OFF MARKET

1 Burra Place
Shellharbour City Centre NSW 2529

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1139m2
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Property Details for 1 Burra Pl, Shellharbour City Centre

Building Type
Commercial
Land Size
1139m2
Local Government
Shellharbour
Lot/Plan
CP/SP83044

Last Listing description (August 2021)

WHK Commercial are delighted to offer this double story commercial asset to the market, For Sale.

Located in the highly sought after Shellharbour City Centre Retail hub and ideally situated on the corner of Burra Pl and New Lake Entrance Rd, 1 Burra Pl is the focal point of all passer-by traffic and enjoys full tenancy up to April 2023 with options extending to 2045.

Positioned adjacent to Stockland Shellharbour and within walking distance to high profile medical facilities and the entertainment and dining quarter, this property presents a solid investment and strong returns.

* Long term Leases with options extending to 2025 and up to 2045

* Quality tenancies including Professional services and restaurant

* Net Rental $349,527.24 PA

* 1499 sqm of lettable area on 1141sqm block

* Prominent corner location with high foot & vehicle passer by traffic

* Basement Parking for staff and visitors for 17+ Cars and storage rooms

Property History for 1 Burra Pl, Shellharbour City Centre, NSW 2529

A timeline of how this property has performed in the market
  • 13 Apr 2021
    Listed for Sale POA

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About Shellharbour City Centre 2529

The size of Shellharbour City Centre is approximately 0.8 square kilometres. It has 7 parks covering nearly 28.2% of total area. The population of Shellharbour City Centre in 2011 was 22 people. By 2016 the population was 248 showing a population growth of 1027.3% in the area during that time. The predominant age group in Shellharbour City Centre is 80-89 years. Households in Shellharbour City Centre are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Shellharbour City Centre work in a community and personal service occupation. In 2006, 33.3% of the homes in Shellharbour City Centre were owner-occupied compared with 60% in 2011.

Shellharbour City Centre has 851 properties. Over the last 5 years, Houses in Shellharbour City Centre have seen a 59.14% increase in median value, while Units have seen a 31.88% increase. As at 30 November 2024:

  • The median value for Houses in Shellharbour City Centre is $977,915 while the median value for Units is $696,384.
  • Units have a median rent of $620.
There are currently 12 properties listed for sale, and 11 properties listed for rent in Shellharbour city centre on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Shellharbour city centre.

Suburb Insights for Shellharbour City Centre 2529

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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.