OFF MARKET

5 Adin Street
Scotts Head NSW 2447

Bedrooms: 4
Bathrooms: 2
Car spaces: 10
Floor area: 2m2
Land area: 892m2
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Property Details for 5 Adin St, Scotts Head

Building Type
Commercial
Floor Size
2m2
Land Size
892m2
Local Government
Nambucca Valley
Lot/Plan
14/F/DP20823

Last Listing description (February 2016)

An opportunity to get far greater returns than Bank Interest.
This commercial property has a chemist shop, gift shop and 2 x 2 bedroom flats upstairs.With a recent a review of the business leases, and the new pharmacist taking a long term lease with options. This property offers sound stability for a solid long term investment In Scotts Head.
The Nambucca Council is currently giving consideration to a possible re-zoning of the Adin Street presinct which would no doubt make this a more attractive investment property in the future. The current upgrade of the Pacific Highway would also make Scotts Head village an even more desirable location.

Property History for 5 Adin St, Scotts Head, NSW 2447

A timeline of how this property has performed in the market
Last Sold
$427,500
16 Feb 2016
Listed for Rent
$180/w
23 May 2012
  • 16 Feb 2016
    Sold for $427,500
  • 25 Sep 2015
    Listed for Sale $497,000
  • 21 Jul 2015
    Listed for Sale Not Disclosed
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About Scotts Head 2447

The size of Scotts Head is approximately 6.7 square kilometres. It has 1 park covering nearly 69.8% of total area. The population of Scotts Head in 2011 was 821 people. By 2016 the population was 878 showing a population growth of 6.9% in the area during that time. The predominant age group in Scotts Head is 60-69 years. Households in Scotts Head are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Scotts Head work in a professional occupation. In 2011, 68.1% of the homes in Scotts Head were owner-occupied compared with 66.7% in 2016.

Scotts Head has 774 properties. Over the last 5 years, Houses in Scotts Head have seen a 113.50% increase in median value, while Units have seen a 61.94% increase. As at 30 September 2024:

  • The median value for Houses in Scotts Head is $788,042 while the median value for Units is $507,245.
  • Houses have a median rent of $545.
There are currently 9 properties listed for sale, and 1 property listed for rent in Scotts head on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Scotts head.

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