SOLD
Sold on 07 Dec 2023 for $519,000

1/120 Industrial Road
Oak Flats NSW 2529

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 162m2
Land area: 4817m2
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Property Details for 1/120 Industrial Rd, Oak Flats

Building Type
Commercial
Floor Size
162m2
Land Size
4817m2
Local Government
Shellharbour
Lot/Plan
1/SP35943

Last Listing description (January 2024)

Set at the front of a boutique complex with great street exposure, this 162m2 warehouse space provides flexibility to run an array of business types. Located in a secure area surrounded by strong business neighbours, it is ideal for storage, industrial, warehouse and/or distribution. Offering easy access to the highway and freeway clients will have ease finding your location.

Included with this warehouse:
- Solar Panels

- 3 phase power
- Roof and wall insulation
- 2 x reverse cycle air-conditioning
- Dual roller door access
- Front showroom/foyer area
- 2 dedicated car parks and an array of visitor parking

Currently utilised as a surfboard manufacturing space, it is setup with spray rooms/bays which can be left is suited.

Council rates: ~$2,200 per annum
Strata rates: ~$762 per quarter

Disclaimer: "The above information has been furnished to us by a third party. We have not verified whether or not the information is accurate and do not have any belief one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate"

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Property History for 1/120 Industrial Rd, Oak Flats, NSW 2529

A timeline of how this property has performed in the market
Last Sold
$519,000
07 Dec 2023
Listed for Rent
$7/w
11 Feb 2022
  • 07 Dec 2023
    Sold for $519,000
  • 14 Sep 2023
    Listed for Sale $519,000
  • 30 Nov 2021
    Listed for Rent $18,200 / week
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About Oak Flats 2529

The size of Oak Flats is approximately 3.7 square kilometres. It has 17 parks covering nearly 11.9% of total area. The population of Oak Flats in 2011 was 6,310 people. By 2016 the population was 6,377 showing a population growth of 1.1% in the area during that time. The predominant age group in Oak Flats is 50-59 years. Households in Oak Flats are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oak Flats work in a trades occupation. In 2011, 76.4% of the homes in Oak Flats were owner-occupied compared with 75.8% in 2016.

Oak Flats has 3,510 properties. Over the last 5 years, Houses in Oak Flats have seen a 64.33% increase in median value, while Units have seen a 51.86% increase. As at 31 October 2024:

  • The median value for Houses in Oak Flats is $940,513 while the median value for Units is $711,038.
  • Houses have a median rent of $630 while Units have a median rent of $620.
There are currently 15 properties listed for sale, and 12 properties listed for rent in Oak flats on OnTheHouse. According to CoreLogic's data, 175 properties were sold in the past 12 months in Oak flats.

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Contact agent
Matt Hutchinson
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First National Coastside Shellharbour
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