SOLD
RECENT ADVICE
Sold on 10 May 2024 for $3,050,000

43 Ninth Avenue
Campsie NSW 2194

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 945m2
Land area: 367m2
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Property Details for 43 Ninth Ave, Campsie

Building Type
Commercial
Floor Size
945m2
Land Size
367m2

Last Listing description (May 2024)

SALE SUBJECT TO NEW 5 YEAR TERM + 2 X 5 YEAR OPTIONS TO BE EXECUTED BEFORE SETTLEMENT.

ESTABLISHED LONG TERM TENANTS AS MECHANICAL WORKSHOP - MATHEWS TYRE SERVICE.

SALE SUBJECT TO "NEW 5 YEAR TERM" + 2 X 5 YEAR OPTIONS

TO BE EXECUTED BEFORE SETTLEMENT.

Heads OF Agreement signed ready to be executed by new investor.
* New 5 year term plus 2 X 5 year terms.
* $165,000 p.a net.
* 100% Outgoings paid by tenant
* 4% yearly increases.

Zoning R4 – High Density Residential.

- Building Internal Size 945 m2
- Land Tax $6643 p.a. approximately
- Water Rates $1224.40 p.a. approximately
- Council Rates $4932 p.a. approximately

MUST BE SOLD.

Inspect By Private Appointment | Contact Anthony Kassis 0412 750 992

AUCTION ON SITE SATURDAY 11th MAY 2024

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Property History for 43 Ninth Ave, Campsie, NSW 2194

A timeline of how this property has performed in the market
Last Sold
$3,050,000
10 May 2024
  • 10 May 2024
    Sold for $3,050,000
  • 05 Feb 2024
    Listed for Sale SOLD $3,050,000
  • 22 Oct 2021
    Sold
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About Campsie 2194

The size of Campsie is approximately 3.3 square kilometres. It has 16 parks covering nearly 3.3% of total area. The population of Campsie in 2011 was 21,219 people. By 2016 the population was 24,573 showing a population growth of 15.8% in the area during that time. The predominant age group in Campsie is 20-29 years. Households in Campsie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Campsie work in a professional occupation. In 2011, 48.9% of the homes in Campsie were owner-occupied compared with 43.3% in 2016.

Campsie has 12,652 properties. Over the last 5 years, Houses in Campsie have seen a 52.66% increase in median value, while Units have seen a 18.98% increase. As at 30 November 2024:

  • The median value for Houses in Campsie is $1,816,464 while the median value for Units is $652,258.
  • Houses have a median rent of $700 while Units have a median rent of $560.
There are currently 50 properties listed for sale, and 73 properties listed for rent in Campsie on OnTheHouse. According to CoreLogic's data, 543 properties were sold in the past 12 months in Campsie.

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Anthony Kassis
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