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Sold on 25 Jun 2024 - Price Unavailable

29 Silva Avenue
Queanbeyan East NSW 2620

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1190m2
Land area: 2017m2
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Property Details for 29 Silva Ave, Queanbeyan East

Building Type
Commercial
Floor Size
1190m2
Land Size
2017m2

Last Listing description (June 2024)

29 Silva Avenue has emerged to market after being home to Queanbeyan Joinery after servicing the community for over 32 years.
This property was purpose built and engineered to a high-degree level, the main warehouse expanding 866/sqm and double-brick standing. The property will be sold as Vacant Possession.

Located amongst the East Queanbeyan industrial estate with excellent access to Yass Road which leads directly from Queanbeyan into Canberra.

Key Property Features:

• Rectangular shaped block approx. 2,017/sqm
• Single carriage-way for heavy vehicle access
• High-clearance main warehouse approx. 866/sqm
• Break-room, kitchenette, 2x toilets & shower
• Covered loading area
• High-clearance roller doors to main warehouse
• Attached office/showroom approx. 124/sqm
• Second, free-standing 200/sqm timber-frame/metal shed at the front of the site
• 3 Phase Power in both warehouses

The Queanbeyan market is strengthening, especially within the industrial sector as opportunity to purchase tightens. With existing infrastructure and generous amounts of power readily available, this is a property expected to be in high demand and remiss from the market quickly.

Rates = Approximately $6,164 pa

Property History for 29 Silva Ave, Queanbeyan East, NSW 2620

A timeline of how this property has performed in the market
Last Sold
25 Jun 2024
  • 11 Jun 2024
    Sold for $2,392,500
  • 11 Apr 2023
    Listed for Sale $2,500,000 excl. GST
  • 29 Feb 2000
    Sold for $290,000

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About Queanbeyan East 2620

The size of Queanbeyan East is approximately 4.3 square kilometres. It has 12 parks covering nearly 14.5% of total area. The population of Queanbeyan East in 2011 was 3,765 people. By 2016 the population was 3,929 showing a population growth of 4.4% in the area during that time. The predominant age group in Queanbeyan East is 30-39 years. Households in Queanbeyan East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Queanbeyan East work in a professional occupation. In 2011, 49% of the homes in Queanbeyan East were owner-occupied compared with 45.4% in 2016.

Queanbeyan East has 3,112 properties. Over the last 5 years, Houses in Queanbeyan East have seen a 43.69% increase in median value, while Units have seen a 54.27% increase. As at 31 October 2024:

  • The median value for Houses in Queanbeyan East is $838,653 while the median value for Units is $416,555.
  • Houses have a median rent of $520 while Units have a median rent of $430.
There are currently 14 properties listed for sale, and 13 properties listed for rent in Queanbeyan east on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Queanbeyan east.

Suburb Insights for Queanbeyan East 2620

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Frank Giorgi
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Piette Roberts
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RWC Canberra
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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.