On offer here are 2 shops, currently tenanted to one tenant at $560.00 per week combined. With rent increasing to $580 per week in April next year, and over 4 years left on the current lease, this property will offer a fantastic return of 7.5%. A brick low-maintenance property with ample off-street parking, this property is a great investment.
An outstanding opportunity to invest in the tightly held Cockatoo main street, with separate titles affording so much flexibility for the future to either rent out separately or maybe even use one or both of the shops.
Also on offer is the upstairs apartment, which is 2 bedrooms, 1 bathroom, open plan living with modern kitchen and great garage with its own entrance from the rear street. A concrete suspended slab is between the dwelling and the shop downstairs to ensure good soundproofing.
The size of Cockatoo is approximately 28.2 square kilometres. There are 8 parks, covering nearly 7.6% of the total area. The population of Cockatoo in 2016 was 4256 people. By 2021 the population was 4408 showing a population growth of 3.6% in the area during that time. The predominant age group in Cockatoo is 30-39 years. Households in Cockatoo are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cockatoo work in a trades occupation.In 2021, 89.80% of the homes in Cockatoo were owner-occupied compared with 85.50% in 2016.
Cockatoo has 1,817 properties. Over the last 5 years, Houses in Cockatoo have seen a 16.35% increase in median value, while Units have seen a 47.43% increase. As at 31 May 2026:
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