38/52 President AvenueCaringbah NSW 2229
Property Details for 38/52 President Ave, Caringbah
38/52 President Ave, Caringbah is a 0 bedroom, 0 bathroom Unit with 3 parking spaces and was built in 2004. The property has a land size of 2155m2 and floor size of 201m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 0 bedroom Unit sold in Caringbah in the last 12 months.
Last Listing description (May 2023)
CPG are pleased to present to market for sale this corner positioned retail opportunity, located on the corner of President Avenue and Willarong Road offering 201m* total internal floorspace and a complete glass frontage to President Avenue and passing traffic of 25,000 cars per week* to expose your business to.
52 President Avenue is in prime position on the adjacent corner to landmark Caringbah Shopping Village (Woolworths) which benefits from the traffic of over 2.5 million people per year, and the Caringbah Coles site on the other corner, which has a proposed 10-storey development of 120 apartments and a brand-new 4,073m* Coles supermarket, both generating massive levels of traffic and exposure which will be sure to benefit any business operating from the shop for years to come.
Other Features:
- 201m* on title
- 25m frontage to President Avenue*
- 6 allocated basement car spaces
- Rear lane providing direct access
- Polished concrete floors
- Currently equipped with commercial grade kitchen suitable for caf/restaurant
- Own internal amenities and ducted air-conditioning throughout premises
- Previous and current DA approvals for both fitness/lifestyle use AND caf/restaurant with outdoor seating permitted
- Huge signage and exposure to 25,000 cars per week*
- 5 minute walk to Caringbah Train-Station
- Nearby to other major traffic generating businesses such as Woolworths, Coles, McDonald's, Plus Fitness and Caringbah Medical Centre
- Caringbah Oval at rear of property
For further information or to arrange an inspection, please contact exclusive agents Ryan McMahon 0429 228 460 or Damen Astey 0431 817 616.
*Approximate
Property History for 38/52 President Ave, Caringbah, NSW 2229
- 15 Oct 2024Sold for $1,760,000
- 28 Feb 2023Listed for Sale Contact Agent
- 23 Sep 2019Listed for Rent $15,301 / week
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About Caringbah 2229
The size of Caringbah is approximately 5 square kilometres. It has 18 parks covering nearly 4% of total area. The population of Caringbah in 2011 was 10,955 people. By 2016 the population was 11,673 showing a population growth of 6.6% in the area during that time. The predominant age group in Caringbah is 30-39 years. Households in Caringbah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caringbah work in a professional occupation. In 2011, 62.4% of the homes in Caringbah were owner-occupied compared with 59.9% in 2016.
Caringbah has 8,381 properties. Over the last 5 years, Houses in Caringbah have seen a 48.88% increase in median value, while Units have seen a 26.82% increase. As at 31 October 2024:
- The median value for Houses in Caringbah is $1,798,861 while the median value for Units is $881,061.
- Houses have a median rent of $800 while Units have a median rent of $650.
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