9-10 Teamster CloseTuggerah NSW 2259
Property Details for 9-10 Teamster Cl, Tuggerah
Last Listing description (November 2015)
10 year lease to Commonwealth of Australia to 22 September 2020 plus options.
Superbly presented freestanding Centrelink call centre.
Substantial 6,963 sqm corner site in leading business park.
Generous 102 on-title car spaces.
Attractive rent increases, greater of 3% or CPI.
High growth Wyong Shire, population 150,000.
Close to Sydney/Newcastle freeway interchange, Westfield Shopping Centre and Tuggerah Railway Station.
Surrounding occupants: NSW Police call centre, ING call centre, Bunnings, Australia Post and Homemaker Centre.
Excellent depreciation allowances.
5 Star NABERS energy rating.
Net Income: $794,116 pa + GST (September 2015).
For Sale by Expressions of Interest.
Property History for 9-10 Teamster Cl, Tuggerah, NSW 2259
- 15 Dec 2023Sold for $11,925,000
- 24 Feb 2016Sold for $8,875,000
- 30 Sep 2015Listed for Sale $8,825,000
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0About Tuggerah 2259
The size of Tuggerah is approximately 9.7 square kilometres. It has 14 parks covering nearly 23.3% of total area. The population of Tuggerah in 2011 was 1,017 people. By 2016 the population was 929 showing a population decline of 8.7% in the area during that time. The predominant age group in Tuggerah is 20-29 years. Households in Tuggerah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tuggerah work in a professional occupation. In 2011, 61.9% of the homes in Tuggerah were owner-occupied compared with 60.3% in 2016.
Tuggerah has 1,821 properties. Over the last 5 years, Houses in Tuggerah have seen a 64.28% increase in median value, while Units have seen a 32.47% increase. As at 31 August 2024:
- The median value for Houses in Tuggerah is $827,107 while the median value for Units is $625,060.
- Houses have a median rent of $565 while Units have a median rent of $410.
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