This expansive 545.1 sqm property with a 15.24-metre frontage is filled with potential. Featuring industrial/mixed-use zoning, it currently houses a versatile three-bedroom residence and a workshop adjoined to an office area, making it an excellent source of dual income opportunities. Situated in one of Padstow's prime industrial locations and only 30 metres from the corner of Fairford Road and Bryant Street, it is surrounded by established businesses/companies including Bunnings, mechanical workshops, international shipping companies and more.
Leased for approximately $35,000 per annum and room for future capital growth, this property represents a valuable opportunity for investors looking to capitalise on the growing demand for industrial and commercial spaces in this prime location.
- Prime commercial development opportunity on 545.1sqm
- Industrial/mixed-use zoning with residence and workshop
- Three-bedroom residence with parking for two cars
- Workshop boasts joint office area, with ample space
- Rental return of $35,000p/a and room for future growth
- 30 metres away from the M5 and busy Fairford Road
- 4-minute drive to Padstow amenities including station
Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries.
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 6,245 properties. Over the last 5 years, Houses in Padstow have seen a 67.89% increase in median value, while Units have seen a 31.27% increase. As at 31 October 2024:
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