8 Endeavour RoadCaringbah NSW 2229
Property Details for 8 Endeavour Rd, Caringbah
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
- 22 Jun 2024Sold for $12,550,000
- 26 May 2024Listed for Sale SOLD BY COOPER WILSON
- 14 Oct 2021Listed for Rent - Price not available
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0About 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 8,349 properties. Over the last 5 years, Houses in Caringbah have seen a 53.20% increase in median value, while Units have seen a 31.07% increase. As at 31 July 2024:
- The median value for Houses in Caringbah is $1,766,268 while the median value for Units is $849,897.
- Houses have a median rent of $800 while Units have a median rent of $650.
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