FOR SALE
Auction

17 Lake Street
Budgewoi NSW 2262

Bedrooms: 7
Bathrooms: 5
Car spaces: 9
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Auction Time
Fri 13 Dec 1:00 pm
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No upcoming inspections scheduled.
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Rare & Unique Opportunity

A very rare opportunity in this premium waterfront position in Beachside Budgewoi, so close to surf, hotel, cafe's & more! The unique holding offers a seldom found mix of both commerical and residential all on a huge 1,070sqm approx site with a combined income $117,381.96 (approx) net of GST.
The commercial offers two shopfronts which are currently occupied by the one tenant. The two upstairs units feature two bedrooms and have a bathroom plus ensute. The waterfront cottage has three bedrooms, a sunroom and a covered deck overlooking the waterfront, seawall, ramp and jetty. The large site allows ample hardstand parking for all tenants.
Simply the unique investment and development opportunity you have been searching for with healthy returns and unlimted potential. Move now - this will not last!

Property Details for 17 Lake St, Budgewoi

17 Lake St, Budgewoi is a 7 bedroom, 5 bathroom House with 9 parking spaces. The place is currently for sale with Ray White Thompson Partners.

Building Type
House

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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 1,851 properties. Over the last 5 years, Houses in Budgewoi have seen a 62.84% increase in median value, while Units have seen a 76.81% increase. As at 31 October 2024:

  • The median value for Houses in Budgewoi is $718,547 while the median value for Units is $512,217.
  • Houses have a median rent of $530 while Units have a median rent of $450.
There are currently 18 properties listed for sale, and 11 properties listed for rent in Budgewoi on OnTheHouse. According to CoreLogic's data, 78 properties were sold in the past 12 months in Budgewoi.

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Luke Thompson
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James Thompson
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Ray White Thompson Partners
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