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Sold on 11 Oct 2024 - Price Unavailable

157 Berkeley Road
Berkeley NSW 2506

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1644m2
Land area: 1644m2
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Property Details for 157 Berkeley Rd, Berkeley

Building Type
Commercial
Floor Size
1644m2
Land Size
1644m2

Last Listing description (October 2024)

Ideally positioned within Berkeley and Unanderra industrial precincts, this site offers a unique opportunity for developers or owner occupiers to acquire a secured parcel of vacant, unimproved land, in a highly sought after location.

157 Berkeley Road, Berkeley is close to specialty operators in Unanderra, less than 2km to BlueScope Steel (Springhill) and 7km to Port Kembla Port. Situated in a high exposure location just moments from some of the areas busiest roads including Glastonbury Avenue and Five Islands Road, and with easy access to the Princes Motorway entrances and exits in both North and South directions.

The site offers 1,644m2* of unimproved industrial land. There is currently a shipping container onsite with plumbing and electricity connection and is being used as a site office. This can be purchased for an additional cost quoted by the current hire company.

Whether you're looking to establish a new facility or expand your industrial footprint, this property is ready for an operator or developer to create their vision.

Property Features:
• Expansive 1,644m2* of land area
• Zoning: E5 Heavy Industrial under Wollongong City Council LEP
• Close proximity to major transport links
• Surrounded by thriving operators
• Highly sought after heavy industrial allotment

EOI Closing Wednesday 4 September at 4PM (AEST)

For more information or to arrange an inspection, please contact one of our exclusive agents

*Approx.

Property History for 157 Berkeley Rd, Berkeley, NSW 2506

A timeline of how this property has performed in the market
Last Sold
11 Oct 2024
  • 11 Oct 2024
    Sold
  • 01 Aug 2024
    Listed for Sale EOI Closing Wednesday 4 September at 4PM (AEST)
  • 17 Oct 2018
    Sold for $550,000

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About Berkeley 2506

The size of Berkeley is approximately 7.2 square kilometres. It has 18 parks covering nearly 20.4% of total area. The population of Berkeley in 2011 was 7,426 people. By 2016 the population was 7,612 showing a population growth of 2.5% in the area during that time. The predominant age group in Berkeley is 50-59 years. Households in Berkeley are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Berkeley work in a trades occupation. In 2011, 60.6% of the homes in Berkeley were owner-occupied compared with 59.3% in 2016.

Berkeley has 3,594 properties. Over the last 5 years, Houses in Berkeley have seen a 77.11% increase in median value, while Units have seen a 47.38% increase. As at 31 October 2024:

  • The median value for Houses in Berkeley is $732,760 while the median value for Units is $723,921.
  • Houses have a median rent of $570 while Units have a median rent of $590.
There are currently 15 properties listed for sale, and 6 properties listed for rent in Berkeley on OnTheHouse. According to CoreLogic's data, 153 properties were sold in the past 12 months in Berkeley.

Suburb Insights for Berkeley 2506

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Contact agent
Taleah Thomas
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Simon Kersten
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Colliers International - Wollongong
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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.