23 Bulahdelah WayBulahdelah NSW 2423
Property Details for 23 Bulahdelah Way, Bulahdelah
Last Listing description (July 2016)
OUTSTANDING LIFESTYLE OPPORTUNITY WITH HIGHLY PROFITABLE AND EASY TO RUN DRIVE-THRU LIQUOR SHOP & 18 FULLY REFURBISHED ROOM MOTEL WITH 3BRM RESIDENCE JUST 1 HOUR DRIVE NORTH OF NEWCASTLE & 150 MINUTES DRIVE NORTH OF SYDNEY'S NORTHERN SUBURBS.PROPERTY IS SITUATED OFF PACIFIC H'WAY IN POPULAR STOP OVER TOWNSHIP WITH ALL AMENITIES INCLUDING HIGHLY REGARDED HIGH SCHOOL & HEALTH FACILITIES.THE PROPERTY IS SITUATED CLOSE TO MYALL LAKES NATIONAL PARK, THE GREAT LAKES WATERWAYS AND RECREATIONAL AREAS AND WITHIN 30 MINUTES DRIVE OF SUPERB BEACHES, FOSTER, TUNCURRY & HAWKES NEST.TURNOVER THIS FINANCIAL YEAR WILL EXCEED $1MILLION WITH INCREASING OCCUPANCY ACHIEVED WITH THE REFURBISHED MOTEL SUITES. THE DRIVE-THRU LIQUOR SHOP IS EASILY THE BEST PATRONISED IN THE DISTRICT AND PROVIDES CONSISTENT TURNOVER YEAR IN AND YEAR OUT.THE LARGE LAND PARCEL HAS APPROVAL TO SUBDIVIDE OFF SEVERAL SURPLUS RESIDENTIAL ALLOTMENTS THAT ENJOY EXISTING ROAD FRONTAGES AND SERVICES THAT WILL RETURN IN EXCESS OF $0.5MILLION IF SUBDIVIDED AND SOLD.THIS IS A RARE OPPORTUNITY TO ACQUIRE A PROVEN AND HIGHLY PROFITABLE BUSINESS WITH HUGE UPSIDE OPPORTUNITY.
Property History for 23 Bulahdelah Way, Bulahdelah, NSW 2423
- 16 Mar 2017Sold for $1,400,000
- 16 Mar 2017Sold for $1,400,000
- 13 Jul 2016Listed for Sale $1,500,000
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0About Bulahdelah 2423
The size of Bulahdelah is approximately 172.2 square kilometres. It has 13 parks covering nearly 50.9% of total area. The population of Bulahdelah in 2011 was 1,519 people. By 2016 the population was 1,415 showing a population decline of 6.8% in the area during that time. The predominant age group in Bulahdelah is 60-69 years. Households in Bulahdelah are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bulahdelah work in a trades occupation. In 2011, 72.4% of the homes in Bulahdelah were owner-occupied compared with 73.6% in 2016.
Bulahdelah has 993 properties. Over the last 5 years, Houses in Bulahdelah have seen a 46.85% increase in median value, while Units have seen a 90.51% increase. As at 31 October 2024:
- The median value for Houses in Bulahdelah is $499,703 while the median value for Units is $616,539.
- Houses have a median rent of $500.
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