254/20-34 Albert RoadStrathfield NSW 2135
Property Details for 254/20-34 Albert Rd, Strathfield
Last Listing description (December 2022)
INVESTMENT OPPORTUNITY IN PRIME LOCATION!
Boasting a highly exposed position in the heart of Strathfield's bustling city centre within metres from Strathfield Station, this retail shop offers a fantastic investment opportunity to own a commercial property in a much sought after location. Situated on a busy road, this lock-up shop with an extensive floor-to-ceiling window frontage allows for great exposure to daily commuters, pedestrians and road traffic. This shop seats up to 40+ people internally and is fully equipped for restaurant owners with stylish interiors, a commercial kitchen, air conditioning, and two separate bathrooms.
Features:
A total of 99sqm (66sqm internal)
3x5 year lease to an established tenant
Tenant pays 100% of outgoings
Net income: $84,000 p.a.
Double lock-up garage in the basement convertible to storage (33sqm)
Tenant trades seven days per week
Council car park located next to the building
Conveniently located in the heart of Strathfield
Short stroll to Strathfield Plaza and numerous transport options, including trains, buses and taxis
Established location with excellent customer exposure
Disclaimer: We have in preparing this document, used our best endeavours to ensure that all the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements contained in this document. Prospective tenants should make their own enquiries to verify the information contained in this document
Property History for 254/20-34 Albert Rd, Strathfield, NSW 2135
- 24 Dec 2022Sold for $2,200,000
- 14 Nov 2022Listed for Sale Contact Agent
- 22 Mar 2022Sold - Price Undisclosed
Recent sales nearby
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About Strathfield 2135
The size of Strathfield is approximately 6.6 square kilometres. It has 26 parks covering nearly 13.1% of total area. The population of Strathfield in 2016 was 25813 people. By 2021 the population was 25915 showing a population growth of 0.4% in the area during that time. The predominant age group in Strathfield is 20-29 years. Households in Strathfield are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Strathfield work in a professional occupation.In 2021, 52.40% of the homes in Strathfield were owner-occupied compared with 53.20% in 2016.
Strathfield has 11,210 properties. Over the last 5 years, Houses in Strathfield have seen a 70.94% increase in median value, while Units have seen a 13.51% increase. As at 31 December 2025:
- The median value for Houses in Strathfield is $4,280,403 while the median value for Units is $781,634.
- Houses have a median rent of $893 while Units have a median rent of $725.
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