FOR SALE
EXPRESSION OF INTEREST CLOSING 24.07.24

1-9/24 Main Road
Boolaroo NSW 2284

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1312m2
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HIGH RETURNING INVESTMENT - UNDENIABLE DEVELOPMENT POTENTIAL

Once in a generation opportunity to secure the "Lion's Share" of this unique site of approx 4000 sqm. Offering 9 of the 10 strata lots in one line.
Perfectly located in the heart of Lake Macquarie's emerging and most sought after lakeside suburb.
Zoned E1 Local Centre and huge 3 street frontage.
This fully let portfolio returns over $188,000 per annum.
Family owned property -
- First time offered in 35 years
- close proximity to new and developing residential estates and new commercial precinct that includes Costco and Bunnings
The information contained herein has been provided by people we believe to be reliable, however all interested parties must rely on their own enquiries.

Property Details for 1-9/24 Main Rd, Boolaroo

Building Type
Commercial
Floor Size
1312m2

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About Boolaroo 2284

The size of Boolaroo is approximately 2.7 square kilometres. It has 5 parks covering nearly 3.6% of total area. The population of Boolaroo in 2011 was 933 people. By 2016 the population was 1,042 showing a population growth of 11.7% in the area during that time. The predominant age group in Boolaroo is 50-59 years. Households in Boolaroo are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Boolaroo work in a trades occupation. In 2011, 68.9% of the homes in Boolaroo were owner-occupied compared with 67.8% in 2016.

Boolaroo has 1,438 properties.

    There are currently 7 properties listed for sale, and 6 properties listed for rent in Boolaroo on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Boolaroo.

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    Paul Campbell
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    David Magin
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    LJ Hooker Warners Bay
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