FOR SALE
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10A Ocean Street
Budgewoi NSW 2262

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 252m2
Land area: 489m2
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Prime Dual-Income Freehold Property in Seaside Location

We are pleased to present an exceptional opportunity in Budgewoi for this freehold corner block premises consisting of ground level retail with shop top housing. Located opposite the newly renovated Budgewoi Hotel and within minutes of local beaches and parks, this shopfront forms part of the popular Budgewoi Circle Hub footsteps away from Budgewoi Creekthe waterway that connects Budgewoi Lake and Lake Munmorah.
Sale:
This is your chance to own a slice of Budgewoi Circle! This freehold corner block zoned E1 (Local Centre) offers purchasers an opportunity to occupy and create a vibrant new flavour for the surrounding suburbs. Alternatively, for investors, the property offers provisions for a tenant to come straight in and trade to cater for locals and holiday makers. The property also appeals to future development as there is no height restriction for the site.
The sale also includes a low maintenance open plan living unit with hardwood floors though out, split system air conditioning, 3 bedrooms all with celling fans, plus a large balcony perfect for entertaining with friends or the family. This unit is currently tenanted, making it an ideal investment for those looking to maximise their returns.
Lease:
The opportunity to lease is for the ground floor retail shop only. Take advantage of the corner block that offers fantastic exposure from both Budgewoi Circle and Lake Street. The premises features both indoor and covered outdoor areas, offering potential for alfresco dining all year round.
Other features include:
- Kitchen Provisions
- Exhaust Hood
- Amenities
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Property Details for 10a Ocean St, Budgewoi

Building Type
Commercial
Floor Size
252m2
Land Size
489m2

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About Budgewoi 2262

The size of Budgewoi is approximately 3.1 square kilometres. It has 15 parks covering nearly 44.5% of total area. The population of Budgewoi in 2011 was 3,254 people. By 2016 the population was 3,348 showing a population growth of 2.9% in the area during that time. The predominant age group in Budgewoi is 50-59 years. Households in Budgewoi are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Budgewoi work in a trades occupation. In 2011, 65.1% of the homes in Budgewoi were owner-occupied compared with 66.6% in 2016.

Budgewoi has 1,860 properties.

    There are currently 9 properties listed for sale, and 9 properties listed for rent in Budgewoi on OnTheHouse. According to CoreLogic's data, 83 properties were sold in the past 12 months in Budgewoi.

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    Ben Purdue
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    LJ Hooker Commercial Terrigal
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