SOLD
Sold on 08 Jul 2024 for $1,700,000

3/118-130 Queens Road
Five Dock NSW 2046

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 300m2
Land area: 7947m2
Sold By
John Hill & Co
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Property Details for 3/118-130 Queens Rd, Five Dock

Building Type
Commercial
Floor Size
300m2
Land Size
7947m2
Local Government
Canada Bay
Lot/Plan
3/SP30687

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

* Tidy office/receptiom
* 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

A timeline of how this property has performed in the market
Last Sold
$1,700,000
08 Jul 2024
Listed for Rent
$797/w
24 Apr 2015
  • 08 Jul 2024
    Sold for $1,700,000
  • 21 Feb 2024
    Listed for Sale Not Disclosed
  • 21 Oct 2014
    Listed 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 5,302 properties. Over the last 5 years, Houses in Five Dock have seen a 52.59% increase in median value, while Units have seen a 26.08% increase. As at 30 September 2024:

  • The median value for Houses in Five Dock is $2,744,729 while the median value for Units is $1,099,249.
  • Houses have a median rent of $945 while Units have a median rent of $775.
There are currently 26 properties listed for sale, and 41 properties listed for rent in Five dock on OnTheHouse. According to CoreLogic's data, 172 properties were sold in the past 12 months in Five dock.

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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.