OFF MARKET

33 Old Punt Road
Tomago NSW 2322

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1595m2
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Property Details for 33 Old Punt Rd, Tomago

Building Type
Commercial
Land Size
1595m2
Local Government
Port Stephens
Lot/Plan
11/DP1138643

Last Listing description (November 2014)

Investment - 8 Year Lease
Building Area: 195m2
This busy modern industrial cafe is situated on the main rounda-bout on Tomago Road. This position places it just off the Pacific Highway and on the main road to Newcastle Airport and Port Stephens. The cafe services the Tomago industrial area with high quality breakfast and lunch time meals along with corporate catering and a place where meetings can be held away from the office. Comprising:

196m2 Stand-alone building on a 1,596m2 lot
Extensive kitchen equipment inventory
(16) On-site car parks
Fully landscaped grounds
Seating for (80) people
Lease expiring: (January 2023)
Plus (10) year option
Net Rent: $67,452pa
Rarely do quality investments become available with over (8) years still remaining on the lease with another (10) year option. The Old Punt Road Cafe (OPR) also includes a well designed quality fit-out that ensures whoever operates the business can produce the meals efficiently and quickly. Ideal for the breakfast and lunchtime trade. Bidding is expected from around the mid $600,000's.

Property History for 33 Old Punt Rd, Tomago, NSW 2322

A timeline of how this property has performed in the market
Last Sold
$690,000
13 Nov 2014
  • 13 Nov 2014
    Sold for $690,000
  • 07 Oct 2014
    Listed for Sale PUBLIC AUCTION: 13TH NOVEMBER 2014
  • 02 Nov 2009
    Sold for $580,000

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About Tomago 2322

The size of Tomago is approximately 39.3 square kilometres. It has 6 parks covering nearly 47.2% of total area. The population of Tomago in 2011 was 272 people. By 2016 the population was 282 showing a population growth of 3.7% in the area during that time. The predominant age group in Tomago is 60-69 years. Households in Tomago are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Tomago work in a machinery operators and drivers occupation. In 2011, 50% of the homes in Tomago were owner-occupied compared with 58.5% in 2016..

Tomago has 538 properties. Over the last 5 years, Houses in Tomago have seen a 33.85% increase in median value. As at 31 October 2024:

  • The median value for Houses in Tomago is $833,221 while the median value for Units is $441,842.
There are currently 2 properties listed for sale, and 1 property listed for rent in Tomago on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Tomago.

Suburb Insights for Tomago 2322

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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.