvale 2100
The size of Brookvale is approximately 2.2 square kilometres. It has 4 parks covering nearly 9.5% of total area. The population of Brookvale in 2016 was 3161 people. By 2021 the population was 3389 showing a population growth of 7.2% in the area during that time. The predominant age group in Brookvale is 30-39 years. Households in Brookvale are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Brookvale work in a professional occupation.In 2021, 53.50% of the homes in Brookvale were owner-occupied compared with 53.90% in 2016.
Brookvale has 4,500 properties. Over the last 5 years, Houses in Brookvale have seen a 55.25% increase in median value, while Units have seen a 37.53% increase. As at 31 December 2025:
- The median value for Houses in Brookvale is $2,846,770 while the median value for Units is $1,177,697.
- Houses have a median rent of $798 while Units have a median rent of $723.
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