SOLD
Sold on 09 Mar 2024 - Price Unavailable

240 Great Western Highway
Blackheath NSW 2785

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 124m2
Land area: 440m2
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Property Details for 240 Great Western Hwy, Blackheath

Building Type
Commercial
Floor Size
124m2
Land Size
440m2
Local Government
Blue Mountains
Lot/Plan
1/DP1068550

Last Listing description (December 2022)

This Cafe/Restaurant is located in the main shopping strip in the Blackheath and has excellent exposure. Run successfully as a Cafe for many years, this prime site is now being offered for Lease. Large dining room, with commercial kitchen and preparation area, plus 2 rooms at the rear. There is also plenty of storage, with 4 outdoor storage rooms and off street parking with rear lane access at the rear. The weekly rent is $850.00 per week +GST and Outgoings.

Property History for 240 Great Western Hwy, Blackheath, NSW 2785

A timeline of how this property has performed in the market
Last Sold
09 Mar 2024
Listed for Rent
$847/w
15 Dec 2022
  • 09 Mar 2024
    Sold
  • 29 Nov 2022
    Listed for Rent $44,200 / year

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About Blackheath 2785

The size of Blackheath is approximately 32.7 square kilometres. It has 29 parks covering nearly 20.7% of total area. The population of Blackheath in 2011 was 4,569 people. By 2016 the population was 4,394 showing a population decline of 3.8% in the area during that time. The predominant age group in Blackheath is 60-69 years. Households in Blackheath are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blackheath work in a professional occupation. In 2011, 73.6% of the homes in Blackheath were owner-occupied compared with 73.3% in 2016.

Blackheath has 3,578 properties. Over the last 5 years, Houses in Blackheath have seen a 57.30% increase in median value, while Units have seen a 18.11% increase. As at 30 September 2024:

  • The median value for Houses in Blackheath is $862,316 while the median value for Units is $481,872.
  • Houses have a median rent of $530.
There are currently 30 properties listed for sale, and 6 properties listed for rent in Blackheath on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Blackheath.

Suburb Insights for Blackheath 2785

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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.