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Unit 2/164-172 Tongarra Road
Albion Park NSW 2527

Bedrooms: -
Bathrooms: -
Car spaces: 60
Floor area: 466m2
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BULKY GOODS IN FAST GROWING DEMOGRAPHIC

Raine & Horne Commercial Wollongong are pleased to present this prime bulky goods retail site, the last commercial site on the strip before adjoining residential zoning. The site is well placed to service the expanding residential areas of Croom, Calderwood, Tullimbar and Tongarra as well as Albion Park itself. At present some 15,000 cars pass daily with Tongarra Road offering access to all of these fast growing residential areas. This number will grow exponentially over the next 1-3 years with the roll out of highly sort over residential blocks which are providing both first home buyers and those wishing for a new build an opportunity to have new schools, both primary and secondary along with good shopping options in surrounding areas.
One of the big 4 service stations have already secured a proportion of this new site for a much needed petrol station, at present there is only 1 petrol station (Woolworths) in this area
with 60+ car parking spaces on site, this is a great opportunity to secure a newly constructed build with easy access to this ever expanding residential area.

Property Details for Unit 2/164-172 Tongarra Rd, Albion Park

Building Type
Commercial
Floor Size
466m2

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About Albion Park 2527

The size of Albion Park is approximately 9.1 square kilometres. It has 37 parks covering nearly 11.7% of total area. The population of Albion Park in 2011 was 12,871 people. By 2016 the population was 13,313 showing a population growth of 3.4% in the area during that time. The predominant age group in Albion Park is 10-19 years. Households in Albion Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albion Park work in a trades occupation. In 2011, 81.8% of the homes in Albion Park were owner-occupied compared with 80.5% in 2016.

Albion Park has 5,934 properties. Over the last 5 years, Houses in Albion Park have seen a 58.05% increase in median value, while Units have seen a 48.20% increase. As at 31 October 2024:

  • The median value for Houses in Albion Park is $965,947 while the median value for Units is $710,827.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 37 properties listed for sale, and 3 properties listed for rent in Albion park on OnTheHouse. According to CoreLogic's data, 265 properties were sold in the past 12 months in Albion park.

Suburb Insights for Albion Park 2527

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Lynda Burnside
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Raine & Horne Commercial Wollongong
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.