28/14 Kam CloseMorisset NSW 2264
Property Details for 28/14 Kam Cl, Morisset
Last Listing description (February 2024)
Excellent investment opportunity available within the expanding Morisset industrial and business precinct. Conveniently located minutes from the M1, within a highly sought after estate, the property has exposure to Wyee Rd and overlooks the highly anticipated Cedar Mill entertainment precinct.
Morisset has experienced unprecedented growth over the last decade. Ongoing demand for commercial and industrial properties continues as more and more businesses are attracted to the Morisset industrial precinct.
With more projects in the immediate area underway, the industrial and commercial precinct will continue to grow by way of strength an demand
• Life & Home homemaker center (including Bunnings, Oporto, Hungry Jacks, Oz Education childcare, Pet Quarters, Genesis Health& Fitness)
• Gimberts Road Industrial Sub division
Directly across from the highly anticipated Cedar Mill development, currently under construction and having the capacity to accommodate 30,000 spectators - being the state's newest event, music and festival venue.
• 3 Year Lease commenced 8/11/2023
• Lessee Perry Homes (Aust) Pty Ltd
• Rent - $28,818 per annum + outgoings + GST
• Tenant responsible for outgoings as per lease
• CPI Increases Annually
• 2 Month Bond & Personal Guarantee
Strata Size of Unit
104m2 Ground Floor
35m2 Mezzanine Office
Car Parking
Garden Space
Total Strata Area - 174m2
For Sale - $490,000 (NO GST)
For further details and inspections
Brad Rogers
RWC Central Coast
0459 921 122
brad.rogers@raywhite.com
Property History for 28/14 Kam Cl, Morisset, NSW 2264
- 06 Feb 2024Sold for $490,000
- 18 Jan 2024Listed for Sale INVESTMENT SALE - $490,000 (NO GST)
- 06 Oct 2023Listed for Sale $150-$150 ANNUALLY
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0About Morisset 2264
The size of Morisset is approximately 26.9 square kilometres. It has 25 parks covering nearly 50.9% of total area. The population of Morisset in 2011 was 2,856 people. By 2016 the population was 3,237 showing a population growth of 13.3% in the area during that time. The predominant age group in Morisset is 70-79 years. Households in Morisset are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Morisset work in a professional occupation. In 2011, 69.5% of the homes in Morisset were owner-occupied compared with 63.2% in 2016.
Morisset has 2,935 properties. Over the last 5 years, Houses in Morisset have seen a 85.98% increase in median value, while Units have seen a 29.50% increase. As at 31 August 2024:
- The median value for Houses in Morisset is $875,135 while the median value for Units is $571,148.
- Houses have a median rent of $555 while Units have a median rent of $500.
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