SOLD
Sold on 11 Jul 2024 for $2,753,000

2 Douglas Avenue
Tuncurry NSW 2428

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2420m2
Land area: 1230m2
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Property Details for 2 Douglas Ave, Tuncurry

Building Type
Commercial
Floor Size
2420m2
Land Size
1230m2
Local Government
Mid-Coast
Lot/Plan
10/DP261452

Last Listing description (April 2010)

SELF STORAGE COASTAL NSW (GREAT LAKES AREA)
SELF STORAGE HAS PROVEN TO BE THE WINNER OVER THE PAST 12 MONTHS OF THE FINANCIAL MELTDOWN THAT EFFECTED MOST OF THE WORLD AND HAD A MINIMAL SHORT TERM EFFECT ON OCCUPANCY IN SOME FACILITIES, BUT THE RESILIENCE OF THE INDUSTRIES HAS SEEN ANY DOWNTURN LONG GONE AND MOST FACILIITIES REBOUNDING HIGHER THAN EVER SUCH AS THIS IMMACULATE OFFERING.
THIS FACILITY HAS BEEN PRICED AS A MANAGED FACILITY BUT THE LOCATION, LOCATION, LOCATION WOULD TEMPT ANY BUYER TO SAY HEY, LETS GO AND OPERATE IT OURSELVES AND LIVE IN AN IDILLIC COASTAL SETTING AND PUT THE MANAGEMENT FEE IN OUR POCKETS AS THE PRESENT OWNERS HAVE DONE.

203 SELF STORAGE UNITS;
2 COMMERCIAL AREAS (RENTED)
3 BEDROOM VERY COMFORTABLE RESIDENCE;
4 SEPARATE FREEHOLD LAND TITLES IN TWO LOCATIONS;
5,816 M SQ LAND AREA
2,420 SQ M RENTAL AREA
95% OCCUPANCY
LARGEST FACILITY IN AREA
MONDAY TO FRIDAY
GROWING MEDUM DENSITY HOUSING AREA
FORWARD ESTIMATE INCOME $309,550 NET MANAGED $221,216 OWNER OPERATED $261,216
CALL TREVOR 0408962705
TREVOR@BENCHMARKBUSINESS.NET
WWW.S ELFSTORAGSALESAUSTRALIA.COM.AU

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Property History for 2 Douglas Ave, Tuncurry, NSW 2428

A timeline of how this property has performed in the market
Last Sold
$2,753,000
11 Jul 2024
  • 11 Jul 2024
    Sold for $2,753,000
  • 10 Oct 2012
    Sold for $1,500,000
  • 09 Apr 2010
    Listed for Sale 2300000
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About Tuncurry 2428

The size of Tuncurry is approximately 15.7 square kilometres. It has 15 parks covering nearly 11.6% of total area. The population of Tuncurry in 2011 was 5,800 people. By 2016 the population was 6,197 showing a population growth of 6.8% in the area during that time. The predominant age group in Tuncurry is 60-69 years. Households in Tuncurry are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tuncurry work in a trades occupation. In 2011, 64.4% of the homes in Tuncurry were owner-occupied compared with 66% in 2016.

Tuncurry has 4,689 properties. Over the last 5 years, Houses in Tuncurry have seen a 57.69% increase in median value, while Units have seen a 45.82% increase. As at 31 October 2024:

  • The median value for Houses in Tuncurry is $772,995 while the median value for Units is $515,004.
  • Houses have a median rent of $570 while Units have a median rent of $430.
There are currently 36 properties listed for sale, and 5 properties listed for rent in Tuncurry on OnTheHouse. According to CoreLogic's data, 218 properties were sold in the past 12 months in Tuncurry.

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