Strategic Investment Opportunity
This freestanding investment property is located just off Mulgoa Road via signalised access on a 17,710 sqm site. With a floor area of 9,027 sqm the multinational tenant has been in occupation just over 15 years and has recently renewed the lease for a further 5 years which expires in 2016. Surrounded by high profile traditional bulky goods tenancies such as Harvey Norman, Bing Lee, Spotlight, Domayne, Bunnings etc who are enjoying the growth of Penrith and surrounding suburbs.
Key Benefits of this opportunity are:
The size of Jamisontown is approximately 4 square kilometres. It has 9 parks covering nearly 9.6% of total area. The population of Jamisontown in 2011 was 5,242 people. By 2016 the population was 5,500 showing a population growth of 4.9% in the area during that time. The predominant age group in Jamisontown is 30-39 years. Households in Jamisontown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Jamisontown work in a clerical occupation. In 2011, 65.1% of the homes in Jamisontown were owner-occupied compared with 60.3% in 2016.
Jamisontown has 3,063 properties. Over the last 5 years, Houses in Jamisontown have seen a 63.38% increase in median value, while Units have seen a 29.04% increase. As at 31 October 2024:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.