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Sold on 16 Jul 2024 - Price Unavailable

15/778-786 Old Illawarra Road
Menai NSW 2234

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 300m2
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Property Details for 15/778-786 Old Illawarra Rd, Menai

Building Type
Commercial
Floor Size
300m2

Last Listing description (July 2024)

This lower ground floor factory is offered for the first time with vacant possession, with undercover parking and office space.

- Existing street-facing signage and two directory signs are transferrable
- Main factory dimensions are 20.1 m wide, 12.0 m deep and 3.9 m ceiling height

- Roller door clearance 2.66 m height x 2.95 m wide. Potential to upsize to 4 m x 4 m subject to strata approval
- Two toilets with basins and shower, kitchenette, and hot water
- Office dimensions are 9.3 m wide x 4.8 m deep and storeroom 2.9 m x 4.8 m
- 1.1 km to Home Co. Menai Marketplace, 350 m to Menai Central Shopping Centre
- 9.6 km to M5 onramp at Padstow
- Westerly aspect, situated in a small complex of 15
- Strata $1,718.70 p/q
- Strata Report Available

For more information, contact Stewart Maloney on 0419 995 713 or Joel Khoury at 0473 154 448.
#teammaloney

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Property History for 15/778-786 Old Illawarra Rd, Menai, NSW 2234

A timeline of how this property has performed in the market
Last Sold
16 Jul 2024
  • 02 Aug 2024
    Sold for $1,325,000
  • 24 Apr 2024
    Listed for Sale SOLD BY STEWART & JOEL
  • 10 Sep 2010
    Sold for $480,000

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About Menai 2234

The size of Menai is approximately 13.6 square kilometres. It has 24 parks covering nearly 17.8% of total area. The population of Menai in 2011 was 10,529 people. By 2016 the population was 10,275 showing a population decline of 2.4% in the area during that time. The predominant age group in Menai is 50-59 years. Households in Menai are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Menai work in a professional occupation. In 2011, 80.6% of the homes in Menai were owner-occupied compared with 80.7% in 2016.

Menai has 3,982 properties. Over the last 5 years, Houses in Menai have seen a 48.94% increase in median value, while Units have seen a 37.23% increase. As at 30 November 2024:

  • The median value for Houses in Menai is $1,533,294 while the median value for Units is $1,035,703.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 7 properties listed for sale, and 7 properties listed for rent in Menai on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Menai.

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Stewart Maloney
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Joel Khoury
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CENTURY 21 Realty One
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