139 Popondetta RoadEmerton NSW 2770
Property Details for 139 Popondetta Rd, Emerton
Last Listing description (October 2016)
- Huge 12,010sqm (approx.) land holding over two lots adjacent to Woolworths-anchored Emerton Shopping Village
- Triple nett lease to Redcape Hotel Group with options to 2052
- Current income of $1.16M (approx.) per annum with fixed 3.75% annual increases
- Very strong underlying trading performance ensuring long term rental affordability
Property History for 139 Popondetta Rd, Emerton, NSW 2770
- 19 Mar 2016Listed for Sale EXPRESSIONS OF INTEREST
- 09 Nov 2009Sold for $12,050,000
- 13 Apr 2007Sold for $12,640,000
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About Emerton 2770
The size of Emerton is approximately 0.9 square kilometres. It has 4 parks covering nearly 20.3% of total area. The population of Emerton in 2011 was 2,393 people. By 2016 the population was 2,243 showing a population decline of 6.3% in the area during that time. The predominant age group in Emerton is 0-9 years. Households in Emerton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Emerton work in a machinery operators and drivers occupation. In 2011, 45.9% of the homes in Emerton were owner-occupied compared with 44.2% in 2016.
Emerton has 847 properties.
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