SOLD
Sold on 15 Mar 2024 for $890,000

4/3-7 Frankland Street
Mittagong NSW 2575

Bedrooms: -
Bathrooms: -
Car spaces: 6
Land area: 454m2
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Property Details for 4/3-7 Frankland St, Mittagong

Building Type
Commercial
Land Size
454m2
Local Government
Wingecarribee
Lot/Plan
4/SP105920

Last Listing description (November 2023)

Hindmarsh & Walsh Property are proud to introduce Mittagong's newest premium industrial estate offering affordable and highly functional state of the art light industrial units.

The architecturally designed unit with premium finishes features 193sqm of versatile warehouse space and 193sqm of additional mezzanine level and includes high clearance, personal access door, solar panels, NBN ready, 3 phase power provision, water, internal toilet facilities and 6 dedicated parking spaces.

The exciting new business estate is strategically positioned with 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 storage space or business operations within a flexible E4 General Industrial Zoning and high-profile location.

Property History for 4/3-7 Frankland St, Mittagong, NSW 2575

A timeline of how this property has performed in the market
Last Sold
$890,000
15 Mar 2024
Listed for Rent
$60k/w
26 Jul 2023
  • 15 Mar 2024
    Sold for $890,000
  • 26 Jul 2023
    Listed for Rent $59,800 / year

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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 3,676 properties. Over the last 5 years, Houses in Mittagong have seen a 66.01% increase in median value, while Units have seen a 1.63% increase. As at 31 July 2024:

  • The median value for Houses in Mittagong is $1,033,390 while the median value for Units is $609,857.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 31 properties listed for sale, and 8 properties listed for rent in Mittagong on OnTheHouse. According to CoreLogic's data, 167 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.