OFF MARKET

1 Kiah Lake Road
Berridale NSW 2628

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 22260m2
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Property Details for 1 Kiah Lake Rd, Berridale

Building Type
Commercial
Land Size
22260m2
Local Government
Snowy Monaro Regional
Lot/Plan
X/DP417424

Last Listing description (June 2015)

RESORT BROKERS ID : INV003153 PRIME SNOW FIELDS LOCATION 30 YEAR LEASE WITH EXPERIENCED LEASEHOLDERS CPI ANNUAL INCREASES TENANTS PAY ALL OUTGOINGS MIXED USE FACILITY MOTEL, CABINS, CARAVAN PARKAND 60 POWERED SITES 100 SEAT RESTAURANT WITH FULL COMMERCIAL KITCHEN STRONG REPEAT BUSINESS FROM CHINESE TOUR GROUPS AND SCHOOL BOOKINGS OPPORTUNITY TO FURTHER DEVELOP NB: PROPERTY INSPECTIONS ARE BY APPOINTMENT ONLY

Property History for 1 Kiah Lake Rd, Berridale, NSW 2628

A timeline of how this property has performed in the market
Last Sold
$1,900,000
14 Jul 2015
  • 14 Jul 2015
    Sold for $1,900,000
  • 26 Apr 2015
    Listed for Sale $2,250,000
  • 08 Sep 2003
    Sold for $1,590,000

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About Berridale 2628

The size of Berridale is approximately 233.5 square kilometres. It has 1 park covering nearly 0.2% of total area. The population of Berridale in 2011 was 1,588 people. By 2016 the population was 1,216 showing a population decline of 23.4% in the area during that time. The predominant age group in Berridale is 50-59 years. Households in Berridale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Berridale work in a trades occupation. In 2011, 74.2% of the homes in Berridale were owner-occupied compared with 69.7% in 2016.

Berridale has 1,013 properties. Over the last 5 years, Houses in Berridale have seen a 140.60% increase in median value, while Units have seen a 90.24% increase. As at 31 October 2024:

  • The median value for Houses in Berridale is $684,429 while the median value for Units is $583,356.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 20 properties listed for sale, and 8 properties listed for rent in Berridale on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Berridale.

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