2 Avondale DriveThornton NSW 2322
Property Details for 2 Avondale Dr, Thornton
2 Avondale Dr, Thornton is a 0 bedroom, 0 bathroom House. The property has a land size of 1545m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (December 2020)
Cushman & Wakefield is pleased to present to the market 2 Avondale Drive, Thornton for Sale via Auction.
The property has the following key characteristics:
- 10 Year Lease to 2029 + opts to 2049
- Prime corner position within Thorntons rapidly growing residential precinct surrounded by planned new developments and housing estates
- Located minutes to Thornton Coles Shopping Centre
- Brand new modern purpose built facility completed in 2019 offering significant depreciation benefits
- Licensed for 58 LDC Places with consistently strong occupancy levels
- Lease secured by 3 month Bank and director Guarantee
- Tenant pays 100% of outgoings (incl. Land Tax)
- Favourable net lease structure with ratchet provisions ensuring long term income growth
- Fixed 3% annual rent increases
- Net Income $179,220 pa + GST
The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 10 December at 1pm AEDT at Doltone House Hyde Park, located on 3/181 Elizabeth Street, Sydney NSW.
Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.
Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.
Property History for 2 Avondale Dr, Thornton, NSW 2322
- 10 Dec 2020Sold for $3,290,000
- 12 Nov 2020Listed for Sale Contact Agent
Recent sales nearby
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About Thornton 2322
The size of Thornton is approximately 16.6 square kilometres. It has 6 parks covering nearly 1.2% of total area. The population of Thornton in 2016 was 8062 people. By 2021 the population was 10690 showing a population growth of 32.6% in the area during that time. The predominant age group in Thornton is 20-29 years. Households in Thornton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thornton work in a trades occupation.In 2021, 64.30% of the homes in Thornton were owner-occupied compared with 77.30% in 2016.
Thornton has 5,263 properties. Over the last 5 years, Houses in Thornton have seen a 49.85% increase in median value, while Units have seen a 68.73% increase. As at 31 March 2026:
- The median value for Houses in Thornton is $924,803 while the median value for Units is $625,600.
- Houses have a median rent of $660 while Units have a median rent of $590.
Suburb Insights for Thornton 2322
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