FOR SALE
$4,200,000

146 - 150 Imlay Street
Eden NSW 2551

Bedrooms: -
Bathrooms: -
Car spaces: 104
Floor area: 1620m2
Land area: 2038m2
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Twofold Arcade - Eden

Eden's premier commercial freehold holding in the heart of Eden's main street. Strategically positioned - linking the main street to the council's carpark at the rear - This two-level retail and services building offers an unparalleled investment opportunity with huge potential to further develop in the heart of this thriving coastal town/port.
Key Features:
• Strategic Exposure: In the heart of Eden's commercial shopping strip linking the main street to the council's carpark at the rear. Maximum visual exposure, ensuring your tenants enjoy a prominent position.
• Parking Convenience: with 14 existing carparks and a deed with council for approx. 90 carparking credits over the council's adjoining car park - giving potential to further develop the airspace over the car park. Seamless access for both tenants and customers.
• Diversified Income Stream: With 15 lettable tenancies.
• Total net lettable area of approximately 1620m2. Ground floor - 14 separate lettable shops, upstairs is an established government health centre.
• Land Area: Land area of 2038.4 m2, this property provides the one of the only large scale re-development opportunity in Eden's main street and enjoys panoramic ocean and bay views - with the addition of the adjoining car park air space the potential is enormous.
• Income: Mostly leased with excellent & growing annual rental return.
Eden is a growth regional center located approx. halfway between Sydney and Melbourne and approx. 3 hours from Canberra, being the only deep water port - a growing maritime hub with over 40 Cruise ship visits in 2023/24 and a new government marina project underway.
Property ID: 504651920Last Updated: 30 Aug 2024

Property Details for 146 - 150 Imlay St, Eden

Building Type
Commercial
Floor Size
1620m2
Land Size
2038m2

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About Eden 2551

The size of Eden is approximately 86.4 square kilometres. It has 21 parks covering nearly 85.4% of total area. The population of Eden in 2011 was 3,043 people. By 2016 the population was 3,153 showing a population growth of 3.6% in the area during that time. The predominant age group in Eden is 60-69 years. Households in Eden are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Eden work in a labourer occupation. In 2011, 60.6% of the homes in Eden were owner-occupied compared with 61.6% in 2016.

Eden has 2,327 properties. Over the last 5 years, Houses in Eden have seen a 61.04% increase in median value, while Units have seen a 53.40% increase. As at 31 August 2024:

  • The median value for Houses in Eden is $640,600 while the median value for Units is $416,973.
  • Houses have a median rent of $565 while Units have a median rent of $395.
There are currently 97 properties listed for sale, and 5 properties listed for rent in Eden on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Eden.

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Glenn Brunette
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Eden Realty
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