FOR SALE
$1,850,000 - $1,950,000

118-120 Tongarra Road
Albion Park NSW 2527

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 486m2
Land area: 1195m2
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Rare Offering, Prominent Position, First time to market in 38 Years

Ray White Shellharbour City is proudly offering this tightly held commercial asset to the open market for the first time in 38 years.
118-120 Tongarra Road, Albion Park is a long standing and integral part of the main commercial strip of Albion Park and celebrates a high passing traffic location, dual access points and a wealth of opportunity to upsize (STCA).
Situated 1km from the access points to the North (Sydney) and South (Nowra) corridors, you will be a natural benefactor of the newly built Albion Park By-Pass. Located diagonally across from the newly built McDonalds Albion Park and ease of access to the Albion Park Shopping Village which includes a mix-use of retail stores including major national brands Woolworths, Reject Shop, Subway and a variety of smaller retailers, banks, Anytime Fitness gym, Barbers, hairdressers, beauticians and health food stores.
With the growth of the South Coast and its surrounds, locations of this caliber are rarely available to market and offers an ample array of uses and upsize potential.
This asset is a fundamental part of the Albion Park Commercial zone and allows a number of greater opportunities for Investors, Occupiers and the tenants operating within the space due its prominent positioning.
Key highlights include:
• Rare offering - offered to the market for the first time in 38 Years
• Floor Space Ratio 1.5:1
• Building height permitted - 12m
• Freehold zoned for E1: Local Centre
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Property Details for 118-120 Tongarra Rd, Albion Park

Building Type
Commercial
Floor Size
486m2
Land Size
1195m2

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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 5,940 properties. Over the last 5 years, Houses in Albion Park have seen a 60.05% increase in median value, while Units have seen a 32.72% increase. As at 31 August 2024:

  • The median value for Houses in Albion Park is $945,961 while the median value for Units is $667,725.
  • Houses have a median rent of $650 while Units have a median rent of $610.
There are currently 29 properties listed for sale, and 11 properties listed for rent in Albion park on OnTheHouse. According to CoreLogic's data, 270 properties were sold in the past 12 months in Albion park.

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James Mahony
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Ray White Shellharbour City
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