FOR SALE
E.O.I

Shops 20,22,23,24/11-13 Avalon Parade
Avalon Beach NSW 2107

Bedrooms: -
Bathrooms: -
Car spaces: 7
Floor area: 168m2
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Landmark Location - 4 Lots To Be SOLD In One Line

Raine & Horne Avalon Palm Beach is proud to present one of the Landmark position in the renowned beachside suburb of Avalon Beach, a rare offering of 4 strata title lots to be SOLD in one line!
Shops 20,22,23,24/11-13 Avalon Parade, Avalon Beach is situated in THE most prominent location approximately 100m from the sandy beach, offers the maximum exposure being positioned at the entrance of Avalon Beach Shopping Village.
The key attributes of this rare opportunity includes:
• Tenanted Investment multiple secure income stream - 4 strata titled lots fully tenanted
• 210 sqm on title
• The combination of 4 lots comprises one of the largest unit entitlement in the complex (including 2 street front shops Lot 23 & Lot 24)
• Significant upside opportunity - potential future re-development (S.T.C.A) being one of the original complex in Avalon
• Zoning E1 Local Centre
The portfolio comprises of 4 retail premises currently occupied by 3 tenancies with lucrative combined rental income. The shops offers a generous total internal floor area of 168sqm plus 42sqm undercover car spaces on title and an additional 4 car accommodation of exclusive use for the lots.
The premises offers easy access by foot or city transport, making it a convenient destination for both locals and tourists alike. Cross the street is the sandy beach front shoreline adding a touch of natural beauty, creating a pleasant atmosphere for customers, business owners and their employees. The surrounding streets offer additional street and council parking options, making it convenient for everyone.
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Property Details for Shops 20,22,23,24/11-13 Avalon Pde, Avalon Beach, NSW 2107

Building Type
Commercial
Floor Size
168m2

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About Avalon Beach 2107

The size of Avalon Beach is approximately 5.2 square kilometres. It has 26 parks covering nearly 18.1% of total area. The population of Avalon Beach in 2011 was 10,601 people. By 2016 the population was 9,910 showing a population decline of 6.5% in the area during that time. The predominant age group in Avalon Beach is 50-59 years. Households in Avalon Beach are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Avalon Beach work in a professional occupation. In 2011, 78.5% of the homes in Avalon Beach were owner-occupied compared with 81.4% in 2016.

Avalon Beach has 4,575 properties. Over the last 5 years, Houses in Avalon Beach have seen a 66.46% increase in median value, while Units have seen a 57.62% increase. As at 31 August 2024:

  • The median value for Houses in Avalon Beach is $2,825,879 while the median value for Units is $1,245,333.
  • Houses have a median rent of $1,250 while Units have a median rent of $750.
There are currently 28 properties listed for sale, and 17 properties listed for rent in Avalon beach on OnTheHouse. According to CoreLogic's data, 204 properties were sold in the past 12 months in Avalon beach.

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Nina Sokolov
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Raine & Horne Avalon Palm Beach
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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.