SOLD
Sold on 19 Jan 2024 for $880,000

1/58 Pendlebury Road
Cardiff NSW 2285

Bedrooms: -
Bathrooms: -
Car spaces: -
Sold By
Colliers Newcastle
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Property Details for 1/58 Pendlebury Rd, Cardiff

Building Type
Land
Local Government
Lake Macquarie
Lot/Plan
2/SP83993

Last Listing description (October 2023)

The property comprises an office and warehouse facility situated within the tightly held Cardiff industrial estate.

The configuration of the improvements provides flexibility to accommodate dual occupants or alternatively remove party walls to create one larger single floorplate.

Comprising part of a two lot strata development, the property features dual sealed driveway access, together with yard storage areas.

The property represents an ideal opportunity to move your business out of your home or for savvy investors seeking to secure a diversified income profile.

For Sale by Public Auction | Thursday 19 October 2023 at 10.30am (AEDT).
Ground Floor, 18 Honeysuckle Drive, Newcastle.

*Approximate

Property History for 1/58 Pendlebury Rd, Cardiff, NSW 2285

A timeline of how this property has performed in the market
Last Sold
$880,000
19 Jan 2024
  • 19 Jan 2024
    Sold for $880,000
  • 20 Sep 2023
    Listed for Sale Please contact agent

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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.