SOLD
Sold on 29 Dec 2023 for $2,320,000

39 Hugh Street
Belmore NSW 2192

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 645m2
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Property Details for 39 Hugh St, Belmore

Building Type
Commercial
Land Size
645m2
Local Government
Canterbury-Bankstown
Lot/Plan
91/DP9013

Last Listing description (November 2023)

An opportunity presents itself to secure a freehold industrial warehouse in the heart of Belmore's Industrial precinct.

TO THE OCCUPIER: The property is leased short terms with NO OPTION to renew. Collect the income now on a GST Free sale and move in when vacant. Purchase this and build your dream property to spec (STCA)
TO THE DEVELOPER: Purchase this site at a Land Value rate and redevelop (STCA) taking advantage of the huge demand for Belmore industrial.

The Specs:

. Fully concreted site, perfect for trades and other yard/office related usages
> Convenient location, close to major arterial roads such as Punchbowl Rd & King Georges Rd, also centrally located to both the M5 & M4 Motorways.
> Gated/Secure property with easy truck access and parking.
> High internal awning clearance
> Variety of different usages under its versatile IN2 Zoning
> Quality office space to support business administration

Auction
6th Of December 2023 - 12:00pm
On-Site @ 39 Hugh Street, Belmore

INSPECTIONS ARE KEY
Open For Inspection: Wednesday & Friday.
From 12:00pm 12:30pm (Until the auction.)

Ben Panayotopoulos
0430 140 683
benp@commercial.net.au

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Property History for 39 Hugh St, Belmore, NSW 2192

A timeline of how this property has performed in the market
Last Sold
$2,320,000
29 Dec 2023
Listed for Rent
$400/w
05 Jun 2014
  • 29 Dec 2023
    Sold for $2,320,000
  • 06 Nov 2023
    Listed for Sale Auction: 6th December 2023 12:00pm
  • 29 Nov 2017
    Sold for $1,400,000
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About Belmore 2192

The size of Belmore is approximately 2.8 square kilometres. It has 12 parks covering nearly 4.9% of total area. The population of Belmore in 2011 was 12,574 people. By 2016 the population was 12,746 showing a population growth of 1.4% in the area during that time. The predominant age group in Belmore is 30-39 years. Households in Belmore are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmore work in a professional occupation. In 2011, 56.6% of the homes in Belmore were owner-occupied compared with 52.9% in 2016.

Belmore has 6,520 properties.

    There are currently 19 properties listed for sale, and 33 properties listed for rent in Belmore on OnTheHouse. According to CoreLogic's data, 257 properties were sold in the past 12 months in Belmore.

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