247 Railway ParadeCabramatta NSW 2166
Property Details for 247 Railway Pde, Cabramatta
Last Listing description (September 2024)
Laing & Simmons Cabramatta is pleased to present 247 Railway Parade, Cabramatta to the market For Sale.
This property is strategically positioned in a highly sought-after area. The freestanding commercial over two-level industrial building consists of 2 ground-floor warehouses plus 1st Floor 2 offices to be sold in one line and directly opposite the Cabramatta Railway line.
Property features:
+ Land area: 20.11m x 48.9m = 986.4m2 approx.
+ Building area: 802 sqm approx.
Level 1:
+ Office 1 & 2 leased to Dragon Style Kungfu & Fitness Incorporated. The lease expires on 31/05/24 with 1 year option
+ Rental income: $1,930 incl GST per month
Ground Floor:
+ Warehouse 3 leased to Maikong Mechanical Repairs. The lease expires on a month-to-month basis. Rental income: $3,234.92 incl. GST per month
+ Warehouse 4 leased to VITEK Pty Ltd. The lease expires on 30/06/2024 with a further 3-year option. Rental income:
$4,175.75 incl. GST per month
+ Total rental incomes for 3 tenancies is $112,088.00 incl GST p.a.
+ Strategic position with further potential
+ Directly opposite the Cabramatta Railway Line
+ Opportunity to occupy, invest or redevelop (S.T.C.A.)
+ For further due diligent information or inspections, please contact the exclusive selling agents
Property History for 247 Railway Pde, Cabramatta, NSW 2166
- 18 Jun 2024Sold for $3,820,000
- 21 May 2024Listed for Sale Contact Agent
- 22 Sep 2023Listed for Sale Contact Agent
Commute Calculator
Recent sales nearby
See more recent sales nearbySimilar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Cabramatta 2166
The size of Cabramatta is approximately 5 square kilometres. It has 16 parks covering nearly 12.7% of total area. The population of Cabramatta in 2011 was 20,780 people. By 2016 the population was 21,788 showing a population growth of 4.9% in the area during that time. The predominant age group in Cabramatta is 20-29 years. Households in Cabramatta are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cabramatta work in a labourer occupation. In 2011, 52.9% of the homes in Cabramatta were owner-occupied compared with 48.3% in 2016.
Cabramatta has 8,686 properties. Over the last 5 years, Houses in Cabramatta have seen a 63.76% increase in median value, while Units have seen a 12.28% increase. As at 31 July 2024:
- The median value for Houses in Cabramatta is $1,139,505 while the median value for Units is $442,181.
- Houses have a median rent of $570 while Units have a median rent of $390.
Suburb Insights for Cabramatta 2166
Market Insights
Cabramatta Trends for Houses
N/A
N/A
View TrendN/A
N/A
Cabramatta Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
