SOLD
RECENT ADVICE
Sold on 28 May 2024 for $1,425,000

32-34 Princes Highway
Dapto NSW 2530

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 249m2
Land area: 810m2
Save

Property Details for 32-34 Princes Hwy, Dapto

Building Type
Commercial
Floor Size
249m2
Land Size
810m2

Last Listing description (May 2024)

Jayden Bennett and Ray White Kiama are proud to present an outstanding opportunity to invest in a rare, tightly held commercial space right in the heart of Dapto. Perfectly situated in a prime main street location with an abundance of foot traffic and high visibility, this property offers a spacious 810sqm* block housing three interconnected commercial shops all with reliable tenants in place.

• Exciting and rare commercial investment opportunity
• Expansive 810m2* parcel of land in prime main street location

• 3 shops all with reliable tenants and leases in place
• Only 250m walk to Dapto Mall and the city centre
• 1.2:1 FSR with 11m building height limit
• Zone E3 - Productivity Support (Wollongong LEP)
• Easy access to the M1 motorway on/off ramps to Wollongong/Sydney

This investment is a testament to stability and consistent returns, with a prime and convenient location within Dapto's thriving local economy coupled with the reliability of the existing tenants creates a secure investment for those seeking a steady income stream. This property promises not only immediate financial stability, but also the potential for future development and improvements (STCA)^.

For more information please don't hesitate to call Jayden Bennett directly on 0435 715 829 or email jayden.bennett@raywhite.com

* Approximately
^ Subject to council approval

DISCLAIMER: Ray White Kiama has taken all care in preparing this information and used its best endeavours to ensure that the information contained therein is true and accurate, however, accepts no responsibility in respect of any errors, inaccuracies or misstatements contained herein. Ray White Kiama urges all clients to make their own enquiries to verify the information contained herein.

Property History for 32-34 Princes Hwy, Dapto, NSW 2530

A timeline of how this property has performed in the market
Last Sold
$1,425,000
28 May 2024
  • 28 May 2024
    Sold for $1,440,000
  • 30 Apr 2024
    Listed for Sale Under Offer

Commute Calculator

About Dapto 2530

The size of Dapto is approximately 7.7 square kilometres. It has 25 parks covering nearly 13.9% of total area. The population of Dapto in 2011 was 10,734 people. By 2016 the population was 10,704 showing a population decline of 0.3% in the area during that time. The predominant age group in Dapto is 10-19 years. Households in Dapto are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dapto work in a trades occupation. In 2011, 74.9% of the homes in Dapto were owner-occupied compared with 73.4% in 2016.

Dapto has 5,181 properties. Over the last 5 years, Houses in Dapto have seen a 57.46% increase in median value, while Units have seen a 48.09% increase. As at 31 October 2024:

  • The median value for Houses in Dapto is $769,820 while the median value for Units is $635,925.
  • Houses have a median rent of $590 while Units have a median rent of $530.
There are currently 15 properties listed for sale, and 10 properties listed for rent in Dapto on OnTheHouse. According to CoreLogic's data, 240 properties were sold in the past 12 months in Dapto.

Suburb Insights for Dapto 2530

Market Insights
Dapto Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Dapto Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Jayden Bennett
Show contact details
Ray White Kiama
Preferred contact:
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.