FOR RENT
$35,455 + GST PA

Shop 4/38-40 President Avenue
Caringbah NSW 2229

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 45m2
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Existing Vietnamese Restaurant with Outdoor Seating | Ready to Occupy

Perfectly situated in the heart of Caringbah bustling precinct, this ground floor shop offers the immediate opportunity for the astute operators to set their mark in this booming suburb.
Features:
* Approx. area 45m2 + undercover seating areas
* 1 car space
* Existing restaurant set up with exhaust and grease trap
* Onsite toilet amenities
* Signage potential
Previously operating as a Vietnamese Restaurant. Ideal for similar or other business STCA.
Contact agents to arrange inspection.

Property Details for Shop 4/38-40 President Ave, Caringbah

Building Type
Commercial
Floor Size
45m2

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About Caringbah 2229

The size of Caringbah is approximately 5 square kilometres. It has 18 parks covering nearly 4% of total area. The population of Caringbah in 2011 was 10,955 people. By 2016 the population was 11,673 showing a population growth of 6.6% in the area during that time. The predominant age group in Caringbah is 30-39 years. Households in Caringbah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caringbah work in a professional occupation. In 2011, 62.4% of the homes in Caringbah were owner-occupied compared with 59.9% in 2016.

Caringbah has 8,376 properties. Over the last 5 years, Houses in Caringbah have seen a 48.88% increase in median value, while Units have seen a 26.82% increase. As at 31 October 2024:

  • The median value for Houses in Caringbah is $1,798,861 while the median value for Units is $881,061.
  • Houses have a median rent of $800 while Units have a median rent of $650.
There are currently 28 properties listed for sale, and 31 properties listed for rent in Caringbah on OnTheHouse. According to CoreLogic's data, 414 properties were sold in the past 12 months in Caringbah.

Suburb Insights for Caringbah 2229

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Contact agent
Colemon Xu Hui Su
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Tony Tode Sekulceski
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Colemon Property Group Pty Ltd
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Disclaimer
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.