Ideally located off Davies Road within 300 metres of the M5 Motorway and 500 metres to Canterbury Road. Niemeyer Commercial Industrial Property is pleased to offer 11 Arab Road Padstow For Sale via Public Auction at 10am on Friday the 11th November 2016 in our rooms at Suite 3,69 The Mall Bankstown.
This outstanding freehold investment consists of 2 freestanding factories with a total building area 578m2 on a total land area of 1,012m2. Both factories are well constructed with good clearspan warehouses, excellent truck access and well appointed first floor offices. The site is security fenced with each unit having its own allocated parking.
Unit 1 is currently leased until February 2017 while unit 2 is currently leased until October 2017 for a combined rental of $68,000 per annum gross plus GST.
The size of Padstow is approximately 5.5 square kilometres. It has 20 parks covering nearly 10.9% of total area. The population of Padstow in 2016 was 13306 people. By 2021 the population was 14017 showing a population growth of 5.3% in the area during that time. The predominant age group in Padstow is 30-39 years. Households in Padstow are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Padstow work in a professional occupation.In 2021, 64.80% of the homes in Padstow were owner-occupied compared with 67.20% in 2016.
Padstow has 6,427 properties. Over the last 5 years, Houses in Padstow have seen a 56.49% increase in median value, while Units have seen a 38.44% increase. As at 31 March 2026:
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