Positioned in the ever popular location of Marine Drive, this commercial freehold presents a great investment opportunity. Leased to long term tenants trading as the well established "Sudz" laundromat.
The property consists of a large open work space with spectacular Myall River views, drive through single car access, 1x reserved parking space at rear and a shared powder room.
Set in one of the busiest streets in town amongst the ever popular Tea Gardens Hotel, restaurants, cafe's and takeaway, the shop front is guaranteed foot and vehicular traffic year round!
Contact Ray White Tea Gardens Hawks Nest on (02) 4997 1300 or Stuart Sinclair on 0488 133 998 for more information or to arrange an inspection.
DISCLAIMER: Ray White Tea Gardens Hawks Nest makes no representations as to the accuracy of the information provided by our vendors. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative and for marketing purposes 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 1,964 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:
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