OFF MARKET

15 Lamerton Crescent
Shellharbour City Centre NSW 2529

Bedrooms: -
Bathrooms: -
Car spaces: 86
Land area: 1801m2
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Property Details for 15 Lamerton Cres, Shellharbour City Centre

Building Type
Commercial
Land Size
1801m2
Local Government
Shellharbour
Lot/Plan
3000/DP739087

Last Listing description (February 2017)

A rare opportunity to acquire these two adjoining strategic Council owned Properties adjacent to the Stockland Shellharbour Major Regional Centre.
On behalf of Shellharbour City Council, CBRE and MMJ are pleased to offer these rare investment and mixed-use development opportunity at Lamerton Crescent, Shellharbour City Centre. These Properties offer one of the most strategic city centre mixed-use development and investment opportunities in the Illawarra Region.
The Properties benefits from the following features:

- Location adjacent Stockland's $680m+* Shellharbour Major Regional Shopping Centre providing over 75,000sqm NLA of retail amenity at your doorstep
Lot 4000, DP 809913
- A large site area totalling 3,459sqm*
- 3,880.8sqm* total floorspace office building with lower ground retail tenancies
- 4-Star NABERS Energy Rating
- Local Government lease covenant
- Retail tenancies achieving in excess of $680/sqm gross rent (approximate) with opportunity to tenant vacant shops
- Licence to use 86 car spaces (subject to existing Deed of Covenant) within the adjacent Shopping Centre Property
Lot 3000, DP 739807
- A site area of 1,801sqm* consisting of largely vacant land
- B3 Commercial Core (Shellharbour Local Environment Plan 2013) providing for a variety of uses permitted with consent, including office premises, retail premises, shop top housing and seniors housing
The Properties will be sold via Public Auction on Tuesday, 18 August 2015 at 50 Margaret Street, Sydney NSW 2000 from 10:30am (EST).
*approx

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Property History for 15 Lamerton Cres, Shellharbour City Centre, NSW 2529

A timeline of how this property has performed in the market
Last Sold
$1,540,000
14 Nov 2016
  • 14 Nov 2016
    Sold for $1,540,000
  • 09 Jul 2015
    Listed for Sale Not Disclosed
  • 25 Jan 1990
    Sold

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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.

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