Gow StreetPadstow NSW 2211
Property Details for Gow St, Padstow
Last Listing description (January 2010)
PRIME INFILL INVESTMENT OPPORTUNITY - 12 YEAR TRIPLE NET LEASE TO A MAJOR MANUFACTURING COMPANY - CIRCA 10%
LARGE FREESTANDING INDUSTRIAL PROPERTY LEASED TO GERARD LIGHTING ON A 12 YEAR TRIPLE NET LEASE. THIS PROPERTY IS LOCATED WITHIN THE INNER SOUTH WEST MARKET WHICH IS PREDOMINATELY OWNER OCCUPIED, AND AS SUCH INVESTMENT OPPORTUNITIES LIKE THIS RARELY COME UP. WITHIN THIS REGION STRONG RENTAL GROWTH OPPORTUNITIES EXIST.
THE PROPERTY IS LOCATED WITHIN THE ESTABLISHED INDUSTRIAL SUBURB OF PADSTOW. THE PROPERTY BENEFITS FROM A LARGE FRONTAGE TO GOW STREET. THE M5 MOTORWAY IS LOCATED APPROX 1KM FROM THE SUBJECT PROPERTY.
WAREHOUSE. THE PROPERTY ALSO HAS A SECONDARY WAREHOUSE LOCATED ALONG THE WESTERN BOUNDARY WHICH ALSO INCLUDES A WORKSHOP AREA.
OTHER BENEFITS OF THE PROPERTY INCLUDE:
??? NET INCOME $2,129,522 PA.
??? SITE AREA 45,321M??.
??? MAIN LEASE TERM 12X6X6 YEARS.
??? OUTSTANDING TRANSPORT LOCATION.
??? PRIME INNER SOUTH WEST LOCATION WITH STRONG RENTAL/CAPITAL GROWTH OPPORTUNIITES IN THE FUTURE.
??? FULLY SECURED SITE LOCATED WITHIN MINUTES TO THE M5 MOTORWAY.
??? LONG TERM LEASE TO ONE OF THE LARGEST LIGHT MANUFACTURING COMPANIES IN THE ASIA PACIFIC REGION.
??? HIGH CLEARANCE WAREHOUSE FACILITY.
??? EXCELLENT LONGER TERM POTENTIAL AS A FUTURE REDEVELOPMENT SITE.
??? GUARANTEED RENTAL GROWTH.
Property History for Gow St, Padstow, NSW 2211
- 05 Feb 2009Listed for Sale EOI CLOSES 4:00PM 16 OCTOBER 2009
- 13 Sep 1991Sold
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About Padstow 2211
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 6,417 properties. Over the last 5 years, Houses in Padstow have seen a 66.64% increase in median value, while Units have seen a 42.28% increase. As at 30 November 2025:
- The median value for Houses in Padstow is $1,625,992 while the median value for Units is $1,011,980.
- Houses have a median rent of $840 while Units have a median rent of $620.
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