SOLD
Sold on 24 Jan 2024 for $29,083,283

137-147 Mccredie Road
Smithfield NSW 2164

Bedrooms: -
Bathrooms: -
Car spaces: 150
Land area: 20240m2
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Property Details for 137-147 Mccredie Rd, Smithfield

Building Type
Commercial
Land Size
20240m2
Local Government
Cumberland
Lot/Plan
1/DP1181728

Last Listing description (November 2022)

Colliers is pleased to offer to the market, 137-147 McCredie Road, Smithfield for sale via Expressions of Interest closing Thursday, 29th September 2022 at 4:00pm (AEST).

This rare opportunity is to acquire a property with huge potential, in one of western Sydney's most sought after industrial precincts. This freestanding industrial warehouse/office facility is spread over three separate but adjoining buildings with access on two sides of the building.

Located within the Cumberland City Council Local Government area the property is approximately 30 km west of the Sydney CBD and 8.5 km south-west of Parramatta CBD. Smithfield is a tightly held industrial precinct central to all parts of Sydney metropolitan area.

Key features include:
10,210.2sqm warehouse / office area
20,240sqm total site area
Leaseback to 3M Australia Pty Ltd
Rental Income $1,200,000 pa net
Substantial value add opportunity in core western Sydney infill location

For more information or to arrange an inspection, please contact the exclusive selling agents.

*Approximate

Property History for 137-147 Mccredie Rd, Smithfield, NSW 2164

A timeline of how this property has performed in the market
Last Sold
$29,083,283
24 Jan 2024
  • 24 Jan 2024
    Sold for $29,083,283
  • 20 Oct 2022
    Sold for $30,250,000
  • 02 Sep 2022
    Listed for Sale Please contact agent
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About Smithfield 2164

The size of Smithfield is approximately 8.9 square kilometres. It has 25 parks covering nearly 11.5% of total area. The population of Smithfield in 2011 was 11,018 people. By 2016 the population was 11,974 showing a population growth of 8.7% in the area during that time. The predominant age group in Smithfield is 20-29 years. Households in Smithfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Smithfield work in a trades occupation. In 2011, 62.2% of the homes in Smithfield were owner-occupied compared with 57.4% in 2016.

Smithfield has 5,865 properties. Over the last 5 years, Houses in Smithfield have seen a 72.10% increase in median value, while Units have seen a 37.05% increase. As at 30 November 2024:

  • The median value for Houses in Smithfield is $1,175,441 while the median value for Units is $788,203.
  • Houses have a median rent of $650 while Units have a median rent of $545.
There are currently 18 properties listed for sale, and 25 properties listed for rent in Smithfield on OnTheHouse. According to CoreLogic's data, 210 properties were sold in the past 12 months in Smithfield.

Suburb Insights for Smithfield 2164

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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.