SOLD
Sold on 14 Sep 2023 for $8,000,000

5/38 Raymond Avenue
Matraville NSW 2036

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 199m2
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Property Details for 5/38 Raymond Ave, Matraville

Building Type
Land
Land Size
199m2
Local Government
Randwick
Lot/Plan
5/SP96097

Last Listing description (October 2023)

Colliers are thrilled to bring to the market Units 4 & 5 at 36-38 Raymond Avenue, Matraville for sale via Private Treaty.

This is an opportunity to secure one or two adjoining, high-end industrial units recently built, situated within one of Matraville's most highly regarded and boutique industrial estates.


These high-quality units have had no expense spared architecturally designed finishes combined with a highly functional layout this a rare opportunity within a South Sydney market starved of available stock.

Both units comprise of high clearance / clear-span warehouse portions (7.5m clearance) and well-appointed air-conditioned office space with high-end kitchen, bathroom and shower facilities.

The two units are adjoining and are ready to occupy immediately after settlement purchase one or both units.

Unit 4:
Warehouse: 141m*
Office: 67m*
Total: 208m*

Unit 5:
Warehouse: 127m*
Office: 55m*
Total: 182m*

Units 4 & 5 (Combined):
Warehouse: 268m*
Office: 122m*
Total: 390m*

These units are located within South Sydney, one of the country's most tightly held industrial precincts, moments to Port Botany and Foreshore Road making this location second to none for industrial occupiers.

Key features:

- High clearance / clear span warehouse components
- 7.5m internal clearance within the warehouse
- Unit sizes are 182m2 and 208m2 (Total: 390m2)
- IN1 - General Industrial land zoning under SEPP (Transport and Infrastructure) 2021 Three Ports
- Secure and gated boutique estate of only six (6) units
- Strategic location moments to Port Botany
- Offered with vacant possession move in immediately!

*Figures and outlines are approximate


For more information and or to arrange an inspection, please enquire with the exclusive sales agents.

Nick Mallett
0410 807 877

Jeremy Green
0406 225 597

Trent Gallagher
0432 242 063

Property History for 5/38 Raymond Ave, Matraville, NSW 2036

A timeline of how this property has performed in the market
Last Sold
$8,000,000
14 Sep 2023
  • 14 Sep 2023
    Sold for $8,000,000
  • 21 Jun 2023
    Listed for Sale Please contact agent
  • 01 Apr 2021
    Sold for $8,300,000

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About Matraville 2036

The size of Matraville is approximately 3.6 square kilometres. It has 13 parks covering nearly 4.3% of total area. The population of Matraville in 2011 was 9,039 people. By 2016 the population was 9,795 showing a population growth of 8.4% in the area during that time. The predominant age group in Matraville is 40-49 years. Households in Matraville are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Matraville work in a professional occupation. In 2011, 64.8% of the homes in Matraville were owner-occupied compared with 62.5% in 2016.

Matraville has 4,617 properties. Over the last 5 years, Houses in Matraville have seen a 67.28% increase in median value, while Units have seen a 26.10% increase. As at 31 July 2024:

  • The median value for Houses in Matraville is $2,458,553 while the median value for Units is $1,006,112.
  • Houses have a median rent of $1,495 while Units have a median rent of $733.
There are currently 22 properties listed for sale, and 14 properties listed for rent in Matraville on OnTheHouse. According to CoreLogic's data, 194 properties were sold in the past 12 months in Matraville.

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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.