2/220 Del Monte PlaceCopacabana NSW 2251
Property Details for 2/220 Del Monte Pl, Copacabana
Last Listing description (November 2023)
Amazing investment opportunity for prime position directly opposite the
beach in the stunning coastal town of Copacabana on the NSW Central Coast.
Approx 200 m2 of recently renovated ground floor space, currently occupied with a thriving licensed restaurant on a fixed 4-year lease. As restaurant/cocktail bar it offers seating for approx 90 patrons, liquor lic, coolroom, cellar. Established community which includes local supermarket, bottle shop, medical centre & chemist, hairdressers plus a range of new and established cafes.
- Long term lease in place
- Established area with solid local patronage year round, which swells in popularity during the summer months
- Location is well known and loved for its family friendly patrolled surf beach and relaxed lifestyle
- Just 1 hour north of Sydney, with major shopping/dining such as Terrigal and Erina Fair just 10 minutes away
Property History for 2/220 Del Monte Pl, Copacabana, NSW 2251
- 26 Jan 2024Sold for $1,600,000
- 22 Nov 2023Listed for Sale Pre-auction
- 10 Oct 2019Listed for Rent $68,400 / year
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0About Copacabana 2251
The size of Copacabana is approximately 2.1 square kilometres. It has 3 parks covering nearly 23.9% of total area. The population of Copacabana in 2011 was 2,690 people. By 2016 the population was 2,737 showing a population growth of 1.7% in the area during that time. The predominant age group in Copacabana is 50-59 years. Households in Copacabana are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Copacabana work in a professional occupation. In 2011, 71.9% of the homes in Copacabana were owner-occupied compared with 75% in 2016.
Copacabana has 1,548 properties. Over the last 5 years, Houses in Copacabana have seen a 94.62% increase in median value, while Units have seen a 51.37% increase. As at 31 July 2024:
- The median value for Houses in Copacabana is $1,689,621 while the median value for Units is $1,129,433.
- Houses have a median rent of $805 while Units have a median rent of $550.
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