5 Tallyan Point RoadBasin View NSW 2540
Property Details for 5 Tallyan Point Rd, Basin View
Last Listing description (February 2019)
For Sale by Deadline Private Treaty
Closing 4pm AEDT Wednesday 5 December 2018
Versatile 250 sqm building plus parking on large 1,024 sqm landholding
Tallyan Point Road: focal point of Basin View adjacent to boat ramp, childcare centre, shopping centre as well as wider South Coast region
25 km south of Nowra, benefitting from increased tourism, population growth and major road upgrades within 2.5 hrs drive of Sydney
Anchored by long-standing liquor store plus local dance studio
Liquor store: 5 year lease until November 2020 plus option to 2025
Easily managed investment
Net Income: $36,623 pa + GST
Indicative Price: $490,000 (circa 7.5% yield)
Property History for 5 Tallyan Point Rd, Basin View, NSW 2540
- 18 Dec 2018Sold for $551,000
- 06 Nov 2018Listed for Sale Not Disclosed
- 31 May 2017Sold for $85,000
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About Basin View 2540
The size of Basin View is approximately 6.9 square kilometres. It has 8 parks covering nearly 47.6% of total area. The population of Basin View in 2011 was 1,401 people. By 2016 the population was 1,566 showing a population growth of 11.8% in the area during that time. The predominant age group in Basin View is 50-59 years. Households in Basin View are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Basin View work in a trades occupation. In 2011, 78.9% of the homes in Basin View were owner-occupied compared with 74.7% in 2016.
Basin View has 893 properties. Over the last 5 years, Houses in Basin View have seen a 58.42% increase in median value. As at 31 October 2024:
- The median value for Houses in Basin View is $634,725 while the median value for Units is $633,852.
- Houses have a median rent of $570.
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