SOLD
Sold on 26 Jun 2024 for $2,650,000

135 Industrial Road
Oak Flats NSW 2529

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2807m2
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Property Details for 135 Industrial Rd, Oak Flats

Building Type
Commercial
Land Size
2807m2
Local Government
Shellharbour
Lot/Plan
5/DP258659

Last Listing description (October 2024)

Positioned close to Oak Flats town centre & railway station is this substantial brick & sheet metal building with high ceilings, 2 Storey office building and concrete parking for 27 cars plus motor bikes. Ability to convert into separate small warehouses (STCA) in the future. Very high traffic flow location with ease of access to M1 motor way.

Ease of access to M1 motorway

Zoning: E4 General Industrial
Building area: 950 m2 (approx.)
Land Area: 2,807 (sqm approx.)
Parking: 27 Car spaces plus motor bikes
Current rental: $157,933 PA + GST + 100% outgoing
Lease term: Expiry 22/11/2025
Option: 2 Years

Property History for 135 Industrial Rd, Oak Flats, NSW 2529

A timeline of how this property has performed in the market
Last Sold
$2,650,000
26 Jun 2024
  • 26 Jun 2024
    Sold for $2,650,000
  • 06 Jun 2024
    Listed for Sale $2,950,000
  • 26 Apr 2007
    Listed for Sale Not Disclosed
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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 3,511 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.

Suburb Insights for Oak Flats 2529

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Contact agent
Chris Stylis
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Con Papadopoulos
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LJ Hooker Wollongong
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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.