SOLD
Sold on 05 Oct 2023 for $1,705,000

60 Pendlebury Road
Cardiff NSW 2285

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 724m2
Land area: 2086m2
Sold By
Jason Morris
MOVABLE - Commercial
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Property Details for 60 Pendlebury Rd, Cardiff

Building Type
Commercial
Floor Size
724m2
Land Size
2086m2
Local Government
Lake Macquarie
Lot/Plan
237/DP553984

Last Listing description (October 2023)

CURRENT BID $1,420,000
A free-standing building that sits on a parcel of land that is approximately 2,166sqm. The building is approximately 720sqm and is a clear span warehouse with office/showroom and amenities.

The property is currently leased by Crossfire Marine who have been there since June 2020 and are looking to stay on in the future.

There is no lease option to renew past June 2024 so it is a possibility for owner occupiers or developers. An under-developed corner block with huge potential, in the heart of Cardiff's industrial estate.

For sale by Openn Negotiation (flexible conditions online auction). The Openn Negotiation is under way and the property can sell at any time. Final bidding stage closes Thursday 5 October@6pm. Contact Jason Morris immediately to become qualified and avoid disappointment.

Property History for 60 Pendlebury Rd, Cardiff, NSW 2285

A timeline of how this property has performed in the market
Last Sold
$1,705,000
05 Oct 2023
Listed for Rent
$62k/w
04 Sep 2020
  • 05 Oct 2023
    Sold for $1,705,000
  • 13 Sep 2023
    Listed for Sale Contact Agent
  • 16 May 2023
    Sold
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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.