SOLD
Sold on 17 May 2024 for $775,000

5 Budgewoi Circle
Budgewoi NSW 2262

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 607m2
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Property Details for 5 Budgewoi Cir, Budgewoi

Building Type
Commercial
Land Size
607m2
Local Government
Central Coast
Lot/Plan
28/DP13565

Last Listing description (September 2024)

Are you seeking a workspace by the water? Look no further! We present an exceptional opportunity in Budgewoi.

The 136m2 approx. single-story premises includes:

Triple street facing glass windows
Two bathrooms with showers
Kitchenette
Air-conditioning
Amazing exposure opportunity on both sides of the property

The property also features a fenced and concreted yard at the rear of the building overlooking Budgewoi Creek, the waterway that connects Budgewoi Lake and Lake Munmorah. This yard could be utilised for storage, parking or even a source of income.

Located under 20 kilometres from the M1, Budgewoi offers a great community feel with neighbouring cafes and restaurants bringing both locals and tourists to the area.

Previously used as Physiotherapy Clinic, the property would suit a similar use. However, the applicable zoning for the property is E1 (Local Centre) which offers a multitude of differing uses (STCA).

Don't miss out on this unique opportunity. For more information or to arrange an inspection, please contact Tom Bore 0402 938 144 today.

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Property History for 5 Budgewoi Cir, Budgewoi, NSW 2262

A timeline of how this property has performed in the market
Last Sold
$775,000
17 May 2024
Listed for Rent
$671/w
14 Mar 2024
  • 17 May 2024
    Sold for $775,000
  • 27 Feb 2024
    Listed for Sale Sold
  • 24 Nov 2023
    Listed for Rent $35,000 / year
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About Budgewoi 2262

The size of Budgewoi is approximately 3.1 square kilometres. It has 15 parks covering nearly 44.5% of total area. The population of Budgewoi in 2011 was 3,254 people. By 2016 the population was 3,348 showing a population growth of 2.9% in the area during that time. The predominant age group in Budgewoi is 50-59 years. Households in Budgewoi are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Budgewoi work in a trades occupation. In 2011, 65.1% of the homes in Budgewoi were owner-occupied compared with 66.6% in 2016.

Budgewoi has 1,862 properties. Over the last 5 years, Houses in Budgewoi have seen a 64.25% increase in median value, while Units have seen a 49.44% increase. As at 30 November 2024:

  • The median value for Houses in Budgewoi is $729,150 while the median value for Units is $531,844.
  • Houses have a median rent of $530 while Units have a median rent of $450.
There are currently 19 properties listed for sale, and 11 properties listed for rent in Budgewoi on OnTheHouse. According to CoreLogic's data, 81 properties were sold in the past 12 months in Budgewoi.

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Ben Purdue
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Tom Bore
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LJ Hooker Commercial Terrigal
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