525 Victoria RoadErmington NSW 2115
Property Details for 525 Victoria Rd, Ermington
Last Listing description (January 2019)
Colliers International is proud to offer for sale Woolworths Ermington, a high performing Woolworths supermarket that is trading 60% above the national average (MAT/sqm)^, resulting in low occupancy costs and currently producing significant turnover rental.
Woolworths Ermington presents as a rare opportunity to secure a freestanding supermarket, located 19 kilometres west from the Sydney CBD. The property s 2,966 square metre site area, flexible 'B2-Local Centre' zoning, and Woolworths short lease profile (exp. 2021), allows investors imminent redevelopment potential.
Key investment highlights include:
100% income secured by Woolworths (exp. 2021)
Woolworths paying turnover rent
Trading 60% above the national benchmark (MAT/sqm)^
Attractive 'B2 - Local centre' zoning
Income growth potential given low occupancy cost
Exposure to 21.9 million vehicles annually^
Woolworths Ermington is being offered for sale via Expressions of Interest, closing at 2.00pm (AEST) Thursday 29 November, 2018.
Property History for 525 Victoria Rd, Ermington, NSW 2115
- 15 Nov 2018Sold for $26,250,000
- 01 Nov 2018Listed for Sale Please contact agent
- 21 Aug 1984Sold for $650,000
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About Ermington 2115
The size of Ermington is approximately 3.8 square kilometres. There are 17 parks, covering nearly 15.6% of the total area. The population of Ermington in 2016 was 10737 people. By 2021 the population was 12686 showing a population growth of 18.2% in the area during that time. The predominant age group in Ermington is 30-39 years. Households in Ermington are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ermington work in a professional occupation.In 2021, 55.00% of the homes in Ermington were owner-occupied compared with 57.50% in 2016.
Ermington has 5,363 properties. Over the last 5 years, Houses in Ermington have seen a 23.69% increase in median value, while Units have seen a 6.67% increase. As at 30 June 2026:
- The median value for Houses in Ermington is $1,860,498 while the median value for Units is $801,455.
- Houses have a median rent of $1,000 while Units have a median rent of $750.
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