SOLD
Sold on 17 Nov 2023 for $1,900,000

804 Pacific Highway
Marks Point NSW 2280

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 110m2
Land area: 1492m2
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Property Details for 804 Pacific Hwy, Marks Point

Building Type
Commercial
Floor Size
110m2
Land Size
1492m2
Local Government
Lake Macquarie
Lot/Plan
D/DP386579

Last Listing description (September 2023)

The subject property comprises a prominent corner parcel offering 1,492 square metres* of site area. The current improvements extend 645 square metres* across three separate buildings with large secure yard area in addition.

The current building has been utilised and traded successfully as a Tackle World for a number of years, with the internal configuration suited to their multifaceted business including a retail component, office accommodation and a workshop at the rear accessed via Docker Street.

The site benefits from a R2 Low Density Residential zoning and 8.5 metre* height limit with uses such as childcare, health consult rooms, shop top housing allowable (subject to council approval).

For Sale by Expressions of Interest closing Friday 11 August 2023 at 4pm (AEST).

*Approximate.

Property History for 804 Pacific Hwy, Marks Point, NSW 2280

A timeline of how this property has performed in the market
Last Sold
$1,900,000
17 Nov 2023
  • 17 Nov 2023
    Sold for $1,900,000
  • 07 Jul 2023
    Listed for Sale Please contact agent
  • 30 Jun 2008
    Sold for $360,500
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About Marks Point 2280

The size of Marks Point is approximately 1.5 square kilometres. It has 6 parks covering nearly 18.8% of total area. The population of Marks Point in 2011 was 1,731 people. By 2016 the population was 1,814 showing a population growth of 4.8% in the area during that time. The predominant age group in Marks Point is 60-69 years. Households in Marks Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marks Point work in a professional occupation. In 2011, 53% of the homes in Marks Point were owner-occupied compared with 55% in 2016.

Marks Point has 1,014 properties. Over the last 5 years, Houses in Marks Point have seen a 67.58% increase in median value, while Units have seen a 62.52% increase. As at 30 September 2024:

  • The median value for Houses in Marks Point is $1,002,189 while the median value for Units is $622,271.
  • Houses have a median rent of $550 while Units have a median rent of $498.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Marks point on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Marks point.

Suburb Insights for Marks Point 2280

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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.