8 First AvenueBlacktown NSW 2148
Property Details for 8 First Ave, Blacktown
Last Listing description (March 2022)
Ray White Commercial is exceptionally excited to present 8 First Avenue, Blacktown for sale via Expressions of Interest.
First time to be offered to the market for sale, 8 First Avenue is positioned in the heart of Blacktown's growing CBD moments from the train station, Westpoint shopping centre and all amenities that Blacktown has to offer.
Commanding a substantial frontage of 68 metres* with rear lane access via Humphries Lane, the freehold opportunity offers secure income underpinned by the Commonwealth Government of Australia.
Key highlights of the opportunity include;
Current net income of $2,019,501*
Secure lease to Centrelink till August 2026 with a 3-year option
4,437sqm* net lettable area over 2 levels
Total land area of 2,814sqm*
Zoned B4 Mixed Use with 80 metres height limit
Efficient open floor plan with opportunity to subdivide in the future
Excellent location within walking distance to Blacktown Railway Station and Westpoint Shopping Centre
75 basement car parking spaces plus 9 skirting parking spaces
5.5 stars NABERS rating
The 100% freehold interest of 8 First Avenue is offered for sale via Expressions of Interest closing Wednesday 16 March 2022 at 3:00pm.
For more information, please contact the below exclusive selling agents.
*Approx. ^S.T.C.A
Property History for 8 First Ave, Blacktown, NSW 2148
- 25 Mar 2022Sold for $37,500,000
- 13 Feb 2022Listed for Sale Expressions of Interest
Recent sales nearby
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0About 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 22,992 properties. Over the last 5 years, Houses in Blacktown have seen a 53.89% increase in median value, while Units have seen a 21.38% increase. As at 31 March 2026:
- The median value for Houses in Blacktown is $1,180,480 while the median value for Units is $589,915.
- Houses have a median rent of $630 while Units have a median rent of $570.
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