SOLD
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Sold on 20 Sep 2024 - Price Unavailable

5-7 North Street
Batemans Bay NSW 2536

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1515m2
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Property Details for 5-7 North St, Batemans Bay

Building Type
Commercial
Land Size
1515m2
Local Government
Eurobodalla
Lot/Plan
CP/SP19685

Last Listing description (September 2024)

Located in the heart of Batemans Bay, the Go Vita Health store has been one of regions most outstanding businesses for more than 25 years.

We often have clients telling us they'd love a sea change, but they're not sure what they can do for work as they are not quite ready to retire, and like the idea of a new challenge. With the current owners ready to move to the next stage of their lives, there is an excellent opportunity for someone to take over this impressive, award winning business and take it to the next level.

With a highly respected reputation of offering excellent customer service and an extensive range of quality products there is huge potential to grow this business with the recent launch of their comprehensive online store. With an effective online marketing strategy, there's no doubt there is significant growth potential with on-line sales locally as well as Australia-wide and overseas.

Batemans Bay is the gateway to the Eurobodalla and is nestled on the banks of the iconic Clyde River. The region offers a relaxed coastal lifestyle and is home to some of the most pristine beaches along Australia's east coast. The region boasts quality public and private schools, has a strong supportive community and is a tourist hotspot destination of choice for Canberrans, Sydney siders and Victorians alike.

The potential for growth is enhanced with the major investment of local infrastructure such as the Bay and Nelligen Bridge upgrades, the new regional hospital, the Moruya airport upgrade, a new performing arts centre and indoor swimming pool complex. There are new upmarket apartment complexes developing along the foreshore and new residential subdivisions being released, with many more in the pipeline.

So, if a new direction in life sounds attractive to you or if you're simply looking to get an excellent return from a successful business please give us a call.

With an average Return on Investment of 42%, full financials and a comprehensive information document are available on request.

There is no doubt this is an exciting time to be investing in this well established, highly respected local business which has performed consistently for over 25 years!

Property History for 5-7 North St, Batemans Bay, NSW 2536

A timeline of how this property has performed in the market
Last Sold
20 Sep 2024
  • 20 Sep 2024
    Sold
  • 12 Jul 2024
    Listed for Sale Under Contract
  • 25 Jun 2021
    Listed for Sale $550,000
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About Batemans Bay 2536

The size of Batemans Bay is approximately 34.6 square kilometres. It has 8 parks covering nearly 95.5% of total area. The population of Batemans Bay in 2011 was 1,432 people. By 2016 the population was 1,518 showing a population growth of 6.0% in the area during that time. The predominant age group in Batemans Bay is 60-69 years. Households in Batemans Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Batemans Bay work in a sales workers occupation. In 2011, 38.3% of the homes in Batemans Bay were owner-occupied compared with 37.5% in 2016.

Batemans Bay has 2,037 properties. Over the last 5 years, Houses in Batemans Bay have seen a 56.41% increase in median value, while Units have seen a 65.69% increase. As at 31 October 2024:

  • The median value for Houses in Batemans Bay is $632,842 while the median value for Units is $497,141.
  • Houses have a median rent of $460 while Units have a median rent of $418.
There are currently 39 properties listed for sale, and 3 properties listed for rent in Batemans bay on OnTheHouse. According to CoreLogic's data, 64 properties were sold in the past 12 months in Batemans bay.

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LJ Hooker Batemans Bay
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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.