SOLD
Sold on 10 Jun 2024 - Price Unavailable

706-752 Mamre Road
Kemps Creek NSW 2178

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 521000m2
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Property Details for 706-752 Mamre Rd, Kemps Creek

Building Type
Land
Land Size
521000m2
Local Government
Penrith
Lot/Plan
1/DP104958

Last Listing description (July 2022)

This offering presents a rare opportunity to acquire a significant 52.1 hectare* parcel of potential future industrial zoned** land within Kemps Creek, adjoining the prime industrial suburb of Erskine Park & Eastern Creek.

Fully developed, this opportunity will provide for over $680 million worth of core, state of the art industrial & logistics product, meeting the demands of both global and local industrial logistics and e-commerce operators.


Located on the corner of Mamre Road and Bakers Lane, the 52.1-hectare* site will offer the incoming purchaser the opportunity to develop (STCA) a large scale industrial and logistics estate** of commanding scale, something that has been extremely hard to acquire in the tightly held Sydney industrial and logistics market over the recent years.

The site benefits from close proximity to the major arterial routes including the M4 & M7 Motorways and the Great Western Highway. The site will also greatly benefit from the Governments unprecedented investment in infrastructure of $93.3 billion over the next 4 years.

The site will be offered to the market via an International Expressions of Interest Campaign with round 1 closing 4:00pm (AEST) Thursday the 26th of September 2019.


**subject to council approval (STCA)
*approximately

Property History for 706-752 Mamre Rd, Kemps Creek, NSW 2178

A timeline of how this property has performed in the market
Last Sold
10 Jun 2024
  • 10 Jun 2024
    Sold
  • 14 Mar 2024
    Sold
  • 09 Sep 2019
    Listed for Sale Please contact agent
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About Kemps Creek 2178

The size of Kemps Creek is approximately 33.1 square kilometres. It has 7 parks covering nearly 0.5% of total area. The population of Kemps Creek in 2011 was 2,309 people. By 2016 the population was 2,261 showing a population decline of 2.1% in the area during that time. The predominant age group in Kemps Creek is 10-19 years. Households in Kemps Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kemps Creek work in a managers occupation. In 2011, 69.5% of the homes in Kemps Creek were owner-occupied compared with 65% in 2016.

Kemps Creek has 827 properties. Over the last 5 years, Houses in Kemps Creek have seen a 81.89% increase in median value, while Units have seen a -29.12% decrease. As at 31 July 2024:

  • The median value for Houses in Kemps Creek is $4,886,070 while the median value for Units is $1,242,747.
  • Houses have a median rent of $650.
There are currently 9 properties listed for sale, and 5 properties listed for rent in Kemps creek on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Kemps creek.

Suburb Insights for Kemps Creek 2178

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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.