SOLD
Sold on 13 Nov 2023 for $1,300,000

211/27 Mars Road
Lane Cove West NSW 2066

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 5465m2
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Property Details for 211/27 Mars Rd, Lane Cove West

Building Type
Land
Land Size
5465m2
Local Government
Lane Cove
Lot/Plan
13/SP83285

Last Listing description (September 2023)

Unlock the potential of Unit 211 at Compass Business Park an exceptional industrial unit offering both functionality and convenience in Lane Cove West.

This modern industrial unit was built in 2009 and offers both functionality and security. The ground floor of 95m2 (approx.) comprises a warehouse that is open plan, column free and benefits from great natural light through elevated rear windows. There is also a bathroom on the ground floor.


The upstairs office totaling 96m2 offers an inviting and vibrant work space with two existing offices (or one office and a meeting room) as well as an expansive open plan work area. Enjoy the benefits of an elevated position with loads of natural light and breezes from opening windows at both the front and rear of the floor. The office also boasts a well-appointed kitchen and reverse-cycle air conditioning.

This unit is located within a security estate and your business is safeguarded with 24-hour access via remote-controlled gates (open during business hours) and an array of security features including a video intercom system, electronic door lock, and other security options.

There is parking conveniently located at the front of the unit as well as two secure basement parking spaces with access for vehicles up to 2.8m tall inside the basement.

Unit 211 enjoys swift connectivity to major transportation routes. The M2, Lane Cove Tunnel, and Lane Cove Road pave the way for travel in all directions across Sydney.

Whether you're an owner-occupier or an astute investor, Unit 211, Compass Business Park is a great opportunity. The unit is for sale by expressions of interest (meaning we are inviting offers). Interested parties are invited to submit their offers by 5pm Tuesday, 3rd October 2023 unless sold prior.

To learn more or schedule a private inspection, contact Jason or Patricia on 9418 6555. Don't miss out on this chance to secure this prime piece of real estate in a tightly held estate.

Property History for 211/27 Mars Rd, Lane Cove West, NSW 2066

A timeline of how this property has performed in the market
Last Sold
$1,300,000
13 Nov 2023
  • 13 Nov 2023
    Sold for $1,300,000
  • 05 Sep 2023
    Listed for Sale Offers Invited by 3rd October 2023
  • 31 Oct 2013
    Sold for $500,000

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About Lane Cove West 2066

The size of Lane Cove West is approximately 1.7 square kilometres. It has 13 parks covering nearly 20.4% of total area. The population of Lane Cove West in 2011 was 2,250 people. By 2016 the population was 2,627 showing a population growth of 16.8% in the area during that time. The predominant age group in Lane Cove West is 30-39 years. Households in Lane Cove West are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Lane Cove West work in a professional occupation. In 2011, 76.3% of the homes in Lane Cove West were owner-occupied compared with 66.3% in 2016.

Lane Cove West has 1,902 properties. Over the last 5 years, Houses in Lane Cove West have seen a 69.31% increase in median value, while Units have seen a 22.47% increase. As at 31 July 2024:

  • The median value for Houses in Lane Cove West is $2,899,058 while the median value for Units is $887,546.
  • Houses have a median rent of $1,350 while Units have a median rent of $650.
There are currently 2 properties listed for sale, and 3 properties listed for rent in Lane cove west on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Lane cove west.

Suburb Insights for Lane Cove West 2066

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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.