3 Shoalhaven StreetKiama NSW 2533
Property Details for 3 Shoalhaven St, Kiama
Last Listing description (February 2024)
Robert Moore and Ray White Kiama are proud to present an outstanding opportunity to invest in a prime, tightly held commercial space right in the heart of Kiama. This property is perfectly situated across the road from Kiama's boat harbour where the weekend markets are held and part of the 'Sebel Harbourside Hotel' which is operated by internationally renowned hotel company 'Accor'. Its prime location in the heart of Kiama is unrivalled, offering immediate access to the beachfront and town's vibrant centre.
What makes this offering even more compelling is the secure lease in place with a long tenured and highly successful tenant, making it a rare find in this charming coastal town. Here, you have the chance to invest in a property that is being offered to the market for the first time in 17 years and is not only an attractive business proposition but also a piece of Kiama's unique charm and thriving community, making it a truly exceptional opportunity for the discerning investor.
Key Features
Strategic Location: The commercial space is conveniently located within the Sebel Hotel complex which allows for not only the high amount of foot traffic driven from the vibrant town centre but the site is provided with an additional captive market from hotel guests and staff.
Strong Economic Growth: Kiama has experienced steady economic growth in recent years, driven by its thriving tourism industry, vibrant community, and proximity to Sydney. This property is well-positioned to capitalize on the area's economic upswing.
Tourist Hub: Kiama is renowned for its breathtaking coastal landscapes, including the famous Kiama Blowhole, beautiful beaches, and a picturesque town centre. As a result, it attracts a steady flow of tourists year-round, providing an excellent customer base for businesses in the area.
Investment Potential: Kiama's property market has shown resilience and appreciation over time. Acquiring this commercial space offers not only an immediate opportunity but also the potential for long-term capital growth.
Award-Winning Town: Because of its superb natural beauty, beaches and friendly community feel, Kiama was rated "best town in Australia" in May 2023 by the renowned demographer Bernard Salt.
Important Note to Buyers: The highest or any offer may not be accepted. The Vendor reserves the right, at its absolute discretion, to accept or refuse any offer, bid or proposal from any party or individual, that it considers not in its best interests.
For more information, detailed IM or to organise a personal inspection please don't hesitate to call Robert Moore directly on 0402 047 414 or email robert.moore@raywhite.com
DISCLAIMER: Ray White Kiama has taken all care in preparing this information and used its best endeavours to ensure that the information contained therein is true and accurate, however, accepts no responsibility in respect of any errors, inaccuracies or misstatements contained herein. Ray White Kiama urges all clients to make their own enquiries to verify the information contained herein.
Property History for 3 Shoalhaven St, Kiama, NSW 2533
- 01 Feb 2024Sold for $1,950,000
- 13 Nov 2023Listed for Sale Best Offer (Closing Tue 12 Dec, 5pm)
- 04 Apr 2011Sold for $680,000
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0About Kiama 2533
The size of Kiama is approximately 10 square kilometres. It has 27 parks covering nearly 7.6% of total area. The population of Kiama in 2011 was 6,272 people. By 2016 the population was 6,900 showing a population growth of 10.0% in the area during that time. The predominant age group in Kiama is 60-69 years. Households in Kiama are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kiama work in a professional occupation. In 2011, 68.5% of the homes in Kiama were owner-occupied compared with 71.2% in 2016.
Kiama has 5,099 properties. Over the last 5 years, Houses in Kiama have seen a 92.20% increase in median value, while Units have seen a 39.70% increase. As at 31 August 2024:
- The median value for Houses in Kiama is $1,575,205 while the median value for Units is $836,403.
- Houses have a median rent of $685 while Units have a median rent of $600.
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