FOR SALE
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59-61 Tahnee Street
Sanctuary Point NSW 2540

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1420m2
Land area: 3080m2
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SOUTH COAST DEVELOPMENT OPPORTUNITY - Childcare or Townhouses

SOUTH COAST DEVELOPMENT OPPORTUNITY - On behalf of our valued client, we offer this unique development opportunity to the market FOR SALE by Public Auction with clear instructions to SELL.
Set amongst the rising residential development and community of Sanctuary Point, this is your opportunity to develop either, a single level no basement 90 place early learning (childcare) centre or 12 townhouses with a combination of 2 and 3 bedroom designs. The vendor has done the hard work and followed the development of the region hedging with a real need for childcare and continued population growth and need for more residential accommodation.
For more information Please contact Peter Seeto of Cabmon Property 0 4 0 0 2 2 2 6 6 6 - or click ENQUIRE NOW and request the information memorandum.
We hope to see you at the AUCTION!

Property Details for 59-61 Tahnee St, Sanctuary Point

Building Type
Commercial
Floor Size
1420m2
Land Size
3080m2

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About Sanctuary Point 2540

The size of Sanctuary Point is approximately 5.9 square kilometres. It has 20 parks covering nearly 18.3% of total area. The population of Sanctuary Point in 2011 was 6,611 people. By 2016 the population was 7,224 showing a population growth of 9.3% in the area during that time. The predominant age group in Sanctuary Point is 60-69 years. Households in Sanctuary Point are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sanctuary Point work in a trades occupation. In 2011, 69.7% of the homes in Sanctuary Point were owner-occupied compared with 69.4% in 2016.

Sanctuary Point has 4,955 properties. Over the last 5 years, Houses in Sanctuary Point have seen a 62.04% increase in median value, while Units have seen a 58.10% increase. As at 30 November 2024:

  • The median value for Houses in Sanctuary Point is $661,740 while the median value for Units is $574,875.
  • Houses have a median rent of $500 while Units have a median rent of $440.
There are currently 80 properties listed for sale, and 22 properties listed for rent in Sanctuary point on OnTheHouse. According to CoreLogic's data, 207 properties were sold in the past 12 months in Sanctuary point.

Suburb Insights for Sanctuary Point 2540

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Peter Seeto
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Cabmon Property
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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.