3/141-151 Taren Point RoadTaren Point NSW 2229
Property Details for 3/141-151 Taren Point Rd, Taren Point
Last Listing description (August 2023)
Taylor Nicholas are proud to offer for sale, via AUCTION, a rare chance to secure a prized investment in a prime location.
Located on the corner of Taren Point and Box Road, this prominent high profile industrial facility enjoys direct exposure off Taren Point Road.
Features include:
- 314sqm industrial unit/showroom
- Additional tenant installed mezzanine: 270sqm
- New 5+5 year net lease to an established business
- Tenant has been trading from the unit in excess of 20 years and occupies the 2 adjoining units as well
- Annual net rental of $92,000 + GST + outgoings
- 6 x parking spaces with additional public parking adjacent to Gwawley Oval
- 'Lock away' commercial investment with reliable rental income and stable future growth
Property History for 3/141-151 Taren Point Rd, Taren Point, NSW 2229
- 15 Aug 2023Sold for $1,500,000
- 17 Jul 2023Listed for Sale Contact Taylor Nicholas
- 14 Jun 1988Sold for $265,000
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0About Taren Point 2229
The size of Taren Point is approximately 3.5 square kilometres. It has 6 parks covering nearly 4.5% of total area. The population of Taren Point in 2011 was 1,681 people. By 2016 the population was 1,715 showing a population growth of 2.0% in the area during that time. The predominant age group in Taren Point is 80-89 years. Households in Taren Point are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Taren Point work in a professional occupation. In 2011, 82.4% of the homes in Taren Point were owner-occupied compared with 73.6% in 2016.
Taren Point has 1,411 properties. Over the last 5 years, Houses in Taren Point have seen a 45.18% increase in median value, while Units have seen a 41.21% increase. As at 31 December 2024:
- The median value for Houses in Taren Point is $2,342,255 while the median value for Units is $1,358,658.
- Houses have a median rent of $1,275 while Units have a median rent of $900.
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