OFF MARKET

11 Maxwell Street
Tea Gardens NSW 2324

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 531m2
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Property Details for 11 Maxwell St, Tea Gardens

11 Maxwell St, Tea Gardens is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 531m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
House
Land Size
531m2
Local Government
Mid-Coast
Lot/Plan
1/DP209584

Last Listing description (September 2021)

Commercial space on the main street in the heart of Tea Gardens ideal for new business enterprise or investor seeking immediate return potential.- Commanding corner position, prominent Myall Street frontage- 270m2* existing building size- Zoned B1 Neighbourhood Centre- Charming amp; appealing shop front fa#231;ade This site represents an impressive opportunity for the potential owner occupier or prudent investor, located in convenient, sought after, growing coastal town of Tea Gardens.Lot 1 (11 Maxwell Street TEA GARDENS):- Potential rental return of $750* per week with excellent potential to improve yield and add value.- Open commercial space with a kitchenette, office and retail space, plus a separate shed. - Site 531m#178;* with 26m* frontage to Myall Street and 20m* frontage to Maxwell Street with current access from both street frontages.*ApproximateWhilst all care has been taken preparing this advertisement and the information contained herein has been obtained from sources, we believe to be reliable, Tea Gardens Hawks Nest Properties does not warrant, represent or guarantee the accuracy, adequacy, or completeness of the information. Tea Gardens Hawks Nest Properties accepts no liability for any loss or damage (whether caused by negligence or not) resulting from reliance on this information, and potential purchasers should make their own investigations before purchasing.

Property History for 11 Maxwell St, Tea Gardens, NSW 2324

A timeline of how this property has performed in the market
Last Sold
$429,000
15 May 2020
  • 15 May 2020
    Sold for $429,000
  • 30 Nov 2019
    Listed for Sale Contact Agent
  • 03 Oct 2014
    Sold for $500,000

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About Tea Gardens 2324

The size of Tea Gardens is approximately 84.3 square kilometres. It has 12 parks covering nearly 10.1% of total area. The population of Tea Gardens in 2011 was 2,434 people. By 2016 the population was 2,888 showing a population growth of 18.7% in the area during that time. The predominant age group in Tea Gardens is 70-79 years. Households in Tea Gardens are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Tea Gardens work in a trades occupation. In 2011, 69.1% of the homes in Tea Gardens were owner-occupied compared with 71.5% in 2016.

Tea Gardens has 1,963 properties. Over the last 5 years, Houses in Tea Gardens have seen a 60.40% increase in median value, while Units have seen a 38.43% increase. As at 31 August 2024:

  • The median value for Houses in Tea Gardens is $884,002 while the median value for Units is $617,805.
  • Houses have a median rent of $580 while Units have a median rent of $473.
There are currently 25 properties listed for sale, and 5 properties listed for rent in Tea gardens on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Tea gardens.

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