SOLD
Sold on 06 May 2024 for $2,150,000

17 Sir Joseph Banks Street
Botany NSW 2019

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 95m2
Land area: 555m2
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Sold By
WBE Pty Ltd. T/a X Commercial
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Property Details for 17 Sir Joseph Banks St, Botany

17 Sir Joseph Banks St, Botany is a 3 bedroom, 1 bathroom House and was built in 1920. The property has a land size of 555m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Botany in the last 12 months.

Building Type
House
Year Built
1920
Floor Size
95m2
Land Size
555m2
Local Government
Bayside
Lot/Plan
1/21/DP773

Last Listing description (June 2024)

X Commercial South Sydney are thrilled to offer 17 Sir Joseph Banks Street, Botany to market for Sale via Expressions of Interest.

Offered to market for the first time in over 38 years the property boasts potential for either residential occupancy or commercial/industrial development.
The site consists of an original 3-bedroom red brick home accessed off Sir Joseph Banks Street & a small workshop with yard from Luff Street. Holding a valuable corner position the property presents an opportunity for a purchaser to benefit from South Sydney's diminishing land supply and obtain a site with strong fundamentals & current or future upside capitalizing from its sought after E3: Productivity Support zoning.

Property Particulars:
- Total Site Area 540m2*
- Corner site
- 3-bedroom Residence with rear commercial storage/garage
- Holding short-term income - sold as going concern
- E3: Productivity Support Zoning
- FSR 1:1
- Building Height 12m
- Dual street frontage via Sir Joseph Banks Street & Luff Street with 2 x driveways
- Low site coverage allowing for an immediate value add opportunity
- Prime location suitable for an Industrial/commercial development
- Growth population area with significant surrounding residential & commercial developments
- Huge demand for further amenity in the area
- Easy Access to Port Botany, Sydney Airport, 12km from Sydney CBD & Main Roads such as Botany Rd, Foreshore drive, ED, M5
(*Approx.)

The site is offered via Expressions of Interest closing Thursday 9th May 2024 at 4pm if not sold prior.

To discuss further, arrange an inspection or obtain an IM please contact the exclusive selling agents below.

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Property History for 17 Sir Joseph Banks St, Botany, NSW 2019

A timeline of how this property has performed in the market
Last Sold
$2,150,000
06 May 2024
  • 06 May 2024
    Sold for $2,150,000
  • 04 Apr 2024
    Listed for Sale Expressions of Interest
  • 06 Feb 1986
    Sold for $103,000

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About Botany 2019

The size of Botany is approximately 3.7 square kilometres. It has 10 parks covering nearly 16.2% of total area. The population of Botany in 2011 was 8,884 people. By 2016 the population was 10,827 showing a population growth of 21.9% in the area during that time. The predominant age group in Botany is 30-39 years. Households in Botany are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Botany work in a professional occupation. In 2011, 69.4% of the homes in Botany were owner-occupied compared with 63.4% in 2016.

Botany has 6,765 properties. Over the last 5 years, Houses in Botany have seen a 49.17% increase in median value, while Units have seen a 23.16% increase. As at 31 August 2024:

  • The median value for Houses in Botany is $1,910,982 while the median value for Units is $952,762.
  • Houses have a median rent of $985 while Units have a median rent of $850.
There are currently 36 properties listed for sale, and 29 properties listed for rent in Botany on OnTheHouse. According to CoreLogic's data, 299 properties were sold in the past 12 months in Botany.

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