FOR SALE
$3,495,000

1/2A Bounty Close
Tuggerah NSW 2259

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 964m2
Land area: 964m2
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Solid Commercial investment with secure long lease!

If you're looking for a Commercial property that ticks all your investment boxes, then this property is definitely worth a closer look!
Currently enjoying a secure long-term lease to My Home Care Pty Ltd, a multi-branded in-home care package provider operating across multiple locations throughout NSW, from Sydney to Coffs Harbour.
Located in Bounty Close at the Eastern entry to the Tuggerah Business Park with convenient proximity to Tuggerah Westfield, Tuggerah Super Centre, Bunnings, Service NSW, many specialty shops, Tuggerah Train Station & local Bus stops.
The current fit out features an open plan design, large boardroom, staff room & amenities, multiple open plan areas, office suites, it can be efficiently arranged to maximise a tenancies team requirements enjoying quality floor coverings, paint & IT cabling in place, this property has it all.
THE TENANT
My Home Care Pty Ltd are operating in a high growth industry with upward trending demand resultant of Australia's aging population. Having eclipsed the permanent resident aged care number of patients, the sector is providing 263,000 older Australians a Home Care Package compared to just 194,000 in residential care. Last year the sector grew another 19% as opposed to residential care growing by only 3%. #1
SUMMARY OF AREAS
Unit 1 - My Home Care Pty Ltd
840m2*
Unit 1a - Vendor can lease back or be sold with vacant possession
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Property Details for 1/2a Bounty Cl, Tuggerah

Building Type
Commercial
Floor Size
964m2
Land Size
964m2

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About Tuggerah 2259

The size of Tuggerah is approximately 9.7 square kilometres. It has 14 parks covering nearly 23.3% of total area. The population of Tuggerah in 2011 was 1,017 people. By 2016 the population was 929 showing a population decline of 8.7% in the area during that time. The predominant age group in Tuggerah is 20-29 years. Households in Tuggerah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tuggerah work in a professional occupation. In 2011, 61.9% of the homes in Tuggerah were owner-occupied compared with 60.3% in 2016.

Tuggerah has 1,843 properties. Over the last 5 years, Houses in Tuggerah have seen a 60.44% increase in median value, while Units have seen a 27.11% increase. As at 30 November 2024:

  • The median value for Houses in Tuggerah is $827,740 while the median value for Units is $617,798.
  • Houses have a median rent of $580 while Units have a median rent of $7,218.
There are currently 16 properties listed for sale, and 38 properties listed for rent in Tuggerah on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Tuggerah.

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