1/17 Laycock StreetCarey Bay NSW 2283
Property Details for 1/17 Laycock St, Carey Bay
Last Listing description (August 2023)
Burgess Rawson is pleased to offer 1/17 Laycock Street, Carey Bay (Lake Macquarie) NSW, to the market for sale via private treaty.
The property has the following investment highlights:
+ New 10 year lease to 2033
+ Fixed annual 3% compounding rental increases, ensuring growth
+ Little Zak's a leading childcare operator with over 45 premium centres across NSW
+ Stunning 110 place childcare strategically located adjoining local shopping village
+ Booming family friendly Lake Macquarie Region with a catchment population of 216,800, growing10.2% since 2016 making it the third-largest regional city in NSW.
+ Popular lifestyle growth hub, offers a seamless commute to Newcastle, Gosford & Sydney
+ Land tax free commercial investment (NSW only)
+ Net Income: $352,000 pa* + GST (rising to $459,280 by 2032)
For Sale via Private Treaty.
Please contact the exclusively appointed team of agents from Burgess Rawson and Commercial Collective for more information.
*Approx
Property History for 1/17 Laycock St, Carey Bay, NSW 2283
- 05 Jul 2023Listed for Sale Contact Agent
- 31 Jul 2020Sold for $825,000
- 24 Mar 2018Listed for Sale Not Disclosed
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0About Carey Bay 2283
The size of Carey Bay is approximately 0.5 square kilometres. It has 4 parks covering nearly 12% of total area. The population of Carey Bay in 2011 was 931 people. By 2016 the population was 903 showing a population decline of 3.0% in the area during that time. The predominant age group in Carey Bay is 60-69 years. Households in Carey Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carey Bay work in a professional occupation. In 2011, 68.3% of the homes in Carey Bay were owner-occupied compared with 69.3% in 2016.
Carey Bay has 523 properties. Over the last 5 years, Houses in Carey Bay have seen a 80.91% increase in median value, while Units have seen a 51.62% increase. As at 31 October 2024:
- The median value for Houses in Carey Bay is $957,175 while the median value for Units is $836,857.
- Houses have a median rent of $525 while Units have a median rent of $435.
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