OFF MARKET

Princes Highway
Nowra Hill NSW 2540

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1511m2
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Property Details for Lot 6 Princes Hwy, Nowra Hill

Building Type
Commercial
Land Size
1511m2
Local Government
Shoalhaven
Lot/Plan
6/DP1126288

Last Listing description (March 2020)

Originally utilised as a very popular truck stop depot. With the availability to re-establish as diesel pumps are still in working order. The log cabin caf' is still operating as before. Ideal for future expansion due to the large size of the site. Nearest servo en route is over 14kms away.

United Petroleum Service Station

- 2.8 hectares
- Land Use 1: General Commercial
- 10 years remaining on current lease for service station
- Rental $280,000 per annum incl GST
- Council Rates $4627 per year (70% paid by lessee)
- Wastage - Effluent $147 per year (70% paid by lessee)
- Water - no charge as tank water ordered and paid by lessee when required

Log Cabin/Caf' [Part of the same site]
- New 3 year lease singed and commences 25th April 2018.
- 1st year rental @ $2200 pcm incl GST
- 2nd & 3rd year @ $3300 pcm incl GST

* Building Size approx. 300m2
All outgoings paid by lessor - except for electricity which is separately metered.

Property History for Lot 6 Princes Hwy, Nowra Hill, NSW 2540

A timeline of how this property has performed in the market
  • 10 May 2018
    Listed for Sale Price Upon Application

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About Nowra Hill 2540

The size of Nowra Hill is approximately 35.5 square kilometres. It has 2 parks. The population of Nowra Hill in 2011 was 1,829 people. By 2016 the population was 2,086 showing a population growth of 14.1% in the area during that time. The predominant age group in Nowra Hill is 20-29 years. Households in Nowra Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nowra Hill work in a trades occupation. In 2011, 84.6% of the homes in Nowra Hill were owner-occupied compared with 91.4% in 2016.

Nowra Hill has 476 properties. Over the last 5 years, Houses in Nowra Hill have seen a 69.32% increase in median value, while Units have seen a 0.73% increase. As at 31 October 2024:

  • The median value for Houses in Nowra Hill is $1,321,261 while the median value for Units is $621,736.
There are currently 5 properties listed for sale, and 1 property listed for rent in Nowra hill on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Nowra hill.

Suburb Insights for Nowra Hill 2540

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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.