247 Railway ParadeCabramatta NSW 2166
Property Details for 247 Railway Pde, Cabramatta
247 Railway Pde, Cabramatta is a 0 bedroom, 0 bathroom House. The property has a land size of 852m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 0 bedroom House sold in Cabramatta in the last 12 months.
Last Listing description (October 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 Jul 2024Sold for $3,820,000
- 21 May 2024Listed for Sale Contact Agent
- 22 Sep 2023Listed for Sale Contact Agent
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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 8,692 properties. Over the last 5 years, Houses in Cabramatta have seen a 60.07% increase in median value, while Units have seen a 7.28% increase. As at 31 October 2024:
- The median value for Houses in Cabramatta is $1,200,584 while the median value for Units is $452,750.
- Houses have a median rent of $585 while Units have a median rent of $410.
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