FOR SALE
Price Guide $1,540,000 - $1,600,000

Davy Street
Mittagong NSW 2575

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 367m2
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Exclusive Investment Opportunity in Bricks-and-Mortar

On offer is an opportunity to invest in a highly lucrative bricks and mortar tenanted venture that combines stability with growth potential.
Brand new, ultra modern design in the prime location of "Davy Quarters", this unit is strategically off the high traffic thoroughfare to Mittagong's shopping precinct.
This outstanding opportunity is the investors dream, offering a commencing 5 year lease with a 5 year option on a 5% yield to a stand out tenant. Ground floor of 289m2 plus the additional 78m2 mezzanine, this is strata unit.
Benefit from a steady rental income and long-term lease, this low risk, high reward brand new physical asset which will only increase over time with the added advantage of a new build depreciation.
Sold as a going concern.
Contact Simon or Emma-Jane for further information.

Property Details for 4/14-16 Davy St, Mittagong

Building Type
Commercial
Floor Size
367m2

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About Mittagong 2575

The size of Mittagong is approximately 60.5 square kilometres. It has 12 parks covering nearly 20.4% of total area. The population of Mittagong in 2011 was 5,720 people. By 2016 the population was 5,756 showing a population growth of 0.6% in the area during that time. The predominant age group in Mittagong is 10-19 years. Households in Mittagong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mittagong work in a professional occupation. In 2011, 69.8% of the homes in Mittagong were owner-occupied compared with 69.3% in 2016.

Mittagong has 3,689 properties. Over the last 5 years, Houses in Mittagong have seen a 60.68% increase in median value, while Units have seen a 29.43% increase. As at 30 November 2024:

  • The median value for Houses in Mittagong is $1,026,050 while the median value for Units is $717,872.
  • Houses have a median rent of $620 while Units have a median rent of $488.
There are currently 31 properties listed for sale, and 18 properties listed for rent in Mittagong on OnTheHouse. According to CoreLogic's data, 139 properties were sold in the past 12 months in Mittagong.

Suburb Insights for Mittagong 2575

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Contact agent
Simon Pikkat
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Emma-Jane Carswell
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CARLTON REAL ESTATE
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.