OFF MARKET

2A Baker Street
Banksmeadow NSW 2019

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1087m2
Land area: 753m2
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Property Details for 2a Baker St, Banksmeadow

Building Type
Land
Floor Size
1087m2
Land Size
753m2
Local Government
Bayside
Lot/Plan
8/DP554690

Last Listing description (February 2017)

CBRE is proud to offer to the market a rare opportunity to acquire a DA Approved site for a Freestanding Commercial building in Pagewood. This island site is ideally located within walking distance to Westfield's Eastgardens Shopping Centre and Meriton Apartment's new Pagewood Green 3000 unit development and just 100 meters to Pagewood Public School.
This DA approved site is zoned B1 Neighbourhood Centre which allows for Medical Centres, Childcare Centres, Boarding Houses, Business Premises, Community Facilities, Dwelling Houses, Food and drink premises, Hostels, Kiosks, Markets, Neighbourhood Shops, Respite Day-care Centres, Shop Top Housing, & Shops.
Strong demand for end users in this region makes this an ideal build and hold, investment or once tenanted a great re-sale opportunity into the enormously strong commercial investment market.

- Zoned B1 Neighbourhood Centre
- Potential Uses - Commercial/?Retail/?Medical/?Childcare
- Capitalise on Pagewood's massive growth
- Strong demand for Commercial/?Retail/?Medical/?Childcare use buildings
- Ideal Investment once developed
- Island Site good access for parking
- Ground Floor Retail/Showroom/Commercial Area - 440sqm*
- First Floor Area - 423sqm*
- Second Floor Area - 224sqm*
- Total Building Area - 1,087sqm*
- Land Area - 754sqm*
- Good Street Exposure to Wentworth Ave
- Walking distance to Westfield's Eastgardens Shopping Centre Meriton Apartment's new Pagewood Green 3000 unit development and metres to Pagewood Public School
Contact the exclusive agents for more information
Tony Braham
+61 411 333 993
tony.braham@cbre.com.au
Stephen Grant
+61 422 815 280
stephen.grant@cbre.com.au

*Approx.

Property History for 2a Baker St, Banksmeadow, NSW 2019

A timeline of how this property has performed in the market
Last Sold
$1,995,000
31 Aug 2017
  • 31 Aug 2017
    Sold for $1,995,000
  • 18 Oct 2016
    Listed for Sale Not Disclosed
  • 17 Jun 2015
    Listed for Sale Forthcoming Auction
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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 23.06% increase in median value. As at 31 August 2024:

  • The median value for Houses in Banksmeadow is $2,185,876 while the median value for Units is $1,026,984.
  • Units have a median rent of $860.
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.