166 Myall StreetTea Gardens NSW 2324
Property Details for 166 Myall St, Tea Gardens
166 Myall St, Tea Gardens is a 0 bedroom, 0 bathroom House with 3 parking spaces. The property has a land size of 307m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Last Listing description (November 2019)
For Sale by Expressions of Interest Closing 31 October 2019 at 4:00pm
- Tea Gardens and Hawks Nest, gateway to the Myall Coast and Port Stephens Blue Water Wonderland
- Surrounding Great Lakes offers 145km of stunning coastline and impressive waterways
- Great lifestyle including beaches, boating, fishing, sporting, cafes and restaurants and award winning schools
Property Features:
- Affordable entry level investment
- Includes approved DA plans to develop a three bedroom apartment above the commercial space
- Good exposure in popular retirement and holiday destination
- Fully leased by long term tenant and returning $26,375* per annum net
- Commercial shopfront fitout includes main trade area with additional storage room, staff area, kitchen and amenities
- On-site car parking at rear
The property comprises of a freestanding commercial building, currently occupied by a local hairdresser with an excellent trading history having been in occupation for in excess of 10 years. The property is constructed of full brick with metal roofing and features on-site car parking at the rear. Highly exposed to the main road into and out of Tea Gardens / Hawks Nest, the property is a short distance to the Myall River and once constructed, the upstairs residence would be equally suited to permanent or holiday rental.
*approximately
Property History for 166 Myall St, Tea Gardens, NSW 2324
- 15 Nov 2019Sold for $375,000
- 03 Jul 2015Listed for Rent $290 / week
- 27 Jun 2008Listed for Rent - Price not available
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0About 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 44.98% increase in median value, while Units have seen a 65.91% increase. As at 30 November 2024:
- The median value for Houses in Tea Gardens is $816,632 while the median value for Units is $682,967.
- Houses have a median rent of $580 while Units have a median rent of $478.
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