SOLD
Sold on 16 May 2024 for $975,000

7/10 Meadow Way
Banksmeadow NSW 2019

Bedrooms: -
Bathrooms: -
Car spaces: -
Sold By
NG Farah Kingsford
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Property Details for 7/10 Meadow Way, Banksmeadow

7/10 Meadow Way, Banksmeadow is a bedroom, bathroom Unit. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other bedroom Unit sold in Banksmeadow in the last 12 months.

Building Type
Unit
Local Government
Bayside
Lot/Plan
7/SP80446

Last Listing description (June 2024)

Discover this recently enhanced industrial unit, nestled within a secure complex, presenting an outstanding opportunity for investors and business owners alike. The property is currently generating holding income until November, offering an immediate return on investment.

- Showcasing a car hoist, work benches, CCTV cameras and bollards for added security
- Spanning 147sqm, this unit offers ample space for a variety of business operations.

- The 74sqm ground floor is designed to accommodate trucks and containers, featuring a loading zone and designated parking directly out front.
- A 74sqm air-conditioned space resides on the mezzanine level, providing a comfortable and efficient work environment.
- Featuring concrete floors and walls, the unit is built to last and withstand the demands of industrial use.
- Includes a kitchenette and a bathroom equipped with a shower, enhancing convenience for staff and visitors.
- Boasting 11kw solar panels, the unit promotes reduced energy costs and environmental sustainability.
- Located within a boutique gated estate, ensuring peace of mind and security for your business assets.
- The unit offers excellent connectivity, being in close proximity to Westfield Eastgardens, Sydney Airport, and the M5, ideal for businesses requiring easy access to major transportation hubs.
- IN1 Industrial zoning, accommodating a broad range of industrial and business activities.

This industrial unit is not just a space but an opportunity for businesses to thrive in a secure and strategically located complex. Whether you're a tradie, involved in e-commerce, or need storage solutions, this property is equipped to meet diverse business demands. Don't miss out on this chance to invest in a property with immediate income potential and versatile business possibilities.

Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries.

Property History for 7/10 Meadow Way, Banksmeadow, NSW 2019

A timeline of how this property has performed in the market
Last Sold
$975,000
16 May 2024
  • 16 May 2024
    Sold for $975,000
  • 12 Apr 2024
    Listed for Sale Under Offer
  • 19 Nov 2020
    Sold for $617,500
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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.

Suburb Insights for Banksmeadow 2019

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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.