FOR SALE
$275000 plus SAV

20 Princes Highway
Fairy Meadow NSW 2519

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 338m2
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Indian and Royal Enfield dealership Wollongong

Phone enquiries - please quote property ID 32493.
A unique opportunity to secure our 50 years of trading Motorcycle Business on a prime Highway position, in the beautiful coastal city of Wollongong. With only an hour's journey to Sydney or the Southern Highlands and with mountain roads and beaches within five minutes from our location, this is indeed a motorcyclist paradise.
With two Iconic brands, Indian and Royal Enfield (both since 1901), housed in a 1960s-built showroom with complete glass frontage and excellent exposure with parking directly out front, this traditional business appeals to staff and customers alike. We have a loyal satisfied customer base and a great Google review due to the great service we provide.
Our workshop, the heart of any business, is well backed up with expertise and equipment. Roller doors can open up the spares and workshop area to provide an open atmosphere on those multiple good weather days. A fully qualified technician with AIS credentials for annual inspections will remain if required. We also have an Apprentice completing his first year of training. The owner will also be available to help with the transition period if required.
The average turnover for the past 3 years is $1.65m
A long-term lease is available as the business owner is the property owner.
DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Property Details for 20 Princes Hwy, Fairy Meadow

Building Type
Commercial
Floor Size
338m2

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About Fairy Meadow 2519

The size of Fairy Meadow is approximately 3.5 square kilometres. It has 22 parks covering nearly 21.2% of total area. The population of Fairy Meadow in 2011 was 6,586 people. By 2016 the population was 7,404 showing a population growth of 12.4% in the area during that time. The predominant age group in Fairy Meadow is 20-29 years. Households in Fairy Meadow are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fairy Meadow work in a professional occupation. In 2011, 57.2% of the homes in Fairy Meadow were owner-occupied compared with 55.7% in 2016.

Fairy Meadow has 4,009 properties. Over the last 5 years, Houses in Fairy Meadow have seen a 67.17% increase in median value, while Units have seen a 42.42% increase. As at 31 August 2024:

  • The median value for Houses in Fairy Meadow is $1,193,651 while the median value for Units is $715,302.
  • Houses have a median rent of $650 while Units have a median rent of $520.
There are currently 16 properties listed for sale, and 16 properties listed for rent in Fairy meadow on OnTheHouse. According to CoreLogic's data, 136 properties were sold in the past 12 months in Fairy meadow.

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