Commercial Property

21 Reserve Street

Annandale NSW 2038, Australia

- Parking
323 m² Land size
- Internal area
$1,720,000 Last sale (2020)

Snapshot

Key points for 21 Reserve Street.

  • Estimated market value: $2,895,000
  • Land size: 323 m²
  • Mobile coverage: 5 G (full coverage)
  • Heritage protection planning control requires council approval for alterations
  • Heritage Conservation Area overlay requires council approval for alterations

About this commercial property

21 Reserve Street is in Annandale, NSW and is presented as a Commercial with land size of 323 m². Estimated market value $2.895 M (high confidence) The estimated market value is $2,895,000 and the estimated weekly rent is $1,062 per week

Key details

Locality
Annandale
State
NSW
Coordinates
33.88428579 / 151.16724933
GNAF PID
GANSW703917357
Legal parcel ID
2/1260305
Remoteness area
Metro
Property type
Commercial
Land size
323 m²
Internal area
-
Mobile coverage
5 G (full coverage)
Heritage overlay
Annandale Heritage Conservation Area (General)
Land Use Category
Commercial

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent
$1,062
Expected property value
$2,895,000
Estimated yield
1.91%
Confidence
High

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
19 Nov 2020
Unit building; Sold by The Agency – Inner West
$1,720,000$5,325

Price per m² based on land size of 323 m².

Property insights

Building profile

  • Number of dwellings: 5 (1 house, 4 apartments) Theagency.com.au
  • Building coverage: 68 % of site
  • Total floor area: ≈216 m²
  • Roof height: 26 m

Property Features

  • Heritage Conservation Area overlay requires council consent for alterations Theagency.com.au
  • Limited on‑site parking
  • Heritage protection planning control requires council approval for alterations Theagency.com.au Theagency.com.au
  • Estimated market value $2.895 M (high confidence)
  • Estimated weekly rental income $1,515 pw (high confidence)

Recorded sales and leasing agents

Recorded sale agency (2020 sale)
The Agency – Inner West recorded for the 2020 sale 50 The Boulevarde, Strathfield NSW 2135 The agency ( p3)
Recorded listing contacts
Katelyn Alfonso 0435 751 266 Leasing partner for 1/21 Reserve Street unit

Real Estate Agencies

Ordered by:
Ray White - Everest Group
BresicWhitney - Inner West
Adrian William
Harris Tripp - Summer Hill
The Agency Inner West
Ray White - Erskineville | Alexandria | Glebe | Surry Hills
McGrath Estate Agents Inner West - Leichhardt
McGrath Lower North Shore
Ray White Elevate Group
CobdenHayson - Annandale
Horwood Nolan
Morton Real Estate - Pyrmont
Ray White - Annandale
Belle Property - Annandale
Time Realty - Five Dock
Belle Property - Balmain
CobdenHayson - Petersham
MONTANO GROUP - LEICHHARDT
Pilcher Residential - Annandale
Reco Property
* Approximate straight-line distances

Frequently asked questions

How many units are on the block?

There are five dwellings in total: one house‑type unit and four apartments

Theagency.com.au
What heritage controls affect the property?

The property is within the Annandale Heritage Conservation Area, which imposes heritage protection planning controls on any development applications

Theagency.com.au
What is the estimated market value of the building?

Estimated market value is $2,895,000

Theagency.com.au
What is the projected weekly rental income for the whole block?

Projected weekly rental income for the entire building is about $1,515

Theagency.com.au
When was the property last sold and for how much?

The block sold for $1,720,000 on 19 November 2020

Theagency.com.au
What nearby place is within half a kilometre of the property?

Westgate, NSW, a nearby post office, is located about 0.5 km away

What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate is $2,895,000, the calculated weekly rent is $1,062 per week, and the indicative gross yield is 1.91%

Theagency.com.au
What utilities, overlays, or risk details are noted?

Utilities and overlays include mobile coverage of 5 G (full coverage) and overlay details of heritage Annandale Heritage Conservation Area (General)

Theagency.com.au

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