Commercial Property

6/87 Reserve Road

Artarmon NSW 2064, Australia

- Parking
- Internal area
$770,000 Last sale (2002)

Snapshot

Key points for 6/87 Reserve Road.

  • Estimated market value: $2,552,000
  • Active commercial tenant operating a paint and coatings retail centre from the same unit (Unit 6)
  • mixed-use (residential unit with commercial tenancy)
  • Mixed‑use unit with residential residence and paint‑retail business
  • Two bedrooms and one bathroom

About this commercial property

6/87 Reserve Road is in Artarmon, NSW and is presented as a Commercial. Active commercial tenant operating a paint and coatings retail centre from the same unit (Unit 6) Sold for $770,000 on 12 Feb 2002. The estimated market value is $2,552,000 and the estimated weekly rent is $925 per week

Also written as Unit 6, 87 Reserve Road.

Key details

Locality
Artarmon
State
NSW
Coordinates
33.81548189 / 151.18731994
GNAF PID
GANSW703947080
Legal parcel ID
6/SP35330
Remoteness area
Metro
Property type
Commercial
Unit internal area
-
Built
1970-1995 (estimate)
Bushfire risk
None detected
Flood risk
None detected
Heritage overlay
None detected
Strata/body corporate
Present
Land Use Category
Commercial

Commercial property information

Wattyl Paint Centre – Artarmon
Retail store
Paint & Coatings Business
Verified at this address
Paint & coatings retailer serving the Artarmon area.
Observed facts
Address
Unit 6, 87 Reserve Rd, Artarmon NSW 2064
Email
wattyl.artarmon@wattyl.com.au

Market estimates

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

Expected weekly rent
$925
Expected property value
$2,552,000
Estimated yield
1.88%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
1 Feb 2002
Contracted 12 Feb 2002. Last recorded sale; ownership held ~24.5 years thereafter.
$770,000—
Sale
1 Oct 1989
$850,000—

Property insights

Real Estate Agencies

Ordered by:
Ray White - Everest Group
Ray White Upper North Shore
Raine & Horne - Lower North Shore
McGrath Crows Nest
BresicWhitney - Lower North Shore
Ray White Lower North Shore Group
The Agency - North
Ray White AY Realty Chatswood
Raine & Horne Carlingford/Epping
DiJones - Chatswood
Highland - Double Bay
CobdenHayson - Lane Cove
Asset Realty
Shead Property - Chatswood
Stone Real Estate - Roseville/Willoughby
Morton Real Estate - Crows Nest
McGrath - Hornsby
Garwoods Estate Agents - CAMMERAY
Marriott Lane Real Estate - Crows Nest
Belle Property - Willoughby
* Approximate straight-line distances

Frequently asked questions

How many bedrooms and bathrooms does the unit have?

The unit has two bedrooms and one bathroom

Aussiehomes.com.au
What commercial business operates from this unit?

The Wattyl Paint Centre – Artarmon operates a paint and coatings retail centre from the unit

Fxaustralia.com.au
When was the unit last sold and for how much?

The most recent sale recorded was in February 2002 for $770,000

Aussiehomes.com.au
What is the estimated weekly rent for similar units in the area?

The median weekly rent for comparable units is $770 per week

Aussiehomes.com.au
What Calculated market estimate or rental estimate is available?

The calculated market estimate is $2,552,000, the calculated weekly rent is $925 per week, and the indicative gross yield is 1.88%

1.1 million Aussie Homes
What features are highlighted?

mixed-use (residential unit with commercial tenancy)

1.1 million Aussie Homes

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