37 Baxter RoadMascot NSW 2020
Property Details for 37 Baxter Rd, Mascot
Last Listing description (September 2024)
X Commercial is excited to bring to market 37 Baxter Road, Mascot. The property is offered for sale via Expressions Of Interest closing 13th June 2024 @ 4pm.
This significant opportunity presents for a purchaser to benefit from South Sydney's diminishing land supply and obtain an asset with strong fundamentals & current or future upside capitalizing from the planning, surrounding developments and location.
The property offers two buildings spanning across five separate lots, high clearance and clear span warehousing, office amenity, up to 20 parking spaces and yard area ideal for loading /unloading.
37 Baxter Road benefits from:
- Total site area of 1,701m2
- Building area of 1,211m2 + mezzanine areas
- Two separate Buildings over 5 lots
- 780m2 High clearance warehouse up to 9m with 2 roller door access
- 431m2 Office total office areas (2 separate buildings)
- Dual warehouse Crane system
- Up to 400 AMP power supply
- Parking for up to 20 cars
- Hardstand area for container loading/unloading
- Zoned: E3: Productivity support
- Planning: 1.5:1 FSR - 14m Height
- Offered with short-term holding income till June 30th , ideal for occupiers, investors or developers
- Large functional site with a 50m street frontage
- Prime location suitable for a commercial or hotel development
- Less than 400m to Sydney Airport
- Easy Access to Sydney Airport, Port Botany, 12km from Sydney CBD & Main Roads such as O'Riordan Street, Airport Drive, Foreshore drive, M1 & M5.
Property will be offered for sale via Expressions of interest, closing 13th June 2024 @ 4pm with the vendor requesting all serious offers to be presented.
For more information, obtain an IM or to arrange an inspection please contact one of the exclusive X Commercial sales agents below.
Property History for 37 Baxter Rd, Mascot, NSW 2020
- 23 Jul 2024Sold for $7,650,000
- 16 May 2024Listed for Sale Expressions Of Interest Closing 13th June 2024
- 20 Jun 2008Sold for $1,200,000
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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 11,661 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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