SOLD
RECENT ADVICE
Sold on 18 Sep 2024 for $440,000

1/71 Central Avenue
Oak Flats NSW 2529

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 102m2
Land area: 604m2
Sold By
DiJones Commercial Central Coast
Save

Property Details for 1/71 Central Ave, Oak Flats

Building Type
Commercial
Year Built
2006
Floor Size
102m2
Land Size
604m2
Local Government
Shellharbour
Lot/Plan
6/SP78044

Last Listing description (November 2024)

Don't miss your chance to enter the commercial market. Situated on the main street of Oak Flats is this ideal investment opportunity.

Features include:
- Approx 80 m2 of commercial / retail space

- Currently returning $34,188 pa inc GST + Outgoings
- Property also has rear laneway access to 1 covered car space
- Long term tenant (Kai's Asian Takeaway)

Outgoings approx:
Strata rates - $725.10 a quarter
Water - $360 a quarter
Council - $436.05 a quarter

Monthly Rent:
$2590 + GST per month
100% of Sydney Water Trade Waste and associated costs.

Contact us today to discuss!

Property History for 1/71 Central Ave, Oak Flats, NSW 2529

A timeline of how this property has performed in the market
Last Sold
$440,000
18 Sep 2024
Listed for Rent
$480/w
09 Feb 2024
  • 18 Sep 2024
    Sold for $440,000
  • 23 May 2024
    Listed for Sale $450,000
  • 05 Feb 2024
    Listed for Rent $480 / week
Sign in to see more transactions

Commute Calculator

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 3,520 properties. Over the last 5 years, Houses in Oak Flats have seen a 56.76% increase in median value, while Units have seen a 42.50% increase. As at 30 November 2024:

  • The median value for Houses in Oak Flats is $923,967 while the median value for Units is $698,252.
  • Houses have a median rent of $630 while Units have a median rent of $630.
There are currently 12 properties listed for sale, and 9 properties listed for rent in Oak flats on OnTheHouse. According to CoreLogic's data, 172 properties were sold in the past 12 months in Oak flats.

Suburb Insights for Oak Flats 2529

Market Insights
Oak Flats Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Oak Flats Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.