OFF MARKET

12/7 Lyn Parade
Prestons NSW 2170

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 172m2
Land area: 16190m2
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Property Details for 12/7 Lyn Pde, Prestons

12/7 Lyn Pde, Prestons is a 0 bedroom, 0 bathroom Unit. The property has a land size of 16190m2 and floor size of 172m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Floor Size
172m2
Land Size
16190m2
Local Government
Liverpool
Lot/Plan
12/SP33043

Last Listing description (December 2020)

Located in the highly sought after Prestons industrial arena is this 190m* Strata unit.

Originally renovated to the highest of standards to be a "man shed", unfortunately someone else had different ideas!

It's now tenanted by a successful supplement & fitness company paying $33,000 pa Gross (no GST)

Located on busy Lyn Parade and is only a short distance to the M5/M7 Interchange, major arterial roads and the Liverpool CBD.

Features include:

- Quality male & female amenities and kitchenette

- Secure entry to the building

- Polished concrete floor

- Open plan mezzanine office

- Air conditioned & insulated warehouse/office.

- Electric roller shutter

- 3 Phase power

- 5 allocated parking spaces

- Approved Fitness Centre

- Zoned IN2 (Light Industrial)

- No GST

Outgoings:
Strata: $881.30 per quarter
Council: $643.09 per annum
Water: $181.49 per quarter

Lease commencement 15/05/2020 - 2 year plus 1 year option

Contact Dirk for an inspection.

*Approximate sizes

Property Code: 13

Property History for 12/7 Lyn Pde, Prestons, NSW 2170

A timeline of how this property has performed in the market
Last Sold
$520,000
07 Dec 2020
Listed for Rent
18 May 2020
  • 07 Dec 2020
    Sold for $520,000
  • 28 Oct 2020
    Listed for Sale Asking $575,000 No GST
  • 17 Apr 2020
    Listed for Rent - Price not available
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About Prestons 2170

The size of Prestons is approximately 9.2 square kilometres. It has 26 parks covering nearly 5.5% of total area. The population of Prestons in 2011 was 14,419 people. By 2016 the population was 15,333 showing a population growth of 6.3% in the area during that time. The predominant age group in Prestons is 10-19 years. Households in Prestons are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Prestons work in a professional occupation. In 2011, 82.6% of the homes in Prestons were owner-occupied compared with 79.6% in 2016.

Prestons has 5,856 properties. Over the last 5 years, Houses in Prestons have seen a 54.33% increase in median value, while Units have seen a 38.09% increase. As at 31 August 2024:

  • The median value for Houses in Prestons is $1,109,810 while the median value for Units is $734,722.
  • Houses have a median rent of $750 while Units have a median rent of $580.
There are currently 12 properties listed for sale, and 14 properties listed for rent in Prestons on OnTheHouse. According to CoreLogic's data, 176 properties were sold in the past 12 months in Prestons.

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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.