55 Kent RoadMascot NSW 2020
Property Details for 55 Kent Rd, Mascot
Last Listing description (February 2018)
FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING ON WEDNESDAY 17TH AUGUST 2016 AT 4PM. THIS INVESTMENT REPRESENTS AN OPPORTUNITY TO ACQUIRE AN EXCEPTIONALLY WELL LOCATED INDUSTRIAL ESTATE SURROUNDED BY CAFES AND RESTAURANT S JUST 400 METRES TO MASCOT TRAIN STATION, THE SITE IS WITHIN CLOSE PROXIMITY TO SYDNEY AIRPORT, WESTFIELD EASTGARDENS, SYDNEY CBD, THE M5 MOTORWAY AND EASTERN DISTRIBUTOR. THE SITE ENJOYS STREET FRONTAGE ON THREE SIDES WITH TWO DRIVEWAY ACCESS POINTS FROM KENT ROAD. WITH THE LIKES OF MERITON S MASCOT TOWN CENTRE SHOPPING CENTRE AND DEVELOPMENTS BY BRIDGEHILL AND TOPLACE ONLY A SHORT WALK AWAY, 55 KENT ROAD IS TRULY A UNIQUE OPPORTUNITY. THE PROPERTY PRESENTS EXTREMELY WELL IN ITS CURRENT STATE AND HAS ALWAYS BEEN POPULAR WITH TENANTS. THIS COUPLED WITH POSSIBLE REDEVELOPMENT POTENTIAL (STCA) TICKS ALL THE BOXES. KEY INVESTMENT HIGHLIGHTS INCLUDE: ACROSS THE ROAD FROM HIGH DENSITY RESIDENTIAL ZONED LAND AT 3:1 AND 3.2:1 CURRENT HEIGHT LIMIT OF 44 METRES AND FSR OF 1.2:1 WITHIN THE EVOLVING MASCOT PRECINCT VERY STRONG LEASE COVENANTS INCLUDING QANTAS AND INTERNATIONAL ART SERVICES 100% LEASED INVESTMENT WALE OF 2.4 YEARS APPROXIMATE PASSING NET RENTAL OF $1,680,113.22 SITE AREA 11,937M IMMEDIATE ACCESS TO PUBLIC TRANSPORT EXCELLENT ACCESS TO THE NEW WESTCONNEX AND M1 MOTORWAY CORNER LOCATION TO KENT ROAD AND CHALMERS CRESCENT SOLID FLEXIBILITY FOR FUTURE ENHANCEMENT TO A HIGHER AND BETTER USE FOR MORE INFORMATION OR TO ARRANGE AN INSPECTION CONTACT THE EXCLUSIVE AGENTS: MICHAEL CROMBIE 0412 903 063 OR JOSHUA CHARLES 0412 600 005
Property History for 55 Kent Rd, Mascot, NSW 2020
- 21 Dec 2021Sold for $31,190,027
- 13 Feb 2018Listed for Sale Not Disclosed
- 08 Nov 2016Sold for $30,000,000
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About Mascot 2020
The size of Mascot is approximately 12.1 square kilometres. It has 29 parks covering nearly 1.7% of total area. The population of Mascot in 2016 was 14772 people. By 2021 the population was 21591 showing a population growth of 46.2% in the area during that time. The predominant age group in Mascot is 20-29 years. Households in Mascot are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Mascot work in a professional occupation.In 2021, 40.60% of the homes in Mascot were owner-occupied compared with 49.50% in 2016.
Mascot has 11,693 properties. Over the last 5 years, Houses in Mascot have seen a 28.66% increase in median value, while Units have seen a 12.01% increase. As at 31 March 2026:
- The median value for Houses in Mascot is $2,002,083 while the median value for Units is $903,539.
- Houses have a median rent of $1,090 while Units have a median rent of $1,000.
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