32 Banksia RoadCaringbah NSW 2229
Property Details for 32 Banksia Rd, Caringbah
Last Listing description (October 2019)
Ray White Commercial NSW - Sydney City Fringe are delighted to offer 32 Banksia Rd Caringbah "Highfield" for sale by International Expressions of Interest.
Located on the Northern side of the Kingsway, with street frontage to Mackay Street, Banksia Road and Hay Lane. 150 meters to Caringbah shopping centre, train station and short drive to the famous Cronulla Beach, approximately 27kms south of Sydney's CBD.
Key highlights include:-
Secure 15 year lease to the Feros Hotel Group plus options with ratchet clause in favour of the lessor
Feros Hotel Group in 2017 carried out approximately $12 million in major capital works and fit-out
Trophy 3 storey building with multiple income streams associated with Feros Hotel Group
Includes - Ugly Pizza, Huxley's, Public House and The Botanical. Sports TAB and gaming
Net passing income $600,886* plus GST with all outgoings paid by the The Feros Group
North facing, impressive rooftop dinning terrace with views to Georges River, Botany Bay and Sydneys iconic CBD skyline
Site area 1,024 m2* with gross building area of 3,072 m2*
Zoned: B3 Commercial Core, FSR: 2.5:1 and Height of Building: 30 metres
Premises include gaming room with 20 poker machines all within a smoking solution.
Future upside and development potential to add hotel room accommodation and additional roof top bar (STCA)
32 Banksia Road, Caringbah is offered for sale via international expressions of interest, strictly closing Thursday 22nd August at 4pm.
For more information or to arrange an inspection please contact the below exclusive selling agents.
Justin Rose
Partner
Ray White Commercial NSW - Sydney City Fringe
0410 008 887
02 9660 1717
justin.rose@raywhite.com
Kristian Morris
Principal & Licensee In Charge
Ray White Commercial NSW - Sydney City Fringe
0411 415 297
02 9660 1717
kristian.morris@raywhite.com
Property History for 32 Banksia Rd, Caringbah, NSW 2229
- 27 Aug 2019Sold for $15,000,000
- 17 Jul 2019Listed for Sale Not Disclosed
Recent sales nearby
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0About Caringbah 2229
The size of Caringbah is approximately 5.0 square kilometres. There are 18 parks, covering nearly 4.0% of the total area. The population of Caringbah in 2016 was 11658 people. By 2021 the population was 12575 showing a population growth of 7.9% in the area during that time. The predominant age group in Caringbah is 30-39 years. Households in Caringbah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caringbah work in a professional occupation.In 2021, 60.00% of the homes in Caringbah were owner-occupied compared with 59.90% in 2016.
Caringbah has 8,793 properties. Over the last 5 years, Houses in Caringbah have seen a 20.24% increase in median value, while Units have seen a 22.59% increase. As at 30 June 2026:
- The median value for Houses in Caringbah is $2,009,470 while the median value for Units is $947,230.
- Houses have a median rent of $998 while Units have a median rent of $700.
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