FOR SALE
$923,000

Retail G03/551 Gardeners Road
Mascot NSW 2020

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 117m2
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MAXIMISE YOUR EXPOSURE

Progress Real Estate is excited to present this commercial shop for sale featuring wide glass frontage with a total combined area of approx. 117m2 + car space.
This great location adds significant opportunity and ability to maximise your business exposure in a strong residential and commercial area in Mascot.
Approx. 900 meters to Mascot Train Station, 1.9 kilometres to Kingsford Smith Airport and is surrounded by vibrant cafes and restaurants.
Features:
- Spacious on ground floor, approx. 86m2 + car space
- North Facing, ample natural light
- Amongst densely populated residential precinct
- Brand new, completing May 2022
- Functional floor layout, with direct street access
- Above the retail shop there are approx. 111 residential apartments.
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Property Details for Retail G03/551 Gardeners Rd, Mascot

Building Type
Commercial
Floor Size
117m2

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About Mascot 2020

The size of Mascot is approximately 12.1 square kilometres. It has 29 parks covering nearly 1.7% of total area. The population of Mascot in 2011 was 10,178 people. By 2016 the population was 14,792 showing a population growth of 45.3% in the area during that time. The predominant age group in Mascot is 20-29 years. Households in Mascot are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Mascot work in a professional occupation. In 2011, 64.6% of the homes in Mascot were owner-occupied compared with 49.5% in 2016.

Mascot has 11,674 properties. Over the last 5 years, Houses in Mascot have seen a 39.02% increase in median value, while Units have seen a 3.08% increase. As at 31 October 2024:

  • The median value for Houses in Mascot is $1,830,264 while the median value for Units is $876,053.
  • Houses have a median rent of $925 while Units have a median rent of $950.
There are currently 68 properties listed for sale, and 72 properties listed for rent in Mascot on OnTheHouse. According to CoreLogic's data, 609 properties were sold in the past 12 months in Mascot.

Suburb Insights for Mascot 2020

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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.