SOLD
Sold on 23 Mar 2024 for $500,500

25/16 Washington Avenue
Niagara Park NSW 2250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 151m2
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Property Details for 25/16 Washington Ave, Niagara Park

Building Type
Commercial
Land Size
151m2
Local Government
Central Coast
Lot/Plan
25/SP89362

Last Listing description (October 2023)

The shop is positioned in Niagara Park Shopping Centre, a popular local neighbourhood centre located in the heart of Niagara Park, on the main arterial road through Narara, Niagara Park and Lisarow. The centre provides a great convenience offering to the local community and benefits from its proximity to the Railway and Bus Stop, being located at the doorstep.

This versatile 151sqm premises is positioned in the forecourt area of the Niagara Plaza Shopping Centre and is accessed via the prominent, wide, glazed shopfront facing the forecourt.

The Centre has a wide variety of retail services including The Valley Tavern, Spar Supermarket, Sara Lee Factory Outlet, Little Miracles Childcare and 5 Star Swim School to name a few.

The premises is regular in shape, making it easy to fit out. There is great natural light flow via the extra-wide glazed shopfront as well as windows on the rear wall.

The premises offers a mix of vinyl and concrete flooring, split system air conditioning, multiple ceiling fans, kitchenette and a storage area at the rear of the premises.

In addition to the front access point, the site also offers rear door access, ideal for deliveries and an additional exit point of discrete ingress/egress for occupants.

The centre benefits from ample on-site parking, common amenities and a landmark location!

Available immediately.

Property History for 25/16 Washington Ave, Niagara Park, NSW 2250

A timeline of how this property has performed in the market
Last Sold
$500,500
23 Mar 2024
Listed for Rent
17 Oct 2023
  • 23 Mar 2024
    Sold for $500,500
  • 16 May 2023
    Listed for Sale $499,000 + GST | $35,000 Per Annum Net + GST
  • 14 Sep 2022
    Listed for Rent $35,000 / year
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About Niagara Park 2250

The size of Niagara Park is approximately 3.8 square kilometres. It has 9 parks covering nearly 5.2% of total area. The population of Niagara Park in 2011 was 2,814 people. By 2016 the population was 2,771 showing a population decline of 1.5% in the area during that time. The predominant age group in Niagara Park is 50-59 years. Households in Niagara Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Niagara Park work in a professional occupation. In 2011, 71.5% of the homes in Niagara Park were owner-occupied compared with 72.4% in 2016.

Niagara Park has 1,155 properties. Over the last 5 years, Houses in Niagara Park have seen a 63.23% increase in median value, while Units have seen a 30.62% increase. As at 31 October 2024:

  • The median value for Houses in Niagara Park is $937,420 while the median value for Units is $663,362.
  • Houses have a median rent of $605 while Units have a median rent of $550.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Niagara park on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Niagara park.

Suburb Insights for Niagara Park 2250

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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.