129 Wagonga St, Narooma is a 3 bedroom, 1 bathroom Unit. The property has a land size of 677m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Great opportunity to secure this prominent main street building which is now offered for sale for the first time in nearly 20 years. This property represents a rare opportunity to acquire a large freehold commercial asset with residence above, located in the heart on Narooma on the far South Coast. (Note: Premises for sale only, not the businesses)
Highlights of the property.
Commercial shops street level:
- Large commercial premises currently leased as two separate shops but could be three separate shops all with their electricity meter board and own front door entry off the main street.
- Shop 1, 2 and 3 total of 370m2 approximately.
- Great street appeal and visibility.
- Large shop front display windows.
- Right in the heart of the main shopping district of Narooma.
Basement area and ground floor:
- Extensive basement areas, currently used as storage 258m2 approximately.
- Roller door into storage space/office space.
- Two separate toilets
- Separate laundry
- Private rear parking for 8 cars.
Upstairs Residence:
- Floor space internal 174m2 and balcony 15m2 approximately.
- Stunning ocean and inlet views
- 3 large bedrooms plus a study
- Massive retro kitchen and open plan dinning and family space with water views.
- Huge separate lounge room
- Large Bathroom.
- Covered deck with stunning water views.
- New roof & new Colorbond facade.
- New windows.
For more information including current tenancies in place, contact Dee on 0421 748 610.
Property Code: 365
The size of Narooma is approximately 120 square kilometres. It has 11 parks covering nearly 69.2% of total area. The population of Narooma in 2011 was 2,416 people. By 2016 the population was 2,611 showing a population growth of 8.1% in the area during that time. The predominant age group in Narooma is 60-69 years. Households in Narooma are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Narooma work in a trades occupation. In 2011, 68.6% of the homes in Narooma were owner-occupied compared with 69.1% in 2016.
Narooma has 2,497 properties. Over the last 5 years, Houses in Narooma have seen a 62.57% increase in median value, while Units have seen a 93.10% increase. As at 31 October 2024:
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