29/1008 Botany RoadMascot NSW 2020
Property Details for 29/1008 Botany Rd, Mascot
29/1008 Botany Rd, Mascot is a 0 bedroom, 0 bathroom Car Space. The property has a land size of 27m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 0 bedroom Car Space sold in Mascot in the last 12 months.
Last Listing description (October 2024)
Introducing Lot 29/1008 Botany Road, Mascot, available for sale. We are delighted to present this secure 27 sqm double carspace, strategically located near Sydney Airport. Operated by Park & Fly, under a profit share agreement, which adds to its appeal as a reliable and secure investment opportunity.
Park & Fly is a trusted provider of dependable and secure parking services for travelers to and from Sydney Airport. Their commitment to customer satisfaction includes complimentary shuttle services. By acquiring this property, you can take advantage of a stable income stream facilitated by the existing lease agreement.
Pre-covid income income approx. $11,000* for 12 months
Income, last 3 years for a double car space:
2021 was zero for 12 months due to covid
2022 was approx. $1,800 for 12 months
2023 was $2,896 for 12 months
Even though this is below the pre-covid levels the gradual trajectory is upwards and I'm sure will continue going up.
Outgoings :
Council Rates: $196/Q ($784 PA)
Strata Fees: $140/Q ($560 PA)
Net return for 2023 was $1,552
To obtain further information or schedule an inspection, please contact Gavin Sanna at 0412 324 224.
Disclaimer: We have in preparing this document, used our best endeavours to ensure that all the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements contained in this document.
Property History for 29/1008 Botany Rd, Mascot, NSW 2020
- 03 Oct 2024Sold for $22,500
- 23 Aug 2024Listed for Sale $30,000
- 29 Apr 2016Sold
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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 11,664 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.
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