FOR SALE
$1,650,000

10 Treelands Drive
Yamba NSW 2464

Bedrooms: 3
Bathrooms: 2
Car spaces: 16
Floor area: 371m2
Land area: 1102m2
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Prime Position With Huge Potential

10 Treelands Drive, Yamba, offers the astute buyer the opportunity to immediately secure an income producing investment, but has the potential to expand the returns available on this property.
It has a E1 Local centre zoning (commercial), but also an R3 medium density residential zoning to the rear of the block, which, (subject to Council approval) would allow further development.
Improvements on this 1,102 sq.m. parcel of land currently consists of:-
- Ground Floor commercial area of approximately 175 sq.m., with a lease in place until October, 2025, with a further option to renew for another 4 years. (long term tenant is a Veterinary practice).
- Ground Floor Studio apartment - currently leased to the Vet' practice
- First Floor large 3 bedroom residential unit - currently under long -term lease.
- The property also includes approximately 300 sq.m. of vacant land at rear, zoned R3 medium density residential.
The position of this property is unique - straight across the road from Coles/Yamba Shopping Fair.
With tenants in place showing a respectable net return, and the potential for further development at the rear of the property, and Yamba's seemingly endless growth over the last 10 years, this may be a property for the future, that you don't want to miss!
DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Property Details for 10 Treelands Dr, Yamba

Building Type
Commercial
Floor Size
371m2
Land Size
1102m2

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About Yamba 2464

The size of Yamba is approximately 16.9 square kilometres. It has 31 parks covering nearly 18% of total area. The population of Yamba in 2011 was 6,074 people. By 2016 the population was 6,078 showing a population growth of 0.1% in the area during that time. The predominant age group in Yamba is 60-69 years. Households in Yamba are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Yamba work in a professional occupation. In 2011, 65.1% of the homes in Yamba were owner-occupied compared with 67.4% in 2016.

Yamba has 5,025 properties. Over the last 5 years, Houses in Yamba have seen a 90.68% increase in median value, while Units have seen a 79.83% increase. As at 30 September 2024:

  • The median value for Houses in Yamba is $958,762 while the median value for Units is $736,639.
  • Houses have a median rent of $600 while Units have a median rent of $498.
There are currently 78 properties listed for sale, and 12 properties listed for rent in Yamba on OnTheHouse. According to CoreLogic's data, 225 properties were sold in the past 12 months in Yamba.

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Ian Dunbar
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Elders Real Estate Yamba
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