FOR SALE
By Negotiation

22 Yamba Street
Yamba NSW 2464

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 239m2
Land area: 508m2
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Prime Multi-Income CBD Freehold

Enjoying a prominent position in the heart of Yamba's CBD, with exposure to main street traffic, this prime dual-income opportunity is one that offers a consistent existing income and immense potential for the future.
On the streetfront is a well constructed brick premises currently under lease to a credit union, and set at the rear of the site is a separate premises currently leased to a local law firm. With both tenancies having already enjoyed long tenure at the property, the ease and consistency of this investment is all but assured.
Underpinning your investment here is 508m2 of land zoned E1 Local Centre. With this highly sought after commercial zoning being in such short supply, you can be confident that this will be a rewarding investment into the future.
Yamba's CBD has enjoyed strong growth and rejuvenation in recent years and with this concentrated patch of commercial real estate playing such an important role in the future of the town, upward pressure on values is likely to continue for years to come.
With offers being sought immediately, this rare freehold offering is one that allows no time for hesitation. Opportunities as good as this always sell fast, declare your interest today to avoid missing out.
• Prime commercial freehold in the heart of Yamba's CBD
• Two separate commercial buildings, both with tenants in place
• Brick premises on the streetfront currently under lease to BCU (credit union)
• Separate premises at the rear currently lease to local law firm
• Existing gross income of $79,620 p.a
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Property Details for 22 Yamba St, Yamba

Building Type
Commercial
Floor Size
239m2
Land Size
508m2

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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 5,224 properties. Over the last 5 years, Houses in Yamba have seen a 93.63% increase in median value, while Units have seen a 76.01% increase. As at 30 November 2024:

  • The median value for Houses in Yamba is $994,934 while the median value for Units is $722,790.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 68 properties listed for sale, and 7 properties listed for rent in Yamba on OnTheHouse. According to CoreLogic's data, 228 properties were sold in the past 12 months in Yamba.

Suburb Insights for Yamba 2464

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Daniel Kelly
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Ray White Yamba
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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.