1/2 Commerce DriveLake Illawarra NSW 2528
Property Details for 1/2 Commerce Dr, Lake Illawarra
1/2 Commerce Dr, Lake Illawarra is a 1 bedroom, 1 bathroom House with 10 parking spaces. The property has a land size of 3272m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in August 2016.
Last Listing description (August 2016)
Perfectly located in the hub of the commercial district, ideal for an array of situations for anyone looking to occupy and expand their business or even for the savvy investor looking for a great rental return. (Rental potential $420-$450p/w +GST)
Generous in size this 190sqm (approx) workshop is fully secured in a private gated complex, offering high clearance roller door accessible for trucks and large machinery, endless storage including mezzanine, x2 spacious air conditioned offices perfect for the admin side of things, full well appointed bathroom and loads of off street parking.
This is a prime opportunity to take your business to the next level, this property will prove to be a great asset...
Property History for 1/2 Commerce Dr, Lake Illawarra, NSW 2528
- 25 Aug 2016Sold for $335,000
- 08 Apr 2016Listed for Sale $339,900 Plus GST (if any)
- 10 Feb 2016Listed for Rent - Price not available
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0About Lake Illawarra 2528
The size of Lake Illawarra is approximately 2.1 square kilometres. It has 11 parks covering nearly 24% of total area. The population of Lake Illawarra in 2011 was 3,087 people. By 2016 the population was 3,167 showing a population growth of 2.6% in the area during that time. The predominant age group in Lake Illawarra is 50-59 years. Households in Lake Illawarra are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Illawarra work in a trades occupation. In 2011, 46% of the homes in Lake Illawarra were owner-occupied compared with 46.8% in 2016.
Lake Illawarra has 2,019 properties. Over the last 5 years, Houses in Lake Illawarra have seen a 73.27% increase in median value, while Units have seen a 55.51% increase. As at 31 October 2024:
- The median value for Houses in Lake Illawarra is $889,660 while the median value for Units is $662,315.
- Houses have a median rent of $580 while Units have a median rent of $540.
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