3 Cornelia RoadToongabbie NSW 2146
Property Details for 3 Cornelia Rd, Toongabbie
3 Cornelia Rd, Toongabbie is a 2 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 470m2. While the property is not currently for sale or for rent, it was last sold in December 2018.
Last Listing description (March 2019)
Long held Landmark Commercial Property previously Leased to Jenny s Chickens .
Offers 2 Long term tenants, scope for improvement plus 2 street Frontage .
What we like
-Land size 470sqm.
-Floor Square Ratio(FSR)1-2
-Large Public car park to rear.
-200 metres to station.
-Woolworths Shopping Mall across the road.
Investment/Return
-Shop 3 Cornelia Rd,Toongabbbie
3 Year Lease plus 2 year option $21,450 Inc GST per annum
-Flat 3 Cornelia Rd,Toongabbie
12 month Lease $15,080 per per annum
Gross Return. $36,530 per annum
Outgoings
Council Rates $628 per 1/4 approx.
Water. $400 per 1/4 approx
Note; under new commercial lease tenant agrees to pay a some of the outgoings.
Please refer to Leases.
This is a unique opportunity to acquire Commercial land , right at the heart of Toongabbie with future development opportunities that remain unexplored.
Rarely do opportunities like this come to the market and we urge you to inspect this great little investment.
First time offered in 30 years.
To be Auctioned on site Saturday Saturday 15th December,2018 If not sold prior
(Agent interest)
Property History for 3 Cornelia Rd, Toongabbie, NSW 2146
- 20 Dec 2018Sold for $880,000
- 22 Nov 2018Sold
- 21 Nov 2018Listed for Sale BUYERS GUIDE $950,000
Recent sales nearby
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About Toongabbie 2146
The size of Toongabbie is approximately 4.7 square kilometres. There are 28 parks, covering nearly 19.4% of the total area. The population of Toongabbie in 2016 was 14337 people. By 2021 the population was 16177 showing a population growth of 12.8% in the area during that time. The predominant age group in Toongabbie is 30-39 years. Households in Toongabbie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Toongabbie work in a professional occupation.In 2021, 62.50% of the homes in Toongabbie were owner-occupied compared with 66.70% in 2016.
Toongabbie has 6,511 properties. Over the last 5 years, Houses in Toongabbie have seen a 30.25% increase in median value, while Units have seen a 16.47% increase. As at 30 June 2026:
- The median value for Houses in Toongabbie is $1,363,327 while the median value for Units is $662,384.
- Houses have a median rent of $720 while Units have a median rent of $650.
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