3/118-130 Queens RoadFive Dock NSW 2046
Property Details for 3/118-130 Queens Rd, Five Dock
Last Listing description (September 2024)
Lot 3/ 118-130 Queens Road Five Dock presents a great opportunty to invest in a neat, perfect for purpose workshop with a long term tenant locked in until 2027. Comprising a total of 296 sqm of industrial warehouse plus parking for 4 cars, the property is currently occupied by Sam's Automotive, an automotive workshop which has operated in the area for over 14 years.
* 293 sqm
* High clearance workshop with hoists and workbays
* Leased to 2027 with 5 year option
* Future zoning uplift
EXPRESSIONS OF INTEREST
For more information contact Rob Madden 0430 315 194 / Sam Hill 0419 747 440
Property History for 3/118-130 Queens Rd, Five Dock, NSW 2046
- 08 Jul 2024Sold for $1,700,000
- 21 Feb 2024Listed for Sale Not Disclosed
- 21 Oct 2014Listed for Rent $41,600 / year
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About Five Dock 2046
The size of Five Dock is approximately 2.4 square kilometres. It has 12 parks covering nearly 16.4% of total area. The population of Five Dock in 2011 was 8,747 people. By 2016 the population was 9,392 showing a population growth of 7.4% in the area during that time. The predominant age group in Five Dock is 40-49 years. Households in Five Dock are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Five Dock work in a professional occupation. In 2011, 63.8% of the homes in Five Dock were owner-occupied compared with 62.6% in 2016.
Five Dock has 5,294 properties. Over the last 5 years, Houses in Five Dock have seen a 45.55% increase in median value, while Units have seen a 27.31% increase. As at 31 October 2024:
- The median value for Houses in Five Dock is $2,715,052 while the median value for Units is $1,105,110.
- Houses have a median rent of $945 while Units have a median rent of $770.
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