Back 429 Forest Rd
Off Market

429 Forest Rd

Bexley NSW 2207

3
1
1
100 m²
141 m²
House
Last sold for $1,080,000
Sam EpsimosSam Epsimos, last sold this property on 22 May 2018 after 84 days on market.

Overview

Invest or occupy- Shop and residence

Prominently located in the heart of Bexley shopping centre is this freestanding shop and residence with rear lane access. Ground floor retail shop has great external signage and prominent window display. Also modern internal fit out and polished timber floors with rear access via lane way. Currently leased for $2,359.50 per month. Separate first floor residence is currently leased for $390 per week and is spacious and features 2 - 3 bedrooms, bathroom and kitchen, enclosed sun room off main bedroom and is freshly painted thoughout. The residence contains many original features including timber floor boards, high ornate ceilings, picture ceilings, timber architraves. Other features include: • Zoned "B4 Mixed Use" with possible development potential (Subject To Council Approval) • Land area 142m2 (approx) • Floor space ratio at 2:1 • Current height limit up to 3 levels (Subject To Council Approval) • Perfect for astute investor or part owner occupier • Conveniently located close to council car park with direct bus services to Rockdale Railway Station Co Agent: Danas Property Ari Danas - 0411 359 999

Features

3 bedrooms
1 bathroom
1 carspace
100 m² floor area
141 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Bexley over the last 12 months, the estimated median property value of 429 Forest Rd is $1.66m.

Median value
$1.66m
Estimated value range
$1.32m - $2.72m
Median days on market
26
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bexley. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 429 Forest Rd

2019
Rented
Undisclosed
Leased on 12 Nov 2019 by Raine & Horne Bardwell Park/ Kingsgrove/ Earlwood
2018
Sold
$1,080,000
Private Sale/Treaty on 22 May 2018 by Sam Epsimos, of Raine & Horne Bexley/Beverly Hills

Happy sellers in Bexley

83%
83% of sellers in Bexley reported that their sale price either exceeded or met their price expectations.

Bexley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 69 reviews in Bexley over the last 12 months.

Local market activity for 3 bedroom houses in Bexley

In the last 12 months, 35 three-bedroom houses similar to 429 Forest Rd, have been sold.

This represents a 42% increase in three-bedroom houses sales when compared to the previous 12 months.

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