Colliers are pleased to present this ultra-prime strip retail investment in the heart of the Lower Blue Mountains region of Greater Sydney For Sale by way of Public Auction. The property at 147 Macquarie Road, Springwood is a single level retail building positioned in the heart of a bustling retail precinct.
With a current holding net income of $186,645* per annum, the property offers two (2) retail tenancies which have recently renewed their leases offering investors secure income and investment. Tenants have occupied the site for 41 years and 12 years respectively.
The key investment highlights are as follows:
147 Macquarie Road, Springwood will be offered for sale via Auction on Thursday 25 November 2021 at 10:30am (AEDT) at Cooley CBD Auction Centre, Level 5, Dexus Place, 1 Margaret Street, Sydney.
*Approximately.
The size of Springwood is approximately 19.4 square kilometres. It has 41 parks covering nearly 24.6% of total area. The population of Springwood in 2016 was 8475 people. By 2021 the population was 8423 showing a population decline of 0.6% in the area during that time. The predominant age group in Springwood is 60-69 years. Households in Springwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springwood work in a professional occupation.In 2021, 76.80% of the homes in Springwood were owner-occupied compared with 76.60% in 2016.
Springwood has 4,050 properties. Over the last 5 years, Houses in Springwood have seen a 39.02% increase in median value, while Units have seen a 37.78% increase. As at 30 April 2026:
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