SOLD
Sold on 01 Aug 2023 for $17,000,000

24 Rowood Road
Prospect NSW 2148

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 10960m2
Sold By
Angus Urquhart
Colliers International Sydney South
Matthew Flynn
Colliers International Sydney South
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Property Details for 24 Rowood Rd, Prospect

Building Type
Commercial
Land Size
10960m2
Local Government
Blacktown
Lot/Plan
100/DP617338

Last Listing description (August 2023)

Colliers on behalf of our private client are pleased to bring to market 24 Rowood Road, Prospect for sale via Expression of Interest.

The property is located in North-West Sydney, within the local government area of Blacktown, positioned approximately 32km west of the Sydney CBD and 4.5km from Blacktown City Centre and Railway Station.

24 Rowood Road, Prospect presents the following features:

- Land size of 10,960m* with only 25% site coverage ideal for any future value add
- Strong holding income of $712,845.36 Gross + GST
- Functional 2,875.2m* building with the ability for immediate redevelopment or building expansion
- Prominent street frontage to Rowood Road & Stoddart Road
- Regular shaped block ideal for any future development
- E3 Productivity Zoning with unlimited FSR and height controls
- Situated moments away from the $280M Prospect Highway update
*Approx.

24 Rowood Road, Prospect is being offered for sale via an Expressions of Interest campaign closing 3pm (AEST) Wednesday, 23rd August 2023.

For more information, please contact one of the exclusive selling agents.

Trent Gallagher
0432 242 063

Matthew Flynn
0409 323 690

Angus Urquhart
0432 192 849

Property History for 24 Rowood Rd, Prospect, NSW 2148

A timeline of how this property has performed in the market
Last Sold
$17,000,000
01 Aug 2023
  • 01 Aug 2023
    Sold for $17,000,000
  • 20 Jul 2023
    Listed for Sale Please contact agent
  • 23 Nov 2022
    Sold for $12,500,000
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About Prospect 2148

The size of Prospect is approximately 13.9 square kilometres. It has 18 parks covering nearly 116% of total area. The population of Prospect in 2011 was 4,620 people. By 2016 the population was 4,702 showing a population growth of 1.8% in the area during that time. The predominant age group in Prospect is 30-39 years. Households in Prospect are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Prospect work in a clerical occupation. In 2011, 80.2% of the homes in Prospect were owner-occupied compared with 80.9% in 2016.

Prospect has 2,268 properties.

    There are currently 16 properties listed for sale, and 3 properties listed for rent in Prospect on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Prospect.

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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.