OFF MARKET

10-18 Ocean Street
Banksmeadow NSW 2019

Bedrooms: -
Bathrooms: 2
Car spaces: 2
Land area: 5822m2
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Property Details for 10-18 Ocean St, Banksmeadow

Building Type
Commercial
Land Size
5822m2
Local Government
Bayside
Lot/Plan
CP/SP75853

Last Listing description (January 2021)

This estate is one of South Sydneys best kept secrets, a thriving hub in a central location. The estate has an onsite caf, ample parking for all tenancies along with visitor parking, built on grade and presents very neat and tidy. The unit its self boasts a high clearance/clear span warehouse compartment functional for any industrial user, a well-appointed office space which is ready to move into, along with two parking spaces. There is container access for the estate also which is a rarity for units this size.

The unit has cool-rooms and freezers included which can be stripped out or left depending on the purchaser.


Location: this location is second to none for a jump off point for any industrial user.
Situated on the eastern side of Ocean Street, which runs into Anderson Street, been (1) minute from Wentworth Avenue and (2) minutes from Eastgardens Shopping Centre. The property is very close proximity to Port Botany Container Terminal, Sydney Airport, CBD and all major link roads.

Opportunity: this presents a chance to secure a prime industrial unit within one of South Sydneys best estates. If you are in the food industry the property is ready to move into immediately and begin operating, if youre a general industrial business the unit can be stripped back easily to its original shell.

Building Area:
+ Warehouse: 126 SQM
+ Office: 52 SQM
+ Total Building area: 178 SQM

Car Parking: 1 x exclusive spaces + visitor parking

Amenities: Down stairs bathroom and kitchenette + office bathroom and kitchen

For more information or to arrange an inspection, please contact the exclusive selling agent:

Nick Mallet
0410 807 877
Nick.Mallett@colliers.com

Property History for 10-18 Ocean St, Banksmeadow, NSW 2019

A timeline of how this property has performed in the market
Last Sold
$955,000
12 Dec 1996
Listed for Rent
28 Aug 2019
  • 30 Aug 2019
    Listed for Sale Please contact agent
  • 12 Dec 1996
    Sold for $955,000
  • 05 Aug 1986
    Sold for $700,000

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About Banksmeadow 2019

The size of Banksmeadow is approximately 3.9 square kilometres. It has 4 parks covering nearly 2.5% of total area. The population of Banksmeadow in 2011 was 12 people. By 2016 the population was 10 showing a population decline of 16.7% in the area during that time. The predominant age group in Banksmeadow is 60-69 years. Households in Banksmeadow are primarily couples with children and are likely to be repaying over $2000 per month on mortgage repayments. In general, people in Banksmeadow work in a professional occupation..

Banksmeadow has 1,114 properties. Over the last 5 years, Units in Banksmeadow have seen a -10.61% decrease in median value. As at 30 September 2024:

  • The median value for Houses in Banksmeadow is $2,151,919 while the median value for Units is $1,037,270.
  • Units have a median rent of $850.
There are currently 1 property listed for sale, and 6 properties listed for rent in Banksmeadow on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Banksmeadow.

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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.