OFF MARKET

17 Wamsley Street
Dora Creek NSW 2264

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1372m2
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Property Details for 17 Wamsley St, Dora Creek

Building Type
Commercial
Land Size
1372m2
Local Government
Lake Macquarie
Lot/Plan
1/DP654586

Last Listing description (December 2020)

Net Income: $240,098pa + GST

With income coming from (7) shops and an ATM as well as (6) upstairs flats all in on a busy corner opposite the railway station, this property offers strong reliable terms from long standing tenants that service the staple needs of the surrounding community. All this in the lakeside suburb of Dora Creek. The building includes:

* Rear on-site and street front parking

* Access to the council car park across the road
* Retail tenants such as, cafe, butcher, seafood, mini-mart, baker, barber and massage
* (4) x Upstairs 2-bedroom flats
* (2) x Upstairs 1-bedroom flats
* Corner site of: 1,374m2 (approx)
* Building area: 1,044m2 (approx)

With the staples of life being catered for with strong independent traders this mixed residential and retail development provides a steady and reliable income for the astute investor

Property History for 17 Wamsley St, Dora Creek, NSW 2264

A timeline of how this property has performed in the market
Last Sold
$2,900,000
07 Dec 2020
Listed for Rent
$123/w
30 May 2009
  • 07 Dec 2020
    Sold for $2,900,000
  • 11 Sep 2020
    Listed for Rent - Price not available
  • 03 Nov 2019
    Listed for Sale EXPRESSIONS OF INTEREST
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About Dora Creek 2264

The size of Dora Creek is approximately 10.3 square kilometres. It has 8 parks covering nearly 3.7% of total area. The population of Dora Creek in 2011 was 1,670 people. By 2016 the population was 1,634 showing a population decline of 2.2% in the area during that time. The predominant age group in Dora Creek is 50-59 years. Households in Dora Creek are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dora Creek work in a professional occupation. In 2011, 74.4% of the homes in Dora Creek were owner-occupied compared with 73.5% in 2016.

Dora Creek has 976 properties. Over the last 5 years, Houses in Dora Creek have seen a 70.46% increase in median value, while Units have seen a 49.93% increase. As at 31 October 2024:

  • The median value for Houses in Dora Creek is $910,272 while the median value for Units is $590,416.
  • Houses have a median rent of $550.
There are currently 30 properties listed for sale, and 5 properties listed for rent in Dora creek on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Dora creek.

Suburb Insights for Dora Creek 2264

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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.