FOR SALE
$689,000

11 Myall Street
Tea Gardens NSW 2324

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Bathrooms: -
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Land area: 1066m2
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Blank Canvas - Approved for 3 Torrens Title Dwellings

Discover the potential of 11 Myall Street, Tea Gardens, an outstanding parcel of land in the heart of one of New South Wales' most charming coastal locales. Spanning an impressive 1066 square metres, this prime piece of real estate is a blank canvas awaiting the creative touch of developers, savvy investors, and owner-occupiers who recognise opportunity when they see it.
Situated directly across from essential amenities such as local shops and a medical centre, and with convenient access to transport links, this vacant lot presents an unrivalled chance to craft something truly special. Moreover, it is mere moments from the picturesque Myall River waterfront, and just over the bridge to the pristine beaches of Hawks Nest,
adding to the allure and promise of lifestyle excellence.
The site comes with the added advantage of an approved Development Application for three Torrens title homes, setting the stage for a project that blends style with the practicality of modern living. Whether the goal is to establish a future superannuation nest egg, realise immediate profits, or create a bespoke residence, this opportunity is not to be missed.
Take the first step towards a prosperous venture and contact us today to explore the possibilities that await at 11 Myall Street. Secure your slice of Tea Gardens' future now.

Property Details for 11 Myall St, Tea Gardens

Building Type
Land
Land Size
1066m2

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About Tea Gardens 2324

The size of Tea Gardens is approximately 84.3 square kilometres. It has 12 parks covering nearly 10.1% of total area. The population of Tea Gardens in 2011 was 2,434 people. By 2016 the population was 2,888 showing a population growth of 18.7% in the area during that time. The predominant age group in Tea Gardens is 70-79 years. Households in Tea Gardens are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Tea Gardens work in a trades occupation. In 2011, 69.1% of the homes in Tea Gardens were owner-occupied compared with 71.5% in 2016.

Tea Gardens has 1,963 properties. Over the last 5 years, Houses in Tea Gardens have seen a 60.40% increase in median value, while Units have seen a 38.43% increase. As at 31 August 2024:

  • The median value for Houses in Tea Gardens is $884,002 while the median value for Units is $617,805.
  • Houses have a median rent of $580 while Units have a median rent of $473.
There are currently 25 properties listed for sale, and 5 properties listed for rent in Tea gardens on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Tea gardens.

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John Rumble
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First National Hawks Nest Real Estate
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