1/80 Cecil AvenueCastle Hill NSW 2154
Property Details for 1/80 Cecil Ave, Castle Hill
Last Listing description (January 2022)
Leased Investment | Ground Floor | Street Frontage
A fantastic and rare opportunity to buy this ground floor commercial space in an excellent location.
Within walking distance to Castle Hill Metro and Castle Towers which includes restaurants, cafes, post office, plus a huge council car park.
Key features:
- Ground floor plus excellent road exposure
- Long standing (10 years) medical national tenant
- Internal amenities plus shared onsite visitor amenities
- Two secure basement parking, plus street parking
The property is leased to global hearing aids group, Oticon, an industry leader in hearing aids and accessories, Oticon was established in 1904.
The company now has hundreds of locations across the globe, including over 150 outlets in Australia alone.
Investment details:
- Lease commencement 1st June 2018
- 5 years, expiries on 31st May 2023 (no option)
- Gross income $39,165 PA + GST
- Increases yearly to CPI
- Outgoings paid by landlord, Strata $5862, Council $687.70, Water $159.51 (PA)
Contact Simon Russo on 0414 678 632 or Bailey Foxall on 0490 499 945 for further details today.
Property History for 1/80 Cecil Ave, Castle Hill, NSW 2154
- 03 Dec 2021Sold for $751,000
- 09 Nov 2021Listed for Sale UNDER CONTRACT
- 05 Feb 2003Sold for $391,600
Recent sales nearby
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0About Castle Hill 2154
The size of Castle Hill is approximately 18.9 square kilometres. It has 68 parks covering nearly 12.1% of 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 19,793 properties. Over the last 5 years, Houses in Castle Hill have seen a 58.85% increase in median value, while Units have seen a 15.04% increase. As at 31 December 2025:
- The median value for Houses in Castle Hill is $2,543,695 while the median value for Units is $1,050,624.
- Houses have a median rent of $900 while Units have a median rent of $770.
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