FOR SALE
Guide | $1,790,000

1 Bilambee Avenue
Bilgola Plateau NSW 2107

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 434m2
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TWO INCOME STREAMS!!!

| Retail shop and two bedroom penthouse
| Building space 434 m2 total
| Total rental income of $84,383 p.a.
| Set in a thriving neighbourhood shopping strip
| Convenient dual street access
| Zoned: B1 Neighbourhood Centre
| Approved for strata subdivision
GROUND FLOOR - SHOP
| Same tenant for over 40 YEARS!!!
| Current income $48,763 p.a. + GST
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Property Details for 1 Bilambee Ave, Bilgola Plateau

Building Type
Commercial
Floor Size
434m2

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About Bilgola Plateau 2107

The size of Bilgola Plateau is approximately 1.3 square kilometres. It has 13 parks covering nearly 6.9% of total area. The population of Bilgola Plateau in 2011 was 3,863 people. By 2016 the population was 3,517 showing a population decline of 9.0% in the area during that time. The predominant age group in Bilgola Plateau is 40-49 years. Households in Bilgola Plateau are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bilgola Plateau work in a professional occupation. In 2011, 87.8% of the homes in Bilgola Plateau were owner-occupied compared with 89.2% in 2016.

Bilgola Plateau has 1,280 properties. Over the last 5 years, Houses in Bilgola Plateau have seen a 48.37% increase in median value, while Units have seen a 19.07% increase. As at 31 October 2024:

  • The median value for Houses in Bilgola Plateau is $2,371,622 while the median value for Units is $1,325,109.
  • Houses have a median rent of $1,398 while Units have a median rent of $600.
There are currently 7 properties listed for sale, and 8 properties listed for rent in Bilgola plateau on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Bilgola plateau.

Suburb Insights for Bilgola Plateau 2107

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Stevan Bubalo
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Mark Novak
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NOVAK - Northern Beaches
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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.