OFF MARKET

5/63 Norman Street
Peakhurst NSW 2210

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 10788m2
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Property Details for 5/63 Norman St, Peakhurst

5/63 Norman St, Peakhurst is a 0 bedroom, 0 bathroom Unit. The property has a land size of 10788m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Land Size
10788m2
Local Government
Georges River
Lot/Plan
5/SP35381

Last Listing description (July 2022)

Attention occupiers and investors, CPG are pleased to present to the market for public auction this functional 213m* high clearance warehouse unit with bonus mezzanine storage, centrally located within the tightly held Peakhurst industrial district only a short distance to King Georges Road, the M5 & M8 Motorways and Sydney Airport.

63 Norman Street is one of Peakhurst's most highly sought after warehouse complexes, having ample allocated parking for each unit, large turning circles making truck and large vehicle access easy, allocated container loading zones, whilst also being an automotive and manufacturing friendly complex - Making the unit suitable for most warehouse/manufacturing/automotive users looking to occupy OR invest in a high quality industrial warehouse with a short term leaseback in place in a complex that has had a zero rate of vacancy in the past 12 months.

Other quality features include:

- 190m* warehouse floor space
- 23m* office space with room to extend if needed
- 70m* bonus mezzanine with high clearance and forklift access
- Drainage and waste collection installed in warehouse floor
- Automotive and manufacturing friendly complex
- Short term lease in place returning $57,200.00 pa Gross + GST
- Male and female amenities with showers in each
- High internal clearance of up to 7.5m*
- Motorised roller door
- Tilt slab construction
- Central Sydney location within the immediate vicinity of Forest Road, King Georges Road, the M5 and M8 Motorways (WestConnex). It is 13km to Sydney Airport*, 21km to Port Botany* and 23kms south of Sydney CBD*

For further information regarding this quality opportunity please contact the exclusive sales agents Ryan McMahon on 0429 228 460 or Damen Astey on 0431 817 616, or attend one of our open for inspections as below.

Open for Inspection:
1:00pm to 1:30pm Wednesdays

Auction:
Thursday 21st July 2022
On-site at 12:30pm

*Approximate

Property History for 5/63 Norman St, Peakhurst, NSW 2210

A timeline of how this property has performed in the market
Last Sold
$1,375,000
22 Jul 2022
  • 22 Jul 2022
    Sold for $1,375,000
  • 17 Jun 2022
    Listed for Sale Auction: Thursday 21st July 2022 On-Site @ 12:30pm

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About Peakhurst 2210

The size of Peakhurst is approximately 3.8 square kilometres. It has 14 parks covering nearly 10.3% of total area. The population of Peakhurst in 2011 was 9,909 people. By 2016 the population was 10,550 showing a population growth of 6.5% in the area during that time. The predominant age group in Peakhurst is 40-49 years. Households in Peakhurst are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Peakhurst work in a professional occupation. In 2011, 73.4% of the homes in Peakhurst were owner-occupied compared with 73.1% in 2016.

Peakhurst has 5,581 properties. Over the last 5 years, Houses in Peakhurst have seen a 62.74% increase in median value, while Units have seen a 17.21% increase. As at 31 July 2024:

  • The median value for Houses in Peakhurst is $1,474,544 while the median value for Units is $856,739.
  • Houses have a median rent of $800 while Units have a median rent of $650.
There are currently 12 properties listed for sale, and 8 properties listed for rent in Peakhurst on OnTheHouse. According to CoreLogic's data, 229 properties were sold in the past 12 months in Peakhurst.

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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.