114 Myall St, Tea Gardens is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 648m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in March 2012.
For the keen investor is this high exposure commercial property set on 815sqm in the heart of Tea Gardens, less than 70 metres from the pristine Myall River. The potential returns are for 3 income streams with a showroom/shopfront which can be a service station or easily converted to a retail store, a five bedroom residence upstairs and a workshop with adjoining yard being the third. Put your newly established business up in lights with the 1.8 square illuminated fluoro sign right on the main thoroughfare in and out of Tea Gardens. The residence has views to the Myall River, is light and bright and has been renovated to allow for a family environment or an easy living lifestyle choice. Within minutes to cafes, the Tea Gardens Hotel, the Country Club, the ferry servicing Nelson Bay, the beautiful Myall Lakes waterways, and the shopping precinct of Tea Gardens. Close to transport and the local primary school.
Inspections a must for those looking to build a successful business in a prime location, by appointment only.
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 39.50% increase in median value, while Units have seen a 56.56% increase. As at 31 December 2024:
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