FOR RENT
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4 Commerce Drive
Lake Illawarra NSW 2528

Bedrooms: -
Bathrooms: -
Car spaces: 11
Floor area: 525m2
Land area: 1356m2
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UNDER RENOVATION - 525m2 Warehouse - Available January 2025

Ray White Shellharbour City is proud to present an expansive warehouse opportunity, boasting approximately 525m² of versatile space (with an option to occupy a further 100m2 if required) in a prime, highly sought-after location.
Currently undergoing renovations, this high-clearance warehouse will be ready for occupancy by late January 2025. With its strategic positioning and ample space, this warehouse is poised to meet the demands of a range of business operations and will be a valuable asset in the Illawarra market.
This opportunity is expected to generate significant interest, so we encourage early registration to secure your place. Don't miss out on this prominent commercial asset!
For further information or to discuss this opportunity, please contact James Mahony at 0490 456 073.

Property Details for 4 Commerce Dr, Lake Illawarra

Building Type
Commercial
Floor Size
525m2
Land Size
1356m2

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About Lake Illawarra 2528

The size of Lake Illawarra is approximately 2.1 square kilometres. It has 11 parks covering nearly 24% of total area. The population of Lake Illawarra in 2011 was 3,087 people. By 2016 the population was 3,167 showing a population growth of 2.6% in the area during that time. The predominant age group in Lake Illawarra is 50-59 years. Households in Lake Illawarra are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Illawarra work in a trades occupation. In 2011, 46% of the homes in Lake Illawarra were owner-occupied compared with 46.8% in 2016.

Lake Illawarra has 2,017 properties. Over the last 5 years, Houses in Lake Illawarra have seen a 67.71% increase in median value, while Units have seen a 58.74% increase. As at 30 November 2024:

  • The median value for Houses in Lake Illawarra is $879,554 while the median value for Units is $676,797.
  • Houses have a median rent of $583 while Units have a median rent of $540.
There are currently 6 properties listed for sale, and 8 properties listed for rent in Lake illawarra on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Lake illawarra.

Suburb Insights for Lake Illawarra 2528

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James Mahony
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Ray White Shellharbour City
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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.