11 Willoughby Road,
Crows Nest, NSW 2065

Shops & Retail • Other

Key property information

Floor area

Parking info

Tenure type

Sold on

Map of 11 Willoughby Road

Directions

Sold at Auction! Looking to sell? Call Raymond Hung on 0419 223 895.

This 2 storey building situates within the prime commercial and retail hub of Crows Nest, 5 km north of Sydney's CBD. It is located close to the very busy junction of Willoughby Road, Falcon Street and Pacific Highway surrounded by a variety of shops and popular restaurants.

Built over a land area of approximately 259 sqm, the building consists of a ground level retail shop and a 4-bedroom residential upper level. On site security car parking is accessible from Willoughby Lane.

The property is leased to Bakers Delight at approximately $150,600 per annum + GST with a term of 3+3+3 years. The tenant is contributing to 100% of the increase in outgoings (land tax, council rates, water rates & insurance) from the base year of 2004 which is $20,368.

Approximate Outgoings per annum:
Council Rates:$ 7,519
Water Rates & Charges: $ 1,572
Insurance: $ 4,585
Land Tax: $ 12,270 (subject to single holding basis, taxable land value as at
31/12/2011 is $1,156,667)

Interactive Floorplan:
http://www.open2view.com.au/tour/inline/plan/182867

Contact:
Raymond Hung 0419 223 895 or 02 9289 8908
rhung@raywhitecitysouth.com.au

Additional information

External websites

External link 1

Crows Nest, 2065 demographic data

The median household income for Crows Nest is $2,614, 26% higher than Greater Sydney's household income of $2,077. Crows Nest has a younger age profile compared to the rest of Greater Sydney (median age 36 vs 37). Property ownership data shows 54% of property owners in Crows Nest have a mortgage.

4,974

Population

$2,614 per week

Median household income

36 years

Median age

Renters

Most residents

Families

Most households

(02) 9289 89...