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Sold on 28 Oct 2024 - Price Unavailable

18 Barry Avenue
Mortdale NSW 2223

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 670m2
Land area: 1157m2
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Property Details for 18 Barry Ave, Mortdale

Building Type
Commercial
Floor Size
670m2
Land Size
1157m2
Local Government
Georges River
Lot/Plan
1/DP15552

Last Listing description (October 2024)

Ray White Hurstville are pleased to offer exclusively to the market for sale, this rare opportunity to purchase three (3) industrial warehouses on 1 title located in the tightly held industrial precinct of Mortdale/Peakhurst in Southern Sydney.

Key features include:

- Three (3) separate industrial warehouses on 1 title

- Site area 1,157 Sqm (approx.)
- Total building area: 670 Sqm (approx.) + Garage
- Total gross annual rental of $124,880 (Approx.)
- Unit 1: Spacious airconditioned partitioned offices with adjoining warehouse with roller shutter, with frontage to Barry Avenue
- Unit 2: Modern warehouse with roller shutter and storage room (Vacating mid September 2024)
- Unit 3: rear warehouse with roller shutter
- Each warehouse with amenities and kitchens or kitchenette
- Flexible 'E4 General Industrial' zoning
- Floor space ratio FSR (1:1)
- Hight limit - Twelve (12) metres
- Great opportunity for owner occupier/investor/developer
- Potential to increase rental return
- Value Add opportunity
- Conveniently located in close proximity to main arterial roads - Forest Road, King Georges Road, M5 Motorway and new M8 Motorway (Westconnex)
- Unique opportunity not to be missed

Property History for 18 Barry Ave, Mortdale, NSW 2223

A timeline of how this property has performed in the market
Last Sold
28 Oct 2024
Listed for Rent
$767/w
19 Sep 2024
  • 28 Oct 2024
    Sold
  • 19 Sep 2024
    Listed for Rent - Price not available
  • 12 Sep 2024
    Listed for Sale Contact Agent
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About Mortdale 2223

The size of Mortdale is approximately 2.9 square kilometres. It has 17 parks covering nearly 22.5% of total area. The population of Mortdale in 2011 was 9,701 people. By 2016 the population was 10,425 showing a population growth of 7.5% in the area during that time. The predominant age group in Mortdale is 30-39 years. Households in Mortdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mortdale work in a professional occupation. In 2011, 64.9% of the homes in Mortdale were owner-occupied compared with 62.4% in 2016.

Mortdale has 5,444 properties. Over the last 5 years, Houses in Mortdale have seen a 53.75% increase in median value, while Units have seen a 17.89% increase. As at 31 October 2024:

  • The median value for Houses in Mortdale is $1,739,830 while the median value for Units is $712,129.
  • Houses have a median rent of $750 while Units have a median rent of $580.
There are currently 16 properties listed for sale, and 20 properties listed for rent in Mortdale on OnTheHouse. According to CoreLogic's data, 195 properties were sold in the past 12 months in Mortdale.

Suburb Insights for Mortdale 2223

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Contact agent
Christopher Munk
Show contact details
Ray White Hurstville
Preferred contact:
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.