33 Bedford StreetQueanbeyan West NSW 2620
Property Details for 33 Bedford St, Queanbeyan West
Last Listing description (September 2024)
LJ Hooker Queanbeyan | Jerrabomberra | Googong is excited to present for sale 33 Bedford Street.
This well-positioned industrial warehouse offers a fantastic investment opportunity in the sought-after West Queanbeyan industrial area.
Located just 10 minutes from Fyshwick, and featuring well-equipped, versatile spaces with excellent amenities.
- Fully fenced 743m level site.
- Metal constructed warehouse with approx. 228m over 2 levels.
- Ground floor consists of spacious workshop and storage area, kitchen and bathroom facilities, separate office, reception and meeting room area as well as air conditioning.
- Second floor is comprised of 4 separate office spaces, large workstation area and 4 split system air conditioning units.
- Concrete drive way with full-length access to the rear yard.
- Ample parking space with the potential for warehouse expansion.
- 2 shipping containers included for additional workshop or storage space.
- 10.36 kW PV solar system with a 9.8 kWh battery.
Currently tenanted with long term occupants with a 3 year lease from 01/04/2022 with further 3 year option. Current annual rental income $53,280 including GST plus outgoings and including CPI annual adjustments.
This property is a smart investment choice, offering immediate rental income and the potential for future growth.
Contact us today to arrange an inspection or to learn more about this opportunity.
Property History for 33 Bedford St, Queanbeyan West, NSW 2620
- 09 Sep 2024Sold for $1,050,000
- 12 Aug 2024Listed for Sale $1,050,000 No GST Applicable
- 13 Dec 2022Sold
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About Queanbeyan West 2620
The size of Queanbeyan West is approximately 2.8 square kilometres. It has 13 parks covering nearly 28.2% of total area. The population of Queanbeyan West in 2011 was 3,156 people. By 2016 the population was 3,142 showing a population decline of 0.4% in the area during that time. The predominant age group in Queanbeyan West is 20-29 years. Households in Queanbeyan West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Queanbeyan West work in a clerical occupation. In 2011, 64.3% of the homes in Queanbeyan West were owner-occupied compared with 62.7% in 2016.
Queanbeyan West has 1,728 properties. Over the last 5 years, Houses in Queanbeyan West have seen a 56.48% increase in median value, while Units have seen a 23.14% increase. As at 31 October 2024:
- The median value for Houses in Queanbeyan West is $852,840 while the median value for Units is $455,149.
- Houses have a median rent of $665 while Units have a median rent of $483.
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