OFF MARKET

491 Masonite Road
Heatherbrae NSW 2324

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 300m2
Land area: 1584m2
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Property Details for 491 Masonite Rd, Heatherbrae

Building Type
Commercial
Floor Size
300m2
Land Size
1584m2
Local Government
Port Stephens
Lot/Plan
4/DP1021991

Last Listing description (February 2018)

- The property is located on the south-eastern side of the Pacific Highway, just south of the turn-off to Raymond Terrace, at Heatherbrae. The property benefits from a secondary frontage to Clayton Road.
- Access to the site is available for traffic leading in both directions on the Pacific Highway via a roundabout at the turn-off to Raymond Terrace and directly for southbound traffic.
- Forming part of a well-known Pacific Highway service centre, the property is situated alongside high profile tenants including KFC, Hungry Jacks, BP Petrol and Heatherbrae Pies.

- The property is ready to be occupied now with a council approved drive-thru included in the rental. Internally, the property features an open plan layout, private amenities, three phase power, suspended ceiling, fluorescent lighting, and outlet connected to a grease trap.
- Area 300sqm (approx.)
- Rental - $70,000 per annum gross plus GST - 6 MONTHS RENT FREE
- Outgoings are included in the abovementioned rental. The Lessee will be responsible for the Lessee s own business related operating expenses including, but not limited to, electricity, water usage, insurance, internal cleaning, telephones, air conditioning maintenance etc.

Property History for 491 Masonite Rd, Heatherbrae, NSW 2324

A timeline of how this property has performed in the market
Last Sold
$3,500,000
16 Sep 2020
Listed for Rent
$1.34k/w
07 Feb 2018
  • 16 Sep 2020
    Sold for $3,500,000
  • 27 Jun 2019
    Sold for $600,000
  • 11 Dec 2017
    Listed for Rent - Price not available
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About Heatherbrae 2324

The size of Heatherbrae is approximately 12.6 square kilometres. It has 4 parks covering nearly 0.3% of total area. The population of Heatherbrae in 2011 was 492 people. By 2016 the population was 503 showing a population growth of 2.2% in the area during that time. The predominant age group in Heatherbrae is 60-69 years. Households in Heatherbrae are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Heatherbrae work in a trades occupation. In 2011, 59.6% of the homes in Heatherbrae were owner-occupied compared with 36.4% in 2016.

Heatherbrae has 594 properties. Over the last 5 years, Houses in Heatherbrae have seen a 62.66% increase in median value, while Units have seen a 29.89% increase. As at 31 December 2024:

  • The median value for Houses in Heatherbrae is $518,902 while the median value for Units is $380,359.
  • Houses have a median rent of $330.
There are currently 4 properties listed for sale, and 1 property listed for rent in Heatherbrae on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Heatherbrae.

Suburb Insights for Heatherbrae 2324

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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.