FOR SALE
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47 Drummond Street
Belmore NSW 2192

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 700m2
Land area: 980m2
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980SQM LAND | 500SQM HIGH CLEARANCE WAREHOUSE & 3 LEVEL BUILDING

The perfect opportunity for owner-occupiers, investors, builders, or developers to secure a development site with huge potential.
• 980.7m2* site
• Approx. 500sqm clear span warehouse with high internal clearance
• An office/showroom building over 2 levels of approx. 200 each floor with bathroom amenities and showers which can be easily divided to create multiple tenancies if required.
• Additional 46 sqm Lock up storeroom.
• Up to 6 car space at the front of the building and a rear undercover awning
• Buses at the front of the property and 750m to Belmore Train Station, cafes, and eateries
• It offers buyers a choice of options together with valuable development potential the property is near the M5 Motorway, Kingsgrove Road and will benefit from the nearby key infrastructure upgrades of the new M5 and M4-M5 Link Tunnels

Property Details for 47 Drummond St, Belmore

Building Type
Commercial
Floor Size
700m2
Land Size
980m2

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About Belmore 2192

The size of Belmore is approximately 2.8 square kilometres. It has 12 parks covering nearly 4.9% of total area. The population of Belmore in 2011 was 12,574 people. By 2016 the population was 12,746 showing a population growth of 1.4% in the area during that time. The predominant age group in Belmore is 30-39 years. Households in Belmore are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmore work in a professional occupation. In 2011, 56.6% of the homes in Belmore were owner-occupied compared with 52.9% in 2016.

Belmore has 6,506 properties. Over the last 5 years, Houses in Belmore have seen a 62.60% increase in median value, while Units have seen a 19.76% increase. As at 31 October 2024:

  • The median value for Houses in Belmore is $1,583,226 while the median value for Units is $614,739.
  • Houses have a median rent of $750 while Units have a median rent of $550.
There are currently 31 properties listed for sale, and 39 properties listed for rent in Belmore on OnTheHouse. According to CoreLogic's data, 241 properties were sold in the past 12 months in Belmore.

Suburb Insights for Belmore 2192

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Sammy D'Arrigo
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Raine & Horne Commercial Inner West/South Sydney
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.