SOLD
RECENT ADVICE
Sold on 06 Sep 2024 for $1,050,000

33 Bedford Street
Queanbeyan West NSW 2620

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 740m2
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Property Details for 33 Bedford St, Queanbeyan West

Building Type
Commercial
Land Size
740m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
203/DP8456

Last Listing description (December 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

A timeline of how this property has performed in the market
Last Sold
$1,050,000
06 Sep 2024
  • 09 Sep 2024
    Sold for $1,050,000
  • 12 Aug 2024
    Listed for Sale $1,050,000 No GST Applicable
  • 13 Dec 2022
    Sold
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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 1,732 properties. Over the last 5 years, Houses in Queanbeyan West have seen a 55.13% increase in median value, while Units have seen a 33.56% increase. As at 30 November 2024:

  • The median value for Houses in Queanbeyan West is $842,631 while the median value for Units is $523,228.
  • Houses have a median rent of $680 while Units have a median rent of $458.
There are currently 2 properties listed for sale, and 8 properties listed for rent in Queanbeyan west on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Queanbeyan west.

Suburb Insights for Queanbeyan West 2620

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LJ Hooker Queanbeyan
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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.