SOLD
Sold on 23 Jan 2024 for $805,000

37/402 Chapel Road
Bankstown NSW 2200

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 136m2
Land area: 194m2
Save

Property Details for 37/402 Chapel Rd, Bankstown

Building Type
Commercial
Floor Size
136m2
Land Size
194m2
Local Government
Canterbury-Bankstown
Lot/Plan
37/SP65391

Last Listing description (November 2021)

Securely leased premium position with a new 3 year tenancy.

* Located on level 4 facing Chapel Road overlooking Paul Keating park and Bankstown library.

* High quality fit out throughout the whole premises.

The interior layout consists of:
- Reception foyer
- 5 offices
- Meeting room
- Built in workstations, desks & storage cupboards

* Tenanted investment leased to a professional tenant on 3 year lease from 19 September 2019. Rented at $54,631.20 P.A. Gross + GST, with fixed 3% increases annually.

* 3 secure basement car spaces accessed via lift to level 4.

Chris Wade
0490 083 759
chrisw@commercial.net.au

Property History for 37/402 Chapel Rd, Bankstown, NSW 2200

A timeline of how this property has performed in the market
Last Sold
$805,000
23 Jan 2024
  • 23 Jan 2024
    Sold for $805,000
  • 27 Feb 2020
    Listed for Sale $765,000 No GST
  • 21 Jun 2010
    Sold for $470,000
Sign in to see more transactions

Commute Calculator

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.

Suburb Insights for Bankstown 2200

Market Insights
Bankstown Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Bankstown Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.