9/16 Washington AvenueNiagara Park NSW 2250
Property Details for 9/16 Washington Ave, Niagara Park
9/16 Washington Ave, Niagara Park is a 0 bedroom, 0 bathroom Unit. The property has a land size of 57m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (May 2023)
LJ Hooker Commercial Terrigal are proud to announce this fantastic opportunity to secure a solid, long term tenanted investment on the booming NSW Central Coast.
Featuring a strong tenancy in the Cake & Plate - Dessert Bar & Retail Emporium being situated in the premises since the early parts of the business's development, the now very popular business has had loyal following of local and out of area consumers.
The premises benefits from the high foot traffic the community centre provides, an open plan internal layout, full commercial kitchen area with production system in place along with a cool room and service area.
Comprising of 145m2 lettable area with a balance of being internal and external seating areas the premises heavily suits the community vibe and takes full advantage of the location and customer base the property has to offer.
Features include:
5-year lease + 3-year option
Long term established tenancy
Commercial kitchen provisions
Popular community location
Internal and external dining area's
Large centre car park
For more information or to arrange an inspection, please call Ben Purdue 0450 719 600 or Josh Nercessian 0468 880 546 today.
Property History for 9/16 Washington Ave, Niagara Park, NSW 2250
- 14 Apr 2023Sold for $495,000
- 03 Mar 2023Listed for Sale Under Contract
- 03 Apr 2019Sold for $400,000
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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.
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