SOLD
Sold on 19 Oct 2023 for $2,900,000

1/12 Belford Place
Cardiff NSW 2285

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6691m2
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Property Details for 1/12 Belford Pl, Cardiff

Building Type
Land
Land Size
6691m2
Local Government
Lake Macquarie
Lot/Plan
1/SP50252

Last Listing description (October 2023)

CURRENT BID $2,350,000 - 7 QUALIFIED BIDDERS. The Openn Negotiation is underway (online auction with flexible terms for qualified buyers) and the property can sell as early as tomorrow. Contact Steven Dick on 0400 000 947 immediately to become qualified and avoid disappointment.

Located at the end of a quiet cul-de-sac this stand-alone building is the first you see when entering the site. With the current tenants lease expiring in July 2024 you could occupy from then or re-negotiate a new lease with the current tenant or a new tenant. The building features are:

* (18) Car parks

* Single storey brick office at the front of the warehouse
* Warehouse has first-floor offices and amenities
* 2 Roller doors with a 3rd used as a breezeway
* High clearance warehouse
* Current Rent only $139,140.30pa + OGs + GST

With the current lease expiring next year this is a flexible building that either way you choose to use, will be a great property to add to your portfolio.

Property History for 1/12 Belford Pl, Cardiff, NSW 2285

A timeline of how this property has performed in the market
Last Sold
$2,900,000
19 Oct 2023
Listed for Rent
$2.78k/w
17 Aug 2018
  • 19 Oct 2023
    Sold for $2,900,000
  • 11 Sep 2023
    Listed for Sale Contact Agent
  • 27 Jul 2018
    Listed for Rent - Price not available
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About Cardiff 2285

The size of Cardiff is approximately 5.2 square kilometres. It has 19 parks covering nearly 10.7% of total area. The population of Cardiff in 2011 was 5,778 people. By 2016 the population was 5,824 showing a population growth of 0.8% in the area during that time. The predominant age group in Cardiff is 30-39 years. Households in Cardiff are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cardiff work in a professional occupation. In 2011, 74% of the homes in Cardiff were owner-occupied compared with 71.4% in 2016.

Cardiff has 3,803 properties. Over the last 5 years, Houses in Cardiff have seen a 71.02% increase in median value, while Units have seen a 43.62% increase. As at 31 July 2024:

  • The median value for Houses in Cardiff is $787,921 while the median value for Units is $598,345.
  • Houses have a median rent of $550 while Units have a median rent of $505.
There are currently 18 properties listed for sale, and 7 properties listed for rent in Cardiff on OnTheHouse. According to CoreLogic's data, 162 properties were sold in the past 12 months in Cardiff.

Suburb Insights for Cardiff 2285

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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.