SOLD
Sold on 02 Apr 2024 for $3,410,000

2 Miles Street
Mascot NSW 2020

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 168m2
Land area: 876m2
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Property Details for 2 Miles St, Mascot

2 Miles St, Mascot is a 0 bedroom, 0 bathroom House and was built in 1920. The property has a land size of 876m2 and floor size of 168m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 0 bedroom House sold in Mascot in the last 12 months.

Building Type
House
Year Built
1920
Floor Size
168m2
Land Size
876m2
Local Government
Bayside
Lot/Plan
1/DP153038

Last Listing description (November 2023)

Colliers are pleased to offer for sale 2 Miles Street, Mascot. Presenting a DA-approved boutique new-age boarding house development located in a prime South Sydney location.

The site is DA-approved for 27 boarding house rooms + basement parking for 14 cars. Offered with vacant possession, this provides the opportunity to begin construction immediately.

Key features of the development:

- DA approved and shovel-ready site for 27 boarding house rooms
- Projected income of $620,000* per annum once developed and leased
- Vacant possession, providing immediate opportunity to begin development
- Increased demand for short term and affordable housing along with lack of quality supply coming to market
- Surrounded by excellent retail and transport amenity
- 8.9km* to Sydney CBD
- 900m* from Mascot Train Station
- 4.3km* to Sydney Airport
- Regular shaped land parcel

*Approx.

2 Miles Street, Mascot is being offered for sale via Private Treaty.

For further details please contact the exclusive agents below:

Angus Urquhart
0432 192 849

Nick Mallett
0410 807 877

Hamish Miles
0404 524 724

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Property History for 2 Miles St, Mascot, NSW 2020

A timeline of how this property has performed in the market
Last Sold
$3,410,000
02 Apr 2024
Listed for Rent
$330/w
01 Jul 2015
  • 02 Apr 2024
    Sold for $3,410,000
  • 20 Jul 2023
    Listed for Sale Please contact agent
  • 29 Nov 2021
    Sold for $3,500,000
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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 11,665 properties. Over the last 5 years, Houses in Mascot have seen a 39.02% increase in median value, while Units have seen a 3.08% increase. As at 31 October 2024:

  • The median value for Houses in Mascot is $1,830,264 while the median value for Units is $876,053.
  • Houses have a median rent of $925 while Units have a median rent of $950.
There are currently 66 properties listed for sale, and 73 properties listed for rent in Mascot on OnTheHouse. According to CoreLogic's data, 627 properties were sold in the past 12 months in Mascot.

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