FOR SALE
$4,200,000

237 Main Road
Toukley NSW 2263

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 513m2
Land area: 695m2
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Freehold investment with six (6) tenants including Pharmacy!

This is your chance to secure a freehold, solid income-generating retail property with a diverse tenant mix that promises consistent cash flow. Located in a vibrant, high-traffic area, this fully leased asset offers the perfect combination of essential services and lifestyle businesses, making it a top-tier investment for astute and seasoned investors alike.
With six high-quality tenants in place, including a pharmacy, hair salon, caf, cosmetic injectables clinic, ladies' fashion boutique, and two ATM machines, this property benefits from multiple rental income streams and attracts a broad customer base, ensuring year-round foot traffic.
Key Features:
Stable Income - Fully leased with six tenancies, reducing vacancy risks.
Strong Tenant Mix - Essential services like a pharmacy and ATMs alongside lifestyle businesses attract diverse clientele.
Six Lease Covenants - Six lease covenants over five shop fronts enjoying great signage exposure from two main arterial roads.
High-Foot Traffic Location - Situated in a well-established commercial zone, ensuring consistent visitor numbers.
Low Maintenance Investment - Can be professionally managed with minimal owner intervention required.
Upside Potential - Opportunity for rental growth and long-term capital appreciation.
Ample Parking - Easy access for customers enhances the tenant experience and encourages repeat visits.
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Property Details for 237 Main Rd, Toukley

Building Type
Commercial
Floor Size
513m2
Land Size
695m2

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About Toukley 2263

The size of Toukley is approximately 3.4 square kilometres. It has 8 parks covering nearly 43.9% of total area. The population of Toukley in 2011 was 4,139 people. By 2016 the population was 4,563 showing a population growth of 10.2% in the area during that time. The predominant age group in Toukley is 60-69 years. Households in Toukley are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Toukley work in a trades occupation. In 2011, 55.2% of the homes in Toukley were owner-occupied compared with 56.4% in 2016.

Toukley has 2,708 properties. Over the last 5 years, Houses in Toukley have seen a 70.89% increase in median value, while Units have seen a 56.42% increase. As at 31 October 2024:

  • The median value for Houses in Toukley is $842,317 while the median value for Units is $566,852.
  • Houses have a median rent of $480 while Units have a median rent of $440.
There are currently 22 properties listed for sale, and 14 properties listed for rent in Toukley on OnTheHouse. According to CoreLogic's data, 112 properties were sold in the past 12 months in Toukley.

Suburb Insights for Toukley 2263

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Ben Purdue
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Tom Bore
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LJ Hooker Commercial Terrigal
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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.