54 Araluen DriveKillcare NSW 2257
Property Details for 54 Araluen Dr, Killcare
Last Listing description (August 2021)
Exceptional opportunity to secure a unique commercial property in the blue ribbon coastal holiday hotspot of Killcare.
Tightly held in the one family for generations, this outstanding commercial complex offers 8 unique, fully leased tenancies on A grade leases. Leases feature full outgoing contributions and strong annual rent increases.
We proudly present the heritage listed "Old Killcare Store" built in the late 1920's and an adjoining modern top class complex of 5 new shops built in 2006 featuring 7 under cover carparks.
The complex provides retail and dining spaces surrounded by sub-tropical gardens. Only metres from the water's edge of Hardy's Bay and minutes from the Bouddi National Park and Killcare Beach.
A unique opportunity to purchase one of only a handful of commercial properties in Killcare - a favourite playground of Sydneysiders.
This landmark commercial property includes stable long term tenants and has offered no vacancies for decades.
A strong feature of this investment property is its ability to offer the Investor a prominent waterfront reserve location, in a high growth coastal suburb whilst boasting strong rental returns.
To request a information memorandum please email andrew.tregent@peninsula.rh.com.au.
Disclaimer: We have obtained all information herein from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property History for 54 Araluen Dr, Killcare, NSW 2257
- 26 May 2021Sold for $6,500,000
- 26 Mar 2021Listed for Sale For Sale By Negotiation
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0About Killcare 2257
The size of Killcare is approximately 2.5 square kilometres. It has 5 parks covering nearly 38.4% of total area. The population of Killcare in 2011 was 456 people. By 2016 the population was 458 showing a population growth of 0.4% in the area during that time. The predominant age group in Killcare is 60-69 years. Households in Killcare are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Killcare work in a professional occupation. In 2011, 73.9% of the homes in Killcare were owner-occupied compared with 82.4% in 2016.
Killcare has 502 properties. Over the last 5 years, Houses in Killcare have seen a 68.84% increase in median value, while Units have seen a 25.66% increase. As at 31 October 2024:
- The median value for Houses in Killcare is $1,695,181 while the median value for Units is $1,023,620.
- Houses have a median rent of $850.
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