SOLD
Sold on 01 Nov 2023 for $2,950,000

41 Hugh Street
Belmore NSW 2192

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1000m2
Land area: 645m2
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Sold By
Ben Panayotopoulos
Commercial Property Group
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Property Details for 41 Hugh St, Belmore

41 Hugh St, Belmore is a 0 bedroom, 0 bathroom House. The property has a land size of 645m2 and floor size of 1000m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 0 bedroom House sold in Belmore in the last 12 months.

Building Type
House
Floor Size
1000m2
Land Size
645m2
Local Government
Canterbury-Bankstown
Lot/Plan
90/DP9013

Last Listing description (November 2023)

An opportunity presents itself to secure a freehold industrial warehouse with a current income.

TO THE OCCUPPIER: The property is leased till November 2025 with NO OPTION to renew. Collect the income now on a GST Free sale and move in later!!
TO THE INVESTOR: The tenant is paying $110,000 PA + GST. They have invested $$$ upgrading the building to suit their usage and would look to renegotiate a new lease upon expiry.

The Specs:

> Convenient location, close to major arterial roads such as Punchbowl Rd & King Georges Rd, also centrally located to both the M5 & M4 Motorways.
> Clear Span Floor plate.
> Gated/Secure property with a large front yard to support easy truck access and parking.
> High internal clearance
> Variety of different usages under its versatile IN2 Zoning
> Large roller door access
> Proportionate office space to support business administration.

Auction
1st Of November 2023 - 12:00pm
On-Site @ 41 Hugh Street, Belmore

INSPECTIONS ARE KEY
Open For Inspection: Wednesday & Friday.
From 11:30am 12:00pm (Until the auction.)

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

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Property History for 41 Hugh St, Belmore, NSW 2192

A timeline of how this property has performed in the market
Last Sold
$2,950,000
01 Nov 2023
Listed for Rent
$1.53k/w
05 Oct 2022
  • 01 Nov 2023
    Sold for $2,950,000
  • 28 Sep 2023
    Listed for Sale THE HAMMER WILL BE DROPPED
  • 31 Aug 2022
    Listed for Rent $80,000 / year
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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 32 properties listed for sale, and 25 properties listed for rent in Belmore on OnTheHouse. According to CoreLogic's data, 255 properties were sold in the past 12 months in Belmore.

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