1 Olympia RoadNaremburn NSW 2065
Property Details for 1 Olympia Rd, Naremburn
Last Listing description (April 2019)
1 Olympia Road, Naremburn is a residential development opportunity within the Lower North Shore in one of Sydney s best performing property markets.
1 Olympia Road, Naremburn benifits from the following key investment highlights:
- 1,229sqm* of R3 Medium Density Residential Lower North Shore land
- Flexible R3 Medium Density zoning allowing for a residential flat building or a multi-dwelling housing development (S.T.C.A).
- Large 59m* street frontage
- Sloping block overlooking Flat Rock Creek to the north
- Ample public transport options via Willoughby Road and Gore Hill Freeway
- Current improvements include 4 x 2-bedroom apartments
- Gross holding income: $74,146 per annum* (50% tenanted)
- 650m* to Willoughby shops, 500m* to Artarmon industrial area and 400m* from Willoughby Leisure Centre
1 Olympia Road Naremburn will be offered for sale via Expression of Interest closing 10 April 2019 at 4:00pm
For further information, please contact the exclusive CBRE selling agents.
*Approximate
Property History for 1 Olympia Rd, Naremburn, NSW 2065
- 21 Mar 2019Listed for Sale Not Disclosed
- 19 Jun 2018Listed for Sale Contact Agent
- 31 Jan 2004Listed for Sale Not Disclosed
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About Naremburn 2065
The size of Naremburn is approximately 1.2 square kilometres. There are 7 parks, covering nearly 16.0% of the total area. The population of Naremburn in 2016 was 5884 people. By 2021 the population was 5924 showing a population growth of 0.7% in the area during that time. The predominant age group in Naremburn is 30-39 years. Households in Naremburn are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Naremburn work in a professional occupation.In 2021, 62.70% of the homes in Naremburn were owner-occupied compared with 61.80% in 2016.
Naremburn has 2,968 properties. Over the last 5 years, Houses in Naremburn have seen a 6.42% increase in median value, while Units have seen a 7.84% increase. As at 31 July 2026:
- The median value for Houses in Naremburn is $3,196,033 while the median value for Units is $1,239,628.
- Houses have a median rent of $1,425 while Units have a median rent of $840.
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