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Sold on 04 Nov 2024 - Price Unavailable

3/71 Marine Drive
Tea Gardens NSW 2324

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 130m2
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Property Details for 3/71 Marine Dr, Tea Gardens

Building Type
Commercial
Floor Size
130m2

Last Listing description (November 2024)

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.

Property History for 3/71 Marine Dr, Tea Gardens, NSW 2324

A timeline of how this property has performed in the market
Last Sold
04 Nov 2024
  • 04 Nov 2024
    Sold for $450,000
  • 17 Sep 2024
    Listed for Sale Contact Agent
  • 13 Mar 2017
    Sold for $280,000
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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 1,964 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:

  • 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.
There are currently 35 properties listed for sale, and 6 properties listed for rent in Tea gardens on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Tea gardens.

Suburb Insights for Tea Gardens 2324

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Contact agent
Stuart Sinclair
Show contact details
Emma Miller
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Ray White Tea Gardens Hawks Nest
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.