SOLD
Sold on 13 Sep 2023 for $1,400,000

27 Strathmore Road
Caves Beach NSW 2281

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1574m2
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Property Details for 27 Strathmore Rd, Caves Beach

Building Type
Commercial
Land Size
1574m2
Local Government
Lake Macquarie
Lot/Plan
15/DP251324

Last Listing description (September 2023)

Auction Wednesday 13 September at 11am online

An extremely rare offering in Caves Beach offering an unmatched opportunity in the heart of a tightly held industrial precinct. With a generous site area of 1,575sqm* and a spacious building area of 631sqm*, the site benefits from a workshop, office facility and surplus hardstand. The brick veneer facade adds a touch of elegance to the office space, while the metal cladding workshop area ensures durability and functionality. Multiple roller door access points and a fully fenced perimeter guarantees convenience and security. With surplus hardstand storage, you have ample space to expand or further develop the property. Whether you're looking to invest or occupy, this rare gem presents endless possibilities.

Key features include:

- Site area 1,575sqm*
- Building area 631sqm*
- Fully fenced perimeter
- Workshop and office facility
- Multiple roller doors
- Surplus hardstand storage
- Zoned E4 General Industrial allowing a wide range of uses

*Approximately

Property History for 27 Strathmore Rd, Caves Beach, NSW 2281

A timeline of how this property has performed in the market
Last Sold
$1,400,000
13 Sep 2023
  • 13 Sep 2023
    Sold for $1,400,000
  • 11 Aug 2023
    Listed for Sale Contact Agent
  • 10 Feb 1988
    Sold for $220,000

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About Caves Beach 2281

The size of Caves Beach is approximately 2.6 square kilometres. It has 7 parks covering nearly 27.4% of total area. The population of Caves Beach in 2011 was 3,935 people. By 2016 the population was 4,053 showing a population growth of 3.0% in the area during that time. The predominant age group in Caves Beach is 50-59 years. Households in Caves Beach are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caves Beach work in a professional occupation. In 2011, 78% of the homes in Caves Beach were owner-occupied compared with 80.4% in 2016.

Caves Beach has 1,972 properties. Over the last 5 years, Houses in Caves Beach have seen a 90.11% increase in median value, while Units have seen a 55.14% increase. As at 31 July 2024:

  • The median value for Houses in Caves Beach is $1,214,544 while the median value for Units is $865,983.
  • Houses have a median rent of $760 while Units have a median rent of $520.
There are currently 28 properties listed for sale, and 2 properties listed for rent in Caves beach on OnTheHouse. According to CoreLogic's data, 78 properties were sold in the past 12 months in Caves beach.

Suburb Insights for Caves Beach 2281

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.