1 George Street, Blacktown, NSW 2148 | Property Value & History | OnTheHouse
OFF MARKET

1 George Street
Blacktown NSW 2148

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 641m2
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Property Details for 1 George St, Blacktown

Building Type
Commercial
Land Size
641m2
Local Government
Blacktown
Lot/Plan
11/DP1094960

Last Listing description (October 2015)

Up for sale for the first time in 25 years is the iconic Asian food market located in the largest city by population in NSW. Boasting four businesses in one, three street frontages and its own separate carpark, there is an unsurpassed opportunity for a generous income.
Features include:
- Potential development site (STCA)

- 1 George St, FSR 8.5:1 Height limit 72M
- 16 First Ave, FSR 6.5:1 Height limit 56M
- Potential rental income of $390,000 P/A
- DA approved restaurant with over $1,000,000 invested in it
- Four businesses in one including a supermarket, seafood, butcher, fruit and vegetables plus a restaurant
- Only 200m from Blacktown Railway Station
- Three street frontages including huge car park
- The supermarket sells a wide variety of Asian groceries, seafood and vegetables
This is rare chance to own huge land with development potential and a proven long term business at an affordable price. This opportunity will not last it MUST BE SOLD so don t miss out!
Contact Con Economos and Jackie Li for further details.

Property History for 1 George St, Blacktown, NSW 2148

A timeline of how this property has performed in the market
Last Sold
$5,060,000
21 Aug 2015
  • 21 Aug 2015
    Sold for $5,060,000
  • 16 Apr 2015
    Listed for Sale $4,499,000
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About Blacktown 2148

The size of Blacktown is approximately 15.9 square kilometres. It has 72 parks covering nearly 6.8% of total area. The population of Blacktown in 2016 was 47176 people. By 2021 the population was 50961 showing a population growth of 8.0% in the area during that time. The predominant age group in Blacktown is 30-39 years. Households in Blacktown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blacktown work in a professional occupation.In 2021, 53.50% of the homes in Blacktown were owner-occupied compared with 56.10% in 2016.

Blacktown has 23,060 properties. Over the last 5 years, Houses in Blacktown have seen a 48.92% increase in median value, while Units have seen a 19.38% increase. As at 30 April 2026:

  • The median value for Houses in Blacktown is $1,168,194 while the median value for Units is $583,919.
  • Houses have a median rent of $650 while Units have a median rent of $570.
There are currently 165 properties listed for sale, and 116 properties listed for rent in Blacktown on OnTheHouse. According to Cotality's data, 919 properties were sold in the past 12 months in Blacktown.

Suburb Insights for Blacktown 2148

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.