Knight Frank is pleased to offer for sale, Unit 1, 2 Bucaan Street, Chigwell, ideal for an owner occupier, a perfect addition to your portfolio or for a first time commercial investor.
The property is conveniently located within part of a multi-tenanted suburban shopping precinct, which includes a pharmacy, Australia Post, Atwork Australia and a takeaway.
The property is being sold with vacant possession and was previously utilised as a butcher. It lends itself a range of potential uses (STCA) especially having the added benefit of a grease trap.
This offering is one that should be strongly considered as it provides an opportunity to purchase a freehold strata title property within a long established and loyal customer catchment area.
The size of Chigwell is approximately 3.0 square kilometres. It has 5 parks covering nearly 7.2% of total area. The population of Chigwell in 2016 was 2002 people. By 2021 the population was 2050 showing a population growth of 2.4% in the area during that time. The predominant age group in Chigwell is 30-39 years. Households in Chigwell are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Chigwell work in a trades occupation.In 2021, 60.00% of the homes in Chigwell were owner-occupied compared with 61.70% in 2016.
Chigwell has 897 properties. Over the last 5 years, Houses in Chigwell have seen a 46.63% increase in median value, while Units have seen a 63.38% increase. As at 31 December 2025:
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