127 Princes HighwayUlladulla NSW 2539
Property Details for 127 Princes Hwy, Ulladulla
Last Listing description (November 2024)
Where prime retail meets unparalleled potential. This exceptional commercial offering presents a string of six retail shops, strategically positioned for maximum exposure along the bustling highway.
Boasting a commanding elevated corner position with north-facing ocean and coastline views. Situated opposite retail giants like Woolworths, Dominos, and nearby Ripcurl, Toyworld & Harris Scarfe, this location ensures a steady stream of foot traffic and business opportunities.
Five out of the six shops are currently leased, providing a solid and reliable return on investment.
Access is a breeze with five designated car spaces accessible from South Street, supplemented by rear access to each unit and ample on-street parking options.
With a Mixed Use zoning in place, the future prospects for this property are even more enticing. A potential redevelopment opportunity exists, with a DA approval valid for over four years, comprising 3 retail outlets, including a restaurant, alongside 3x2 bedroom apartments, 3x3 bedroom apartments, and two levels of convenient car parking.
Property History for 127 Princes Hwy, Ulladulla, NSW 2539
- 19 Nov 2024Sold for $1,325,000
- 21 Jun 2024Listed for Sale Price by Negotiation
- 08 Mar 2024Listed for Sale Price by Negotiation
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0About Ulladulla 2539
The size of Ulladulla is approximately 13.7 square kilometres. It has 26 parks covering nearly 13.2% of total area. The population of Ulladulla in 2011 was 6,070 people. By 2016 the population was 6,624 showing a population growth of 9.1% in the area during that time. The predominant age group in Ulladulla is 60-69 years. Households in Ulladulla are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ulladulla work in a trades occupation. In 2011, 68.4% of the homes in Ulladulla were owner-occupied compared with 67.8% in 2016.
Ulladulla has 4,862 properties. Over the last 5 years, Houses in Ulladulla have seen a 60.52% increase in median value, while Units have seen a 43.51% increase. As at 31 October 2024:
- The median value for Houses in Ulladulla is $918,780 while the median value for Units is $640,786.
- Houses have a median rent of $540 while Units have a median rent of $455.
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