FOR SALE
$500,000

1/78 Princes Highway
Narooma NSW 2546

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 179m2
Land area: 430m2
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Freehold Commercial/Retail Shop For Sale In Prime Location

Commercial/Retail Shop is situated in a prime location along the main thoroughfare, offering excellent visibility and easy access. The strategic position ensures a steady flow of potential customers, making it an ideal investment opportunity. With its coastal charm and high foot traffic, this commercial/retail shop is perfectly positioned for continued success and growth in a sought-after location. The combination of prime positioning and a reputable brand makes this a rare opportunity in the coastal market in the Eurobodalla Shire region.
Lease $2800/month (inc GST)
Currently on 12mth lease expiring 30th June 2025 (with 2 x 3 years lease options available)
Floor space: 179 sqm with Car spaces out the back
Strata plan 15521: $2,258.13/Qtr
Outgoings paid by tenant - approx $4,900/year (Includes Council rates + water+ Electricity).
Call John Murray 0475 053 869 for detailed information.

Property Details for 1/78 Princes Hwy, Narooma

Building Type
Commercial
Floor Size
179m2
Land Size
430m2

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About Narooma 2546

The size of Narooma is approximately 120 square kilometres. It has 11 parks covering nearly 69.2% of total area. The population of Narooma in 2011 was 2,416 people. By 2016 the population was 2,611 showing a population growth of 8.1% in the area during that time. The predominant age group in Narooma is 60-69 years. Households in Narooma are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Narooma work in a trades occupation. In 2011, 68.6% of the homes in Narooma were owner-occupied compared with 69.1% in 2016.

Narooma has 2,493 properties. Over the last 5 years, Houses in Narooma have seen a 74.19% increase in median value, while Units have seen a 99.19% increase. As at 31 August 2024:

  • The median value for Houses in Narooma is $763,791 while the median value for Units is $539,944.
  • Houses have a median rent of $520 while Units have a median rent of $420.
There are currently 29 properties listed for sale, and 7 properties listed for rent in Narooma on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Narooma.

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John Murray
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Whale Coast Realty
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