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11-21 Underwood Rd 3,003 SF Flex Condo Unit Offered at $1,367,347 in Homebush, NSW 2140
Investment Highlights
- Situated in the thriving Homebush Business Village, this property benefits from a strategic position in one of Sydney’s most connected industrial hubs
- The area is surrounded by a strong commercial ecosystem, with Sydney Olympic Park, retail centers, and service amenities nearby
- Immediate access to major arterial routes including Parramatta Road, Homebush Bay Drive, and the M4 Motorway ensures efficient transport and logistics
Executive Summary
Positioned within the well-regarded Homebush Business Village, this property offers exceptional connectivity and convenience for businesses. Its strategic location provides immediate access to major arterial routes, including Parramatta Road, Homebush Bay Drive, and the M4 Motorway, ensuring efficient transport links across Sydney. The property is also within close proximity to North Strathfield, Concord West, and Flemington train stations, all located within 1.5 kilometers, making commuting simple for staff and visitors. Surrounding the site is a vibrant commercial and retail environment, complemented by the nearby Sydney Olympic Park precinct, which adds to the area’s appeal as a dynamic business destination.
Property Facts
| Total Building Size | 95,874 SF | Building Class | C |
| Property Type | Industrial (Condo) | Floors | 2 |
| Property Subtype | Warehouse | Typical Floor Size | 47,932 SF |
| Total Building Size | 95,874 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 47,932 SF |
1 Unit Available
Unit 18
| Unit Size | 3,003 SF | Sale Type | Investment or Owner User |
| Price | $1,367,347 | Cap Rate | 2.32% |
| Price Per SF | $455.33 | NOI | $31,737.36 |
| Condo Use | Flex | No. Parking Spaces | 5 |
| Unit Size | 3,003 SF |
| Price | $1,367,347 |
| Price Per SF | $455.33 |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
| Cap Rate | 2.32% |
| NOI | $31,737.36 |
| No. Parking Spaces | 5 |
Description
This condo is located inside the Homebush Business Village and designed to provide functionality and convenience by offering a ground-floor warehouse and an upper-level office suite with premium features. This condo includes 5 allocated car spaces, separate kitchenettes for both ground floor and first floor tenants, and Male and Female amenities on both levels.
Sale Notes
This modern industrial unit in the highly sought-after Homebush Business Village offers a rare opportunity for owner-occupiers and investors seeking flexibility and income security. The property features a functional ground-floor warehouse, currently vacant and ready for immediate occupation, paired with a fully leased first-floor office generating a stable income stream until February 2027. This dual-level configuration provides an ideal pathway for businesses to occupy now while benefiting from income, with the option to expand into the entire building upon lease expiry.
Presented by
11-21 Underwood Rd
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