SOLD
Sold on 04 Jun 2024 for $1,083,500

20/29 Coombes Drive
Penrith NSW 2750

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 226m2
Land area: 10160m2
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Property Details for 20/29 Coombes Dr, Penrith

Building Type
Commercial
Floor Size
226m2
Land Size
10160m2
Local Government
Penrith
Lot/Plan
20/SP71315

Last Listing description (March 2023)

PRD Commercial Western Sydney have been appointed as exclusive marketing agents to offer this industrial unit at 20/29 Coombes Drive, Penrith for sale.

Size

Warehouse 226m2

Mezzanine Office 31m2
Total Strata Area 257m2

(Additional mezzanine area) 120m2

Features include:

257sqm factory unit includes first floor office
226sqm ground floor factory
31sqm first floor office with air conditioning
Mezzanine has 350kg per m2 load rating
3 phase power available
3 onsite parking spaces
Wide driveway access with dual driveways
Modern & well-presented complex
Front foyer area
Kitchenette and amenities
Zoned IN1 General Industrial
New 2 year lease
Returns $40,000 pa Gross (ex GST)
Annual increases of the greater of CPI or 4%
Secure 3 months bond

For further information or to arrange an inspection please contact Lauren Fitzpatrick 0455 178 765.

Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.

Property History for 20/29 Coombes Dr, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$1,083,500
04 Jun 2024
Listed for Rent
$747/w
25 Jul 2022
  • 04 Jun 2024
    Sold for $1,083,500
  • 07 Nov 2022
    Listed for Sale $1,100,000 (ex GST)
  • 22 Jun 2022
    Listed for Rent $39,000 / year
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About Penrith 2750

The size of Penrith is approximately 12.5 square kilometres. It has 35 parks covering nearly 13.5% of total area. The population of Penrith in 2011 was 11,813 people. By 2016 the population was 13,264 showing a population growth of 12.3% in the area during that time. The predominant age group in Penrith is 20-29 years. Households in Penrith are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penrith work in a professional occupation. In 2011, 45.9% of the homes in Penrith were owner-occupied compared with 40.7% in 2016.

Penrith has 12,542 properties. Over the last 5 years, Houses in Penrith have seen a 57.54% increase in median value, while Units have seen a 31.43% increase. As at 31 October 2024:

  • The median value for Houses in Penrith is $976,372 while the median value for Units is $570,743.
  • Houses have a median rent of $550 while Units have a median rent of $550.
There are currently 100 properties listed for sale, and 101 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 626 properties were sold in the past 12 months in Penrith.

Suburb Insights for Penrith 2750

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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.