SOLD
Sold on 18 Dec 2023 for $3,500,000

125 Baxter Road
Mascot NSW 2020

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 341m2
Land area: 341m2
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Property Details for 125 Baxter Rd, Mascot

Building Type
Commercial
Floor Size
341m2
Land Size
341m2
Local Government
Bayside
Lot/Plan
63/DP979354

Last Listing description (October 2023)

First time offered for sale in 25 years- features include:

Freestanding 2 level office / warehouse

Used for Automotive repairs for over 25 years.
Vehicular Spray booth and vehicle hoist installed
Bathrooms , shower and Kitchen area

Ground level area - 280 sqm
Upper level Office- 92 sqm
Total Gross Lettable area - 372 sqm approx

B5 Zoning allows a wide variety of uses

Floor Space Ratio (FSR) - 3:1

Height Limit- 44 metres - approx 14 storeys

Please note all zoning , height and FSR information is subject to confirmation by council - purchasers should rely on their own enquiries.

The property is in a prime position a few hundred metres from Sydney Airport- surrounded by hi rise office and hotel accommodation including the Stamford Plaza Hotel, Quest Hotel.Citadines Connect Hotel, Rex Express Group and the new Baxter Road Hotel which is currently under construction.

This is an excellent opportunity for an owner occupier or a purchaser looking to develop ( stca)

Property History for 125 Baxter Rd, Mascot, NSW 2020

A timeline of how this property has performed in the market
Last Sold
$3,500,000
18 Dec 2023
  • 18 Dec 2023
    Sold for $3,500,000
  • 12 Apr 2023
    Listed for Sale POA
  • 07 Dec 2012
    Listed for Sale Not Disclosed
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About Mascot 2020

The size of Mascot is approximately 12.1 square kilometres. It has 29 parks covering nearly 1.7% of total area. The population of Mascot in 2011 was 10,178 people. By 2016 the population was 14,792 showing a population growth of 45.3% in the area during that time. The predominant age group in Mascot is 20-29 years. Households in Mascot are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Mascot work in a professional occupation. In 2011, 64.6% of the homes in Mascot were owner-occupied compared with 49.5% in 2016.

Mascot has 11,898 properties. Over the last 5 years, Houses in Mascot have seen a 45.71% increase in median value, while Units have seen a 5.64% increase. As at 31 August 2024:

  • The median value for Houses in Mascot is $1,800,924 while the median value for Units is $871,116.
  • Houses have a median rent of $978 while Units have a median rent of $950.
There are currently 66 properties listed for sale, and 49 properties listed for rent in Mascot on OnTheHouse. According to CoreLogic's data, 632 properties were sold in the past 12 months in Mascot.

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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.