176 Parramatta Road,
Stanmore, NSW 2048

Shops & Retail

Key property information

Land area

Floor area

Zoning

Tenure type

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Map of 176 Parramatta Road

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SOLD - $1,480,000

Located in the very heart of the inner west, this commercial/residential package presents an excellent prospect with great exposure to Parramatta Road and a flexible layout providing multiple tenancies (STCA). The property is well-presented and holds lots of future potential for an upgrade or redesign that will bring added value and really take advantage of its prime Stanmore location.

Commercial Area:
• A former take-away shop with fully equipped kitchen (AS NEW)
• cool room, exhaust, grease trap, and stainless steel worktops
• All equipment is included in the sale

Residential Area:
• Up to 7 lettable areas plus a private courtyard at the rear (STCA)
• Two separate buildings connected via a walkway
• Front building features bright and airy upstairs apartment with four bedrooms
• Rear building has three additional rooms, each with WC, with access from the rear
• Rear lane access and potential to reinstate parking (STCA)
• Extra-height ceilings, polished timber floors and original details
• Opportunity to create income or return to a home
• Lots of future potential to further upgrade and increase value

Council Rates: $2,981 p.a
Water Rates: $2,286 p.a
Land Size: 146 sqm total

Figures are approximate only.

Stanmore, 2048 demographic data

The median household income for Stanmore is $2,395, 15% higher than Greater Sydney's household income of $2,077. Stanmore 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 Stanmore have a mortgage.

7,619

Population

$2,395 per week

Median household income

36 years

Median age

Owners

Most residents

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Most households