17/34 Campbell AvenueCromer NSW 2099
Property Details for 17/34 Campbell Ave, Cromer
Last Listing description (August 2021)
Secure yourself a great investment property with a strong tenant and solid return. Boasting an excellent position in Cromer's industrial precinct next to the Time & Tide Hotel, this warehouse is a perfect investment property with a strong return for your portfolio.
* Total area 171sqm | Warehouse area 120sqm | Mezzanine area 51sqm
* High clearance warehouse with full height electric roller shutter door
* Well positioned and popular industrial complex with signage options & directory board
* Multiple plumbing options, with showers in each room
* Split system air-conditioning units located throughout
* Internal bathroom with shower included
* 3 car spaces included on title directly out the front of the warehouse
* Outgoings per annum approx. $5,434
TENANCY DETAILS:
* Lease Term, 5 + 5 Years
* Lease Expiry, 31 August 2023
* Gross Income, $54,891 + GST
* Net Income, $49,457 + GST
* Market review at option and 3% annual rent increases
LOCATION:
Located right next to the Time and Tide Hotel on the fringe of Cromer's industrial and commercial centre on Sydney's Northern Beaches. Only 800m from Pittwater Road, the main carriageway for the Northern Beaches, providing access to greater Sydney and a 4 minute drive to the centre of Dee Why and all the services and retail it has to offer. Suitable for many industrial and business activities being Zoned IN1.
Call Vincent West on 0403 444 000 or Oliver Rosati on 0428 877 888 today for your inspection.
**All prices are per annum and quoted areas/measurements are approximations only**
Property History for 17/34 Campbell Ave, Cromer, NSW 2099
- 28 Jul 2021Sold for $870,000
- 21 Aug 2020Listed for Sale $899,000
- 06 Jul 2011Sold for $561,000
Recent sales nearby
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About Cromer 2099
The size of Cromer is approximately 6.3 square kilometres. It has 30 parks covering nearly 15.5% of total area. The population of Cromer in 2016 was 7592 people. By 2021 the population was 8030 showing a population growth of 5.8% in the area during that time. The predominant age group in Cromer is 40-49 years. Households in Cromer are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Cromer work in a professional occupation.In 2021, 77.90% of the homes in Cromer were owner-occupied compared with 79.00% in 2016.
Cromer has 3,578 properties. Over the last 5 years, Houses in Cromer have seen a 28.16% increase in median value, while Units have seen a 20.29% increase. As at 31 March 2026:
- The median value for Houses in Cromer is $2,450,168 while the median value for Units is $1,154,818.
- Houses have a median rent of $1,300 while Units have a median rent of $750.
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