EP. 1334 TALE OF THE SALE MINI INDUSTRIAL WAREHOUSES DOMINATE THE MARKET

The PROPERTY DOCTORS, Sydney Australia Novak Properties

Could small footprint warehouses be the hidden gems of the real estate market? Join us as we uncover the unexpectedly lucrative world of 100m2 warehouses in Sydney's northern beaches. Our latest discussion with the insightful Mr. Wapshot takes you through a fascinating case study at 150 Old Pittwater Road, where a warehouse bought for $407,000 in 2013 recently sold for $1,025,000. This episode sheds light on why this category is becoming increasingly attractive for investors, particularly when pitted against traditional residential properties. With lower maintenance costs and tenants typically covering outgoings, these warehouses not only promise attractive returns but also embody the broader trend of property values doubling every decade.
Amidst the dynamic negotiations and varied interests from potential buyers, ranging from tradespeople and investors to individuals seeking personal leisure space, this episode offers a compelling narrative of demand and value. Hear firsthand about the buyers who secured the warehouse to use for personal enjoyment and learn why such properties are gaining traction as smart investment choices. Whether you're an aspiring investor or a property market enthusiast, this conversation is packed with valuable insights and engaging real estate stories that promise to enlighten and entertain.