SOLD
RECENT ADVICE
Sold on 13 Nov 2024 for $375,000

1/64 Bold Street
Laurieton NSW 2443

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1011m2
Sold By
PRD Nationwide Laurieton
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Property Details for 1/64 Bold St, Laurieton

Building Type
Commercial
Land Size
1011m2
Local Government
Port Macquarie-Hastings
Lot/Plan
1/SP75165

Last Listing description (December 2024)

Looking for a secure Commercial investment? This Bold Street Commercial building boasts over 160m2 of floor area and is situated in Laurieton's busy main street.

Set in a prime position surrounded by long time and successful businesses such as T-Bones Premium Meats and the ever popular Blue Buffalo Caf, this is a great main street location with continual foot traffic thanks to the nearby Top End Fruit and Veg shop, The Golden Inn Chinese Restaurant, cafes and the pedestrian crossing.

Currently leased to Pearl Bay Framing and Trophies, this popular business has been in Laurieton for 30 years and relocated to this site over 3 years ago to accommodate its growth. Current lease in place until September 2025 with an option to renew for a further 3 years. Gross rent is $33,260 per annum (GST excluded).

Statutory Outgoings (strata fees and council rates) total approx. $7,070.00.

Important information:
* Strata titled building. Shop 1 is the largest of the buildings in a complex of four. All four shops owned by individuals (no multiple owners)
* Zoned E1 Local Centre
* Large shared car parking for tenants at the rear
* Rear access via public laneway
* Excellent exposure in main street location
* BUSINESS IS NOT FOR SALE

* ALL BOUNDARY MARKINGS ARE APPROXIMATE
* $385,000 (no GST as going concern)

We have obtained all information from sources we believe to be reliable; however we cannot guarantee it's accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 1/64 Bold St, Laurieton, NSW 2443

A timeline of how this property has performed in the market
Last Sold
$375,000
13 Nov 2024
  • 13 Nov 2024
    Sold for $375,000
  • 05 Sep 2024
    Listed for Sale $385,000
  • 09 Mar 2023
    Sold
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About Laurieton 2443

The size of Laurieton is approximately 4.3 square kilometres. It has 9 parks covering nearly 35% of total area. The population of Laurieton in 2011 was 1,930 people. By 2016 the population was 2,007 showing a population growth of 4.0% in the area during that time. The predominant age group in Laurieton is 60-69 years. Households in Laurieton are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Laurieton work in a community and personal service occupation. In 2011, 63.1% of the homes in Laurieton were owner-occupied compared with 64% in 2016.

Laurieton has 1,702 properties. Over the last 5 years, Houses in Laurieton have seen a 50.84% increase in median value, while Units have seen a 53.91% increase. As at 30 November 2024:

  • The median value for Houses in Laurieton is $732,328 while the median value for Units is $569,299.
  • Houses have a median rent of $550 while Units have a median rent of $430.
There are currently 17 properties listed for sale, and 2 properties listed for rent in Laurieton on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Laurieton.

Suburb Insights for Laurieton 2443

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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.