1 Tweed Coast RoadBogangar NSW 2488
Property Details for 1 Tweed Coast Rd, Bogangar
1 Tweed Coast Rd, Bogangar is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 711m2. While the property is not currently for sale or for rent, it was last sold in October 2017.
Last Listing description (November 2012)
BUSY BEACHSIDE CAFE RESTAURANT - FULLY LICENSED
HERE LIES AN EXCELLENT OPPORTUNITY TO RUN A CAFE RESTAURANT IN PARADISE, 'HASTINGS POINT'. PALMS IS A CAFE RESTAURANT LOCATED ON TWEED COAST RD IN HASTINGS POINT. IT IS POSITIONED AT ONE OF THE BIGGEST HOLIDAY/ PERMANENT CARAVAN PARKS & RESORTS IN AUSTRALIA AND NEXT TO A BUSY SERVICE STATION. THERE IS A LARGE LOCAL TRADE INCLUDING 8,000 LOCAL RESIDENTS AS WELL AS OVER 400 ONSITE RESIDENTS IN THE RESORT. AS WELL AS THE LOCAL TRADE THE AREA HAS A HUGE NUMBER OF TOURISTS AND SCHOOL GROUPS VISIT ALL YEAR ROUND THAT DINE AT THE RESTAURANT. THE MENU INCUDES TAKEAWAY, DINE IN A LA CARTE', PIZZAS, COFFEE AND MUCH MORE. THE RESTAURANT IS FULLY LICENSED AND CAN SEAT UP TO 96 PATRONS INDOOR AND ALFRESCO. THE BUSINESS IS OPEN 7 DAYS PER WEEK, MAKING IT AN IDEAL FAMILY-RUN BUSINESS. THERE IS 7 EXCELLENT STAFF IN PLACE, WHICH ARE HAPPY TO STAY ON. ALL FIXTURES AND FITTINGS ARE INCLUDED IN THE SALE. MAIN ITEMS INCLUDE: PIZZA OVEN COFFEE MACHINE COOL ROOM FREEZER DOUBLE AND ONE SINGLE FRYER GRILL LARGE STOREROOM THERE IS SO MUSH POTENTIAL TO EXPAND THIS BUSINESS AND TURN AN ALREADY GOOD TURNOVER INTO GREAT PROFITS. ANOTHER BUSINESS OPPORTUNITY HAS ARISEN FOR THE CURRENT OWNERS SO THEY HAVE REDUCED THE PRICE TO SELL IMMEDIATELY. ALONG WITH THE BUSINESS THERE IS AN APARTMENT AVAILABLE TO RENT DIRECTLY ADJACENT TO THE RESTAURANT. THERE IS ALSO 50% VENDOR FINANCE AVAILABLE FOR PURCHASE IF NEEDED. ASK YOURSELF, IS IT TIME FOR A SEA CHANGE? OSCAR VAN MEGCHELEN : 0405791242
Property History for 1 Tweed Coast Rd, Bogangar, NSW 2488
- 17 Oct 2017Sold for $235,000
- 20 Nov 2013Listed for Rent - Price not available
- 14 Aug 2013Listed for Rent - Price not available
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About Bogangar 2488
The size of Bogangar is approximately 6.8 square kilometres. It has 3 parks covering nearly 56.9% of total area. The population of Bogangar in 2011 was 3,099 people. By 2016 the population was 3,072 showing a population decline of 0.9% in the area during that time. The predominant age group in Bogangar is 50-59 years. Households in Bogangar are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bogangar work in a professional occupation. In 2011, 58.6% of the homes in Bogangar were owner-occupied compared with 64.2% in 2016.
Bogangar has 1,805 properties. Over the last 5 years, Houses in Bogangar have seen a 88.24% increase in median value, while Units have seen a 65.84% increase. As at 31 October 2024:
- The median value for Houses in Bogangar is $1,287,336 while the median value for Units is $798,739.
- Houses have a median rent of $850 while Units have a median rent of $720.
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