SOLD
Sold on 08 Apr 2024 for $3,050,000

5 Arab Road
Padstow NSW 2211

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1013m2
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Property Details for 5 Arab Rd, Padstow

Building Type
Commercial
Year Built
1999
Land Size
1013m2
Local Government
Canterbury-Bankstown
Lot/Plan
110/B/DP1644

Last Listing description (June 2024)

LJ Hooker Commercial is pleased to offer 5 Arab Road Padstow for sale

Situated just off Fairford Road and within close proximity to the M5 Motorway, Henry Lawson Drive, Alfords Point Road and Padstow Train Station.

Property Features:
- Land area 1,023sqm*
- Building area 660sqm*
- (3) phase power supply
- Flexibility to occupy and invest
- Leased for $120,000pa Gross + GST
- Highly sought after industrial location
- Leased until 15th August 2024 - no option
- Factory A - 280sqm* & Factory B - 380sqm*
- Proposed market rental $180,000pa Net + GST
- Clear span factory area with good internal clearance
- Minutes from major roads network - M5 motorway, Milperra Road, and Fairford Road

To arrange an inspection or receive a copy of the information memorandum, contact selling agent Ryan Jennings on 0432 030 014

Property History for 5 Arab Rd, Padstow, NSW 2211

A timeline of how this property has performed in the market
Last Sold
$3,050,000
08 Apr 2024
  • 08 Apr 2024
    Sold for $3,050,000
  • 14 Feb 2024
    Listed for Sale Sold
  • 29 Jul 2000
    Sold for $903,100
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About Padstow 2211

The size of Padstow is approximately 5.5 square kilometres. It has 20 parks covering nearly 10.9% of total area. The population of Padstow in 2011 was 12,716 people. By 2016 the population was 13,287 showing a population growth of 4.5% in the area during that time. The predominant age group in Padstow is 50-59 years. Households in Padstow are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Padstow work in a professional occupation. In 2011, 70% of the homes in Padstow were owner-occupied compared with 67.2% in 2016.

Padstow has 6,256 properties. Over the last 5 years, Houses in Padstow have seen a 71.65% increase in median value, while Units have seen a 39.66% increase. As at 31 July 2024:

  • The median value for Houses in Padstow is $1,443,119 while the median value for Units is $912,540.
  • Houses have a median rent of $750 while Units have a median rent of $580.
There are currently 20 properties listed for sale, and 15 properties listed for rent in Padstow on OnTheHouse. According to CoreLogic's data, 258 properties were sold in the past 12 months in Padstow.

Suburb Insights for Padstow 2211

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Contact agent
Ryan Jennings
Show contact details
LJ Hooker Commercial Bankstown
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.