FOR SALE
Guide $1,200,000 to $1,300,000

12 Yarrumba Street
Tea Gardens NSW 2324

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 687m2
Land area: 1395m2
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Freehold - Dual Street Frontage Industrial Warehouse with Office & Mezzanine Storage

Presenting an exceptional opportunity in the heart of Tea Gardens Industrial Estate, this versatile industrial property boasts dual street access and prime positioning for maximum visibility. Spanning a generous total land area of 1395m² and a building area of 561m², this freehold property is a rare find.
Comprising two separate workshops, each with its own street frontage, the site offers flexibility and potential for expansion. Zoning permits construction up to 10 metres high, providing ample room for growth and development.
Strategically located just 10 kilometres from the M1 and a convenient 35-minute drive from Newcastle Airport, this property is ideally situated for business operations. Moreover, with Tea Gardens experiencing significant growth due to major housing subdivision developments nearby, the potential for future expansion and prosperity is undeniable.
Key Features:
Total land area: 1395m²
Total Building Area: 561m²
Dual Street Frontages for enhanced accessibility
Highly visible for passing traffic
Flexibility for owner occupancy and partial leasing
Conveniently located near major transportation routes, just 1 hour from Newcastle and 2.5 hours from Sydney
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Property Details for 12 Yarrumba St, Tea Gardens

Building Type
Commercial
Floor Size
687m2
Land Size
1395m2

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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 1,964 properties. Over the last 5 years, Houses in Tea Gardens have seen a 44.98% increase in median value, while Units have seen a 65.91% increase. As at 30 November 2024:

  • The median value for Houses in Tea Gardens is $816,632 while the median value for Units is $682,967.
  • Houses have a median rent of $580 while Units have a median rent of $478.
There are currently 36 properties listed for sale, and 6 properties listed for rent in Tea gardens on OnTheHouse. According to CoreLogic's data, 71 properties were sold in the past 12 months in Tea gardens.

Suburb Insights for Tea Gardens 2324

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Alison Howell
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Hawks Nest Beach Realty
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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.