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Sold on 08 Jul 2024 - Price Unavailable

16/44 Linden Avenue
Eleebana NSW 2282

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 178m2
Land area: 222m2
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Property Details for 16/44 Linden Ave, Eleebana

Building Type
Commercial
Floor Size
178m2
Land Size
222m2
Local Government
Lake Macquarie
Lot/Plan
16/SP35323

Last Listing description (July 2024)

The one and only commercial premises left in Eleebana. Don't miss out! Tightly held investment, perfect for owner-operators or professional offices.

Featuring three separate tenancies with current continuing leases for all three units. The property totaling 178m2 is located 18kms from Newcastle CBD, this highly exposed property offers great visibility to showcase your business.

Central location and close proximity to key central hubs, such as Charlestown, Warners Bay, Belmont and Toronto.

Other notable features include;

- 5.5% Approx. Yield.
- 100 percent leased
- 3 Office/showroom
- Covered awning area
- Great signage opportunity

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Property History for 16/44 Linden Ave, Eleebana, NSW 2282

A timeline of how this property has performed in the market
Last Sold
08 Jul 2024
Listed for Rent
$383/w
16 Jan 2023
  • 08 Jul 2024
    Sold for $525,150
  • 23 Apr 2024
    Listed for Sale $519,950 - $569,950
  • 17 Jun 2022
    Listed for Sale $675,000 - $745,000
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About Eleebana 2282

The size of Eleebana is approximately 4.7 square kilometres. It has 25 parks covering nearly 14.7% of total area. The population of Eleebana in 2011 was 5,497 people. By 2016 the population was 5,745 showing a population growth of 4.5% in the area during that time. The predominant age group in Eleebana is 50-59 years. Households in Eleebana are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eleebana work in a professional occupation. In 2011, 88.6% of the homes in Eleebana were owner-occupied compared with 88.4% in 2016.

Eleebana has 2,561 properties. Over the last 5 years, Houses in Eleebana have seen a 70.96% increase in median value, while Units have seen a 65.82% increase. As at 31 August 2024:

  • The median value for Houses in Eleebana is $1,229,140 while the median value for Units is $847,590.
  • Houses have a median rent of $720 while Units have a median rent of $345.
There are currently 10 properties listed for sale, and 5 properties listed for rent in Eleebana on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Eleebana.

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Contact agent
Paul Campbell
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LJ Hooker Warners Bay
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