SOLD
Sold on 06 Aug 2024 for $2,300,000

42 Bulahdelah Way
Bulahdelah NSW 2423

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3158m2
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Property Details for 42 Bulahdelah Way, Bulahdelah

42 Bulahdelah Way, Bulahdelah is a 0 bedroom, 0 bathroom House. The property has a land size of 3158m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 0 bedroom House sold in Bulahdelah in the last 12 months.

Building Type
House
Land Size
3158m2
Local Government
Mid-Coast
Lot/Plan
202/DP753154

Last Listing description (October 2022)

Stonebridge National Investment Sales is pleased to present to the market Shell Coles Express - 42 Buladelah Way, Bulahdelah for Immediate Sale via Offers to Purchase.

The asset has the follow key investment features:

10 year triple net lease to 2026 + 7 x 10 year options to 2096

Viva Energy Australia - ASX listed tenant providing one quarter of Australia's fuel requirements^, market capitalisation of ~ $4.0 Bn1

Convenience retail giant, Viva Energy network of 1,350+ service stations across Australia; including 700+ Shell Coles Express outlets^

Favourable triple net lease structure, with tenant responsible for all outgoings including land tax and statutory charges

Further provisions ensure tenant is responsible for all structural repairs, maintenance and replacement, including all fuel infrastructure

Commanding 3,158 sqm site with 61m* frontage to Bulahdelah Way, a key tourist route providing direct Pacific Highway access

Conveniently located near IGA, St Joseph's Primary School, Bulahdelah Central School and Bulahdelah Tyre & Mechanical

Bulahdelah Township bound by the Pacific Highway in the MidCoast NSW Region - broader regions population forecast to increase 17.41% to 113,147 by 20362

Fixed 3% annual rent increases

Net Income $165,395 pa* + GST (as at August 2022)

*Approx. ^Viva Energy Australia 1ASX 2Forecast ID

For further information, please contact the Stonebridge team -

Michael Collins | 0404 023 204

Tom Moreland | 0408 072 822

Rorey James | 0439 400 081

Kevin Tong | 0422 848 818

Property Code: 420

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Property History for 42 Bulahdelah Way, Bulahdelah, NSW 2423

A timeline of how this property has performed in the market
Last Sold
$2,300,000
06 Aug 2024
  • 06 Aug 2024
    Sold for $2,300,000
  • 14 Sep 2022
    Sold for $2,050,000
  • 25 May 2022
    Listed for Sale Contact Agent
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About 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 992 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.
There are currently 19 properties listed for sale, and 2 properties listed for rent in Bulahdelah on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Bulahdelah.

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