SOLD
Sold on 28 Aug 2024 for $8,400,000

5/16 Lexington Drive
Bella Vista NSW 2153

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 26933m2
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Property Details for 5/16 Lexington Dr, Bella Vista

Building Type
Commercial
Land Size
26933m2
Local Government
The Hills Shire
Lot/Plan
5/SP80508

Last Listing description (July 2019)

Have a corporate office appeal to clients, with the convenience of warehouse attached, but out of sight. Enjoy the staff amenities in the world class Norwest Business Park.
Combination of 595m of mezzanine office, 319m ground floor office/showroom, 700m of warehouse PLUS approx. 150m undercover hardstand area.

Corporate office appeal (warehouse is out of site from entry).

World class location & staff amenities not found in typical office/warehouse locations.
Walk to upcoming Bella Vista rail station (opening 2019).
2 roller door access to plus large undercover hardstand area (approx 150sqm).
Corner unit with 2 walls of floor to ceiling glass with a leafy outlook.
41 cars plus ability for more parking.

Impressive office/warehouse offers a corporate office feel when clients visit, but the convenience of having warehouse attached but out of sight. Enjoy the benefits Norwest Business Park offers, plus only streets away from the M2 and M7 motorway being accessible to Greater Sydney - a major reason Woolworths national head office is up the street and many other national and multi-national companies have located to Norwest.

Property History for 5/16 Lexington Dr, Bella Vista, NSW 2153

A timeline of how this property has performed in the market
Last Sold
$8,400,000
28 Aug 2024
Listed for Rent
$1.20k/w
17 May 2022
  • 28 Aug 2024
    Sold for $8,400,000
  • 24 Apr 2019
    Listed for Rent $29,982 / week
  • 25 Dec 2018
    Listed for Rent $10,794 / week
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About Bella Vista 2153

The size of Bella Vista is approximately 4.7 square kilometres. It has 16 parks covering nearly 10.3% of total area. The population of Bella Vista in 2011 was 7,316 people. By 2016 the population was 7,845 showing a population growth of 7.2% in the area during that time. The predominant age group in Bella Vista is 50-59 years. Households in Bella Vista are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bella Vista work in a professional occupation. In 2011, 87.2% of the homes in Bella Vista were owner-occupied compared with 86.2% in 2016.

Bella Vista has 4,030 properties. Over the last 5 years, Houses in Bella Vista have seen a 57.13% increase in median value, while Units have seen a 45.28% increase. As at 30 November 2024:

  • The median value for Houses in Bella Vista is $2,339,739 while the median value for Units is $1,311,298.
  • Houses have a median rent of $1,000 while Units have a median rent of $798.
There are currently 16 properties listed for sale, and 9 properties listed for rent in Bella vista on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Bella vista.

Suburb Insights for Bella Vista 2153

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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.