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.
*Approx.
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 1,093 properties. Over the last 5 years, Units in Banksmeadow have seen a -14.82% decrease in median value. As at 31 October 2024:
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