SOLD
Sold on 05 Feb 2024 for $1,400,000

10/15-17 Gartmore Avenue
Bankstown NSW 2200

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 326m2
Land area: 367m2
Sold By
Isaac Neary
M5 Industrial Property Services
Josh Biner
M5 Industrial Property Services
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Property Details for 10/15-17 Gartmore Ave, Bankstown

Building Type
Commercial
Floor Size
326m2
Land Size
367m2
Local Government
Canterbury-Bankstown
Lot/Plan
10/SP68809

Last Listing description (March 2024)

M5 Industrial Property Services is pleased to present this Modern Strata Unit to the market for Sale.
Strategically positioned moments from Fairford Road and the M5 Motorway on and off ramps.
Unit 10 will be sold as a "Going Concern" which means there will be No GST payable on the purchase price.

The current lease has approximately 5 months remaining which opens the door for owner occupiers or investors alike.

Property Features:

- Total Floor Area: 460sqm (Including additional Mezzanine)
- Warehouse Size: 268sqm
- Original Office: 58sqm + 60sqm Additional
- Additional Storage Mezzanine: 74sqm
- Car Spaces: 3 Parking Spaces
- Roller Doors: 1 x Container Height Motorised Roller Shutter
- Amenities: Male & Female Bathrooms and Kitchenette
- Council: Canterbury Bankstown Council
- Zoning: IN2 Light Industrial
- To be Sold as a Going Concern - GST is Not Applicable

For any questions or to book an inspection, please call the exclusive listing agents.

Property History for 10/15-17 Gartmore Ave, Bankstown, NSW 2200

A timeline of how this property has performed in the market
Last Sold
$1,400,000
05 Feb 2024
Listed for Rent
$671/w
21 Jul 2011
  • 05 Feb 2024
    Sold for $1,400,000
  • 11 Dec 2023
    Listed for Sale $1,479,000 (NO GST)
  • 20 May 2011
    Listed for Rent - Price not available
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About Bankstown 2200

The size of Bankstown is approximately 6.5 square kilometres. It has 25 parks covering nearly 5.8% of total area. The population of Bankstown in 2011 was 30,571 people. By 2016 the population was 32,103 showing a population growth of 5.0% in the area during that time. The predominant age group in Bankstown is 20-29 years. Households in Bankstown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bankstown work in a professional occupation. In 2011, 52.4% of the homes in Bankstown were owner-occupied compared with 48.2% in 2016.

Bankstown has 15,892 properties. Over the last 5 years, Houses in Bankstown have seen a 54.34% increase in median value, while Units have seen a 15.20% increase. As at 30 November 2024:

  • The median value for Houses in Bankstown is $1,412,079 while the median value for Units is $553,758.
  • Houses have a median rent of $720 while Units have a median rent of $580.
There are currently 61 properties listed for sale, and 66 properties listed for rent in Bankstown on OnTheHouse. According to CoreLogic's data, 786 properties were sold in the past 12 months in Bankstown.

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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.