SOLD
Sold on 23 May 2024 for $75,000,000

247 King Street
Mascot NSW 2020

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 200m2
Land area: 13700m2
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Property Details for 247 King St, Mascot

Building Type
Commercial
Floor Size
200m2
Land Size
13700m2
Local Government
Bayside
Lot/Plan
B/DP396401

Last Listing description (November 2023)

Colliers International are pleased to offer for lease, Suite 9, 247 King Street Mascot.

The suite is located on the first floor of a mixed use estate with its own foyer allowing easy access into the suite.

The suite is an open plan, freshly painted suite with air-conditioning and great light.

With 247 King Street being located 800m to Mascot Train Station, close to shops and 5 parking spaces , this property won't last long!

Key features of the suite include:

- 221m of office space;
- 5 allocated parking spaces;
- Fully air-conditioned building;
- Natural light throughout;
- Dedicated amenities; and
- Over height ceilings

For further details or to arrange an inspection, please contact the below Colliers International exclusive leasing agent,

Jackson Wray
0404 062 237

Hamish Miles
0404 524 724

Mitchell Johnston
0426 242 734

Property History for 247 King St, Mascot, NSW 2020

A timeline of how this property has performed in the market
Last Sold
$75,000,000
23 May 2024
Listed for Rent
19 Apr 2023
  • 23 May 2024
    Sold for $75,000,000
  • 22 Aug 2023
    Listed for Rent - Price not available
  • 04 Aug 2022
    Sold for $66,750,000
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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, 624 properties were sold in the past 12 months in Mascot.

Suburb Insights for Mascot 2020

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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.