SOLD
Sold on 22 Jun 2024 for $12,550,000

8 Endeavour Road
Caringbah NSW 2229

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1622m2
Sold By
Cooper Wilson Commercial
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Property Details for 8 Endeavour Rd, Caringbah

Building Type
Land
Land Size
1622m2
Local Government
Sutherland
Lot/Plan
7/SP69339

Last Listing description (June 2024)

Cooper Wilson Commercial proudly presents Units 8 & 10 Endeavour Road Caringbah known as LOT 7 and 8 Strata PLAN 6933.
For Sale via Public Auction.

These exceptional property boasts two separate titles to be sold in one line.

8 Endeavour Road Caringbah Building area 1214m2 Land 1514m2

10 Endeavour road Caringbah Building Area 2271m2 Land 3487m2

Total building area 3485m2 set on a land area 5001m2 strategically positioned within Caringbah bustling industrial precinct on Endeavour Road with exposure to captain Cook Drive.

The property has versatile access, offering three convenient entry points as well as abundant onsite/allocated parking for customers and tenants. The site has been fully leased to Central Signs Pty Ltd since 2014 with lease expiry 30th November 2025 and a furtehr 5 Year Option.

Income of $699,704 + GST P.A. and approximate Nett Income of $607,291 + GST P.A

Nestled in the heart of Caringbah's Industrial precinct, premium property is an unparalleled investment opportunity with substantial upside expected on a market review.

Gross rent is $699,704 p.a. + GST
Strategically located in the thriving industrial precinct of Caringbah
Building area of 3485m2
Zoned E4 General Industrial
Multiple access points and roller door access
Leased to long standing business Central Signs Pty Ltd since 2014 with lease expiring December 2025 with Five (5) year option

Contact Brett Cooper 0409848833 or Mitch Pistola 0425 263 929

Property History for 8 Endeavour Rd, Caringbah, NSW 2229

A timeline of how this property has performed in the market
Last Sold
$12,550,000
22 Jun 2024
Listed for Rent
$688/w
03 Mar 2022
  • 22 Jun 2024
    Sold for $12,550,000
  • 26 May 2024
    Listed for Sale SOLD BY COOPER WILSON
  • 14 Oct 2021
    Listed for Rent - Price not available
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About Caringbah 2229

The size of Caringbah is approximately 5 square kilometres. It has 18 parks covering nearly 4% of total area. The population of Caringbah in 2011 was 10,955 people. By 2016 the population was 11,673 showing a population growth of 6.6% in the area during that time. The predominant age group in Caringbah is 30-39 years. Households in Caringbah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caringbah work in a professional occupation. In 2011, 62.4% of the homes in Caringbah were owner-occupied compared with 59.9% in 2016.

Caringbah has 8,433 properties. Over the last 5 years, Houses in Caringbah have seen a 51.01% increase in median value, while Units have seen a 23.45% increase. As at 30 November 2024:

  • The median value for Houses in Caringbah is $1,810,148 while the median value for Units is $869,800.
  • Houses have a median rent of $780 while Units have a median rent of $650.
There are currently 21 properties listed for sale, and 25 properties listed for rent in Caringbah on OnTheHouse. According to CoreLogic's data, 432 properties were sold in the past 12 months in Caringbah.

Suburb Insights for Caringbah 2229

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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.