3/47 Old Bar RoadOld Bar NSW 2430
Property Details for 3/47 Old Bar Rd, Old Bar
3/47 Old Bar Rd, Old Bar is a 0 bedroom, 1 bathroom Unit. The property has a land size of 668m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (November 2023)
This is a rare offering, with only a handful of commercial properties in Old Bar - these two adjoining shops are currently leased to a long running business with options on the current lease (business not for sale). Shops 2 & 3/47 Old Bar Road occupy a prime position in the heart of the Old Bar business district and offer approximately 102sqm of floorspace (total). All within close proximity to Coles, Medical Centre, Post Office and only 700m to the beach (approximately). With a strong tenancy history and rental income, this commercial property offers a healthy return and an opportunity for growth as there are limited commercial properties in the area. Income and outgoings provided upon request. Call Adam Stevenson to find out more about this unique opportunity.
Property History for 3/47 Old Bar Rd, Old Bar, NSW 2430
- 23 Mar 2022Sold for $370,000
- 19 Jan 2022Listed for Sale Price Guide $750,000
- 12 Jan 2016Sold for $214,000
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0About Old Bar 2430
The size of Old Bar is approximately 24.4 square kilometres. It has 11 parks covering nearly 26.6% of total area. The population of Old Bar in 2011 was 4,271 people. By 2016 the population was 4,415 showing a population growth of 3.4% in the area during that time. The predominant age group in Old Bar is 60-69 years. Households in Old Bar are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Old Bar work in a professional occupation. In 2011, 66.2% of the homes in Old Bar were owner-occupied compared with 67.8% in 2016.
Old Bar has 3,145 properties. Over the last 5 years, Houses in Old Bar have seen a 55.49% increase in median value, while Units have seen a 57.51% increase. As at 31 October 2024:
- The median value for Houses in Old Bar is $759,925 while the median value for Units is $486,224.
- Houses have a median rent of $580 while Units have a median rent of $450.
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