SOLD
Sold on 23 Jul 2024 for $339,000

35 Church Street
Gloucester NSW 2422

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 297m2
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Property Details for 35 Church St, Gloucester

Building Type
Commercial
Land Size
297m2
Local Government
Mid-Coast
Lot/Plan
A/DP116253

Last Listing description (September 2024)

Welcome to 35 Church Street Gloucester! This charming commercial property is now available for sale.

Situated on a 297.2 m2 parcel of land, the property is located in a prime location, with high foot traffic and visibility, making it the perfect spot for a commercial investment. The internal building offers a large front window, front counter, display space and following through to a preparation and storage area. Plenty of parking at the rear of the building plus the public parking facility beyond the rear yard.

Zoned E1 - Local Centre - With a price guide of $339,000, this property presents a fantastic opportunity for investors looking to have a healthy yield of approx 7%. With over 2 years left on the current lease with the popular 'Batter & Dough' patisserie.

Don't miss out on this incredible opportunity to own a commercial property in a sought-after location. Contact us today to schedule a viewing and make this property yours!

For further information or to arrange an inspection, please contact Olivia Harris on 0432 088 234.

Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this document.

Property History for 35 Church St, Gloucester, NSW 2422

A timeline of how this property has performed in the market
Last Sold
$339,000
23 Jul 2024
  • 23 Jul 2024
    Sold for $339,000
  • 17 May 2024
    Listed for Sale $339,000
  • 29 Nov 2023
    Listed for Sale $390,000
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About Gloucester 2422

The size of Gloucester is approximately 58.3 square kilometres. It has 13 parks covering nearly 1.3% of total area. The population of Gloucester in 2011 was 2,877 people. By 2016 the population was 2,955 showing a population growth of 2.7% in the area during that time. The predominant age group in Gloucester is 60-69 years. Households in Gloucester are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gloucester work in a trades occupation. In 2011, 68.1% of the homes in Gloucester were owner-occupied compared with 66.9% in 2016.

Gloucester has 2,075 properties. Over the last 5 years, Houses in Gloucester have seen a 75.27% increase in median value, while Units have seen a 43.04% increase. As at 31 October 2024:

  • The median value for Houses in Gloucester is $500,493 while the median value for Units is $361,033.
  • Houses have a median rent of $470 while Units have a median rent of $290.
There are currently 84 properties listed for sale, and 17 properties listed for rent in Gloucester on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Gloucester.

Suburb Insights for Gloucester 2422

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Contact agent
Olivia Harris
Show contact details
Ray White Rural Lifestyle Sydney
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.