SOLD
Sold on 13 Dec 2023 for $12,500,000

47 Fitzpatrick Street
Revesby NSW 2212

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3300m2
Land area: 4047m2
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Property Details for 47 Fitzpatrick St, Revesby

Building Type
Commercial
Floor Size
3300m2
Land Size
4047m2
Local Government
Canterbury-Bankstown
Lot/Plan
132/DP7866

Last Listing description (January 2024)

SOLD BY RYAN JENNINGS

LJ Hooker Commercial is pleased to offer 47 Fitzpatrick Street Revesby to the market for sale via Expression of Interest.

This is an excellent opportunity for an astute investor to purchase secure and significant industrial investment within south west Sydney.

Opportunities like this rarely become available!!

Key Investment Highlights:
- Site area: 4,407sqm*
- Building area: 3,351sqm*
- 36 allocated car spaces
- Secure national covenant
- Zoned IN1 general industrial
- Internal clearance of up to 8.4m*
- Proposed net rental: $670,000pa + GST
- Proposed leaseback: (7) year lease + (7) year option
- Secure hardstand yard with dual driveways
- Clear span factory area with excellent natural light
- Factory area is accessed via two container height roller doors
- Moments from Bankstown Airport, Henry Lawson Drv & M5 motorway (on/off ramp)
*approx

Expressions of Interest close on Wednesday 1st November 2023 at 3:30pm (AEDT)

To obtain a copy of the information memorandum or arrange an inspection, contact selling agent Ryan Jennings

Property History for 47 Fitzpatrick St, Revesby, NSW 2212

A timeline of how this property has performed in the market
Last Sold
$12,500,000
13 Dec 2023
Listed for Rent
$6.32k/w
09 Mar 2011
  • 13 Dec 2023
    Sold for $12,500,000
  • 26 Sep 2023
    Listed for Sale Under Contract
  • 01 Nov 2012
    Sold for $3,465,000
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About Revesby 2212

The size of Revesby is approximately 5.6 square kilometres. It has 20 parks covering nearly 4.7% of total area. The population of Revesby in 2011 was 12,934 people. By 2016 the population was 14,166 showing a population growth of 9.5% in the area during that time. The predominant age group in Revesby is 20-29 years. Households in Revesby are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Revesby work in a professional occupation. In 2011, 67.4% of the homes in Revesby were owner-occupied compared with 62.8% in 2016.

Revesby has 6,850 properties. Over the last 5 years, Houses in Revesby have seen a 63.55% increase in median value, while Units have seen a 38.68% increase. As at 31 August 2024:

  • The median value for Houses in Revesby is $1,447,478 while the median value for Units is $979,069.
  • Houses have a median rent of $830 while Units have a median rent of $590.
There are currently 21 properties listed for sale, and 20 properties listed for rent in Revesby on OnTheHouse. According to CoreLogic's data, 299 properties were sold in the past 12 months in Revesby.

Suburb Insights for Revesby 2212

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Contact agent
Ryan Jennings
Show contact details
LJ Hooker Commercial Bankstown
Preferred contact:
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.