7 Mitchell StreetNorah Head NSW 2263
Property Details for 7 Mitchell St, Norah Head
7 Mitchell St, Norah Head is a 3 bedroom, 2 bathroom House. The property has a land size of 354m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (October 2024)
Located in the heart of Norah Head with ocean views, this iconic property has multiple rental return options with a current restaurant tenant and Airbnb renovated apartment. Renovated throughout the three bedroom residence that offers private rear entry and walking distance to local beaches plus all Norah Head has to offer.
- Long term secured tenant in restaurant
- Expires 17/8/2027; option of three years plus three years
- Separated access to rear, multiple entry options
- Ocean views, short walk to beach
- Ample parking on site
- Modern renovation on commercial level
- Located in Norah Head beachside village
- Potential for increased investment return
- Strong long term returns with details available on request
KEY DETAILS:
Council Rates $5,412pa
Water Rates $2,020pa
Property History for 7 Mitchell St, Norah Head, NSW 2263
- 11 Sep 2024Listed for Sale Price on request
- 20 Dec 2023Sold
- 27 Jan 2021Listed for Sale SOLD - $765,000
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0About Norah Head 2263
The size of Norah Head is approximately 3.9 square kilometres. It has 9 parks covering nearly 45.1% of total area. The population of Norah Head in 2011 was 1,087 people. By 2016 the population was 1,109 showing a population growth of 2.0% in the area during that time. The predominant age group in Norah Head is 50-59 years. Households in Norah Head are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Norah Head work in a professional occupation. In 2011, 75% of the homes in Norah Head were owner-occupied compared with 78.3% in 2016.
Norah Head has 534 properties. Over the last 5 years, Houses in Norah Head have seen a 76.50% increase in median value, while Units have seen a 84.60% increase. As at 31 October 2024:
- The median value for Houses in Norah Head is $1,108,044 while the median value for Units is $795,055.
- Houses have a median rent of $638.
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