SOLD
Sold on 03 Jun 2024 for $797,500

11/3-7 Frankland Street
Mittagong NSW 2575

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 391m2
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Property Details for 11/3-7 Frankland St, Mittagong

Building Type
Commercial
Land Size
391m2
Local Government
Wingecarribee
Lot/Plan
11/SP105920

Last Listing description (November 2023)

Versatile warehousing solution set in Mittagong's newest premium industrial estate offering an affordable and highly functional state of the art light industrial unit.

Featuring 154m2 ground floor space and 154m2 additional mezzanine area plus 4 car spaces.

The architecturally designed unit with premium finishes include integrated mezzanine workspaces/storage levels, high clearance, personal access door, solar panels, NBN ready, 3 phase power provision, water, internal toilet facilities, dedicated parking spaces.

Strategically positioned within Mittagong's thriving business sector benefitting from outstanding surrounding amenities and leading national retail brands.

The premium location ensures quick and easy access to the Hume Highway in just 2 minutes.

The highly versatile and modern complex presents an opportunity to secure your business operations or investment within a flexible E4 General Industrial Zoning and the high-profile location.

Property History for 11/3-7 Frankland St, Mittagong, NSW 2575

A timeline of how this property has performed in the market
Last Sold
$797,500
03 Jun 2024
  • 03 Jun 2024
    Sold for $797,500
  • 31 Oct 2023
    Listed for Sale $725,000 + GST

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About Mittagong 2575

The size of Mittagong is approximately 60.5 square kilometres. It has 12 parks covering nearly 20.4% of total area. The population of Mittagong in 2011 was 5,720 people. By 2016 the population was 5,756 showing a population growth of 0.6% in the area during that time. The predominant age group in Mittagong is 10-19 years. Households in Mittagong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mittagong work in a professional occupation. In 2011, 69.8% of the homes in Mittagong were owner-occupied compared with 69.3% in 2016.

Mittagong has 3,660 properties. Over the last 5 years, Houses in Mittagong have seen a 62.33% increase in median value, while Units have seen a 9.48% increase. As at 31 October 2024:

  • The median value for Houses in Mittagong is $1,038,543 while the median value for Units is $680,161.
  • Houses have a median rent of $620 while Units have a median rent of $450.
There are currently 40 properties listed for sale, and 7 properties listed for rent in Mittagong on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Mittagong.

Suburb Insights for Mittagong 2575

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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.