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Sold on 04 Sep 2024 - Price Unavailable

40 Straight Street
Hat Head NSW 2440

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 85m2
Land area: 276m2
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Property Details for 40 Straight St, Hat Head

Building Type
Commercial
Floor Size
85m2
Land Size
276m2
Local Government
Kempsey
Lot/Plan
101/DP1197303

Last Listing description (September 2024)

In the heart of the unspoilt coastal hamlet of Hat Head, awaits an opportunity for an astute investor, business owner or renovator with an eye for the potential to grab this fantastic takeaway shop and turn it into a thriving lifestyle business.

Zoned Village Development and with an exclusive Australia Post licence, this commercial retail and hospitality business could adapt and evolve into anything the prospective buyer wants it to be. Additionally, STCA, there is the opportunity to develop housing or accommodation on a second story of the existing premise or, knock down and rebuild into a residential premise.

Ideally situated on the main street, with busy foot traffic, and with the growth of holiday accommodation, Air B&B's and day trippers to the pristine beaches, river systems and National Parks of Hat Head and surrounds, this property could lend itself to the continuation of the business or be redeveloped into something different.

The availability to buy property and businesses is rare in this location and this chance to maximise on this opportunity will be brief so call now to have a chat about the potential this property presents.

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Property History for 40 Straight St, Hat Head, NSW 2440

A timeline of how this property has performed in the market
Last Sold
04 Sep 2024
  • 04 Sep 2024
    Sold
  • 12 Apr 2024
    Listed for Sale $450,000
  • 05 Oct 2011
    Sold for $350,000
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About Hat Head 2440

The size of Hat Head is approximately 34.2 square kilometres. It has 1 park covering nearly 93.9% of total area. The population of Hat Head in 2011 was 325 people. By 2016 the population was 322 showing a population decline of 0.9% in the area during that time. The predominant age group in Hat Head is 60-69 years. Households in Hat Head are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hat Head work in a professional occupation. In 2011, 72.2% of the homes in Hat Head were owner-occupied compared with 81% in 2016.

Hat Head has 394 properties. Over the last 5 years, Houses in Hat Head have seen a 62.94% increase in median value, while Units have seen a 94.70% increase. As at 31 August 2024:

  • The median value for Houses in Hat Head is $615,251 while the median value for Units is $496,349.
  • Houses have a median rent of $470.
There are currently 2 properties listed for sale, and no properties listed for rent in Hat head on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Hat head.

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Contact agent
Lizzy Howard
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Dan Edwards
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Harcourts The Rocks
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