30 Ocean StreetPagewood NSW 2035
Property Details for 30 Ocean St, Pagewood
Last Listing description (March 2017)
30-32 Ocean Street, Pagewood is the ideal investment the modern investor seeks. A great location, secure tenant, increasing rental income, and an added potential upside or exit strategy to further boost value. This exciting opportunity boasts an Eastern Suburbs of Sydney location, an established tenant on long term lease with multiple options, annual increases and market review all on a very well positioned 430sqm of site area in two equal lots with residential zoning, corner position and rear lane access.
This is genuinely the first time the property has been offered for sale in over 68 years and the property has been operating as an automotive workshop since it was built by the vendors grandfather in 1948. A great opportunity proudly presented by Knight Frank and for sale by Public Auction.
What an opportunity!
Long term lease,
Net income of $74,000 with 3% increase 16/08/2016,
Residential zoning
High-side corner position with rear lane access,
430sqm of site area comprised of two equal lots,
Eastern suburban Sydney location
For further information please contact the listing agents.
Property History for 30 Ocean St, Pagewood, NSW 2035
- 28 Jul 2016Sold for $1,550,000
- 03 Jun 2016Listed for Sale Auction: 28th July 2016
- 28 Jun 2007Sold for $625,000
Recent sales nearby
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About Pagewood 2035
The size of Pagewood is approximately 2.2 square kilometres. There are 15 parks, covering nearly 47.2% of the total area. The population of Pagewood in 2016 was 3805 people. By 2021 the population was 3885 showing a population growth of 2.1% in the area during that time. The predominant age group in Pagewood is 50-59 years. Households in Pagewood are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Pagewood work in a professional occupation.In 2021, 72.00% of the homes in Pagewood were owner-occupied compared with 71.50% in 2016.
Pagewood has 1,629 properties. Over the last 5 years, Houses in Pagewood have seen a 16.75% increase in median value, while Units have seen a 16.28% increase. As at 31 July 2026:
- The median value for Houses in Pagewood is $2,405,151 while the median value for Units is $1,107,876.
- Houses have a median rent of $1,300 while Units have a median rent of $848.
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