40 Moore StreetAustinmer NSW 2515
Property Details for 40 Moore St, Austinmer
40 Moore St, Austinmer is a 2 bedroom, 1 bathroom House. The property has a land size of 233m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in July 2019.
Last Listing description (July 2019)
Owned by the one family for multiple generations, it's now time to offer this iconic circa 1920s property to the Austinmer market. Standing proudly along 40 Moore Street amongst other bespoke shops and traditional homes, this is a once in a lifetime opportunity to secure a historic and lucrative Austinmer property, comprising of a commercial caf on the lower level and a residential apartment on the upper level.
Perched along one of Austinmer's most exclusive streets, the property occupies a prime location a mere 400 meters from world-class Austinmer Beach and Rock Pool.
Boasting a dramatic escarpment backdrop, this tree-lined street enjoys a lot of foot traffic given its fantastic placement, nestled between the Austinmer Train Station and the beach. Set in the heart of a flourishing hub of activity, this standout property is surrounded by long term established local businesses including a hairdresser, veterinary hospital, boutique shops, and churches.
Popular with locals and holidaymakers alike, Austinmer enjoys a central location on the Illawarra Coast and is readily accessible from the highway, located approximately 15kms from Wollongong and 75kms from Sydney.
PROPERTY
Standing tall at the end of a row of original shops, the traditional facade of this 2 story building has been well-maintained and gives a nod to its heritage past with unique architecture and solid brick construction.
The iconic "Fireworks Caf" operates from the 65m2 (approx.) commercial premises residing on the lower level. This retro/industrial style caf is a favourite amongst the locals serving up coffee, lunch and an all-day breakfast. Equipped with a full-size commercial kitchen and a huge pantry, the caf offers indoor/outdoor seating.
On the upper level, with its own separate access, is a residential apartment showcasing 2 large bedrooms, kitchen, bathroom and a separate dining and lounge. A front balcony offers stunning views of the escarpment, whilst a utility room and 2 extra toilets provide additional storage and washroom services for the caf downstairs.
Outside, a tropical paradise of lush trees and established gardens provide a tranquil escape from the busy caf life with plenty of shady trees to sit under and relax. Fully fenced and perched on a 235.7m2 (approx.) level grassy block.
LIFESTYLE
Rarely does a property of this caliber come to market. Versatile and flexible to meet the needs of the new owners this is an investment opportunity that comes with the potential to secure 2 income streams. Alternatively, consider living the ultimate beachside lifestyle in the upstairs unit, while the premises downstairs brings in some extra cash to help pay down the mortgage. Presenting to the market for the time in history, you will need to act quickly if you would like to secure this iconic piece of Austinmer history. Call now to arrange an inspection today.
Open by Appointment
Property History for 40 Moore St, Austinmer, NSW 2515
- 08 Jul 2019Sold for $1,400,000
- 27 Mar 2019Listed for Sale Price Guide $1,300,000 - $1,400,000
- 31 May 2018Sold
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About Austinmer 2515
The size of Austinmer is approximately 3.4 square kilometres. It has 14 parks covering nearly 93% of total area. The population of Austinmer in 2011 was 2,452 people. By 2016 the population was 2,559 showing a population growth of 4.4% in the area during that time. The predominant age group in Austinmer is 50-59 years. Households in Austinmer are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Austinmer work in a professional occupation. In 2011, 76.2% of the homes in Austinmer were owner-occupied compared with 76.5% in 2016.
Austinmer has 1,233 properties. Over the last 5 years, Houses in Austinmer have seen a 67.39% increase in median value, while Units have seen a 50.35% increase. As at 31 October 2024:
- The median value for Houses in Austinmer is $2,006,386 while the median value for Units is $1,167,399.
- Houses have a median rent of $1,045 while Units have a median rent of $610.
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